Tag Archives: US Economy

The U.S. Federal Reserve looks at a wide range of indicators trying to extract as much observations as possible on how close the economy is to reach full employment. Federal Reserve Chair Jerome Powell said Tuesday that the central bank will look beyond headline numbers to determine when it has …

The year-on-year rate of Producer Price Inflation came in at 8.6% in October, unchanged from the month prior and slightly below expectations for 8.7%, according to a report by the US Bureau of Labour Statistics. the Month-on-Monthrate of PPI rose to 0.6% in October, versus expectations for 0.5% and higher …

US Treasury yields fell on Tuesday morning, ahead of inflation data, as the benchmark 10-year Treasury yield fell by less than a basis point to 1.488%, and the yield on 30-year Treasuries shed less than a basis point, falling to 1.8836%, Returns move inversely with prices and one basis point …

Oil prices fell, in trading today, Tuesday, after two consecutive sessions of gains supported by the American infrastructure bill, Chinese exports, the global recovery after the pandemic, and the raising of expectations for fuel demand. Brent crude was down 10 cents at $83.33 a barrel, after rising 0.8% on Monday, …

Weaker USD profile prevailed all through the U. S. trading session on Monday. The GBP/USD pair has jumped to 1.3530-35 by weaker USD and EUR/USD was another pair that similarly benefited from the same reason, while Treasury yields continued surging and Gold touched fresh highs. Inflation is still impacting monetary …

Bitcoin has been climbing since early Saturday morning. Truth to say regulation and taxation are on the way with steady steps, but that may be also good news, not only for Bitcoin, but also for , Ethereum, and Dogecoin as well.The value of cryptocurrencies jumped over the weekend and the …

Banks largely eased credit standards for businesses, commercial real estate investors and households in Q3, as the U.S. economy weathered the latest wave of the coronavirus pandemic, a Federal Reserve survey reported on Monday.The Fed’s Senior Loan Officer Survey, offering evidence of continued economic momentum, said banks “generally reported having …

US Treasury yields rose on Monday morning, as investors’ attention turned to inflation data, due for release later in the week, the benchmark 10-year Treasury yield was up 2 basis points to 1.474 percent, and the 30-year Treasury yield added a point. 1 basis at 1.8999% This comes after Treasury …

Oil trimmed its weekly loss as Saudi Arabia increased prices for its global crude exports and the U.S. is still considering a potential release of oil from the strategic reserve.Crude oil in New York session smoothed its weekly loss to 2.8%, rising sharply late in the session Friday after Saudi …

Treasury yield on 10-year bonds slides below 1.5%, extending a remarkably volatile week. U.S. government bonds rallied after a better-than-expected jobs report Friday, sending the yield on the benchmark 10-year Treasury note below 1.5% for the first time in about a month.The yield on the 10-year note recently traded at …