Tag Archives: US

Inflation in the US, as measured by the Consumer Price Index (CPI), arrived at 0.4% on a monthly basis in February and matched analysts’ estimate. On a yearly basis, the CPI rose to 1.7% as expected, the data published by the US Bureau of Labor Statistics showed on Wednesday.

The US economy continues on its path to recovery with strong PMI indicators and a healthy non-farm payrolls report with the US dollar showing strength supported by higher US Treasury yields. The yield on US 10-year Treasury notes rose 1.543%, indicating the highest levels since February or the highest level …

Nonfarm Payrolls (NFP) in the US increased by 379,000 in February, the data published by the US Bureau of Labor Statistics showed on Friday. To be updated …

There were 745,000 initial claims for unemployment benefits in the US during the week ending February 27, the data published by the US Department of Labor (DOL) showed on Thursday. This reading followed the previous one of 736,000 and came in better expectation of 750,000.

Planned job cuts in the US-based employers dropped to 34,531 in February from 79,552 in January, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday.

The United States services sector’s business activity index rose in February, recording its fastest expansion since July 2014, according to data by IHS Markit The seasonally adjusted final US services purchasing managers index (PMI) increased to 59.8 in February, up from 58.3 in January. The final reading for last month …

Rising treasury yields continued to make the biggest effect on the market last week, amid expectations for a surge inflation due to the increased government stimulus and monetary easing policies. Treasury yields in the United States rose last week to their highest level in about a year, with the benchmark …

The Labor Department said initial jobless claims fell to 730,000 last week, while the previous week’s figure was also revised down by 20,000 to 841,000. Analysts had expected a figure of 838,000 before the release. This reading followed the previous print of 841,000 (revised from 861,000) and came in better than …

Durable Goods Orders in the United States rose by 3.4%, or $8.5 billion, in January to $25.6.6 billion, the data published by the US Census Bureau showed on Thursday. This print followed December’s increase of 1.2% and beat the analysts’ estimate of 1.1% by a wide margin.

Weekly Recap: February 15-19, 2021 Global markets continued to be dominated by reflation expectations last week. In addition, various economic data and indicators reflected variably on the outlook for economic growth and recovery from the impact of the Coronavirus pandemic. Expectations for a rise in inflation in the United States …