Tag Archives: US

The business activity in the US’ manufacturing sector expanded at an impressive pace in October with the ISM Manufacturing PMI jumping to 59.4 from 55.4 in September. This reading beat analysts’ estimate of 55.8 by a wide margin. Further details of the publication revealed that the Prices Paid Index rose …

The Personal Consumption Expenditures (PCE) Price Index in September rose 0.2% on a monthly basis, the US Bureau of Economic Analysis reported on Friday. On a yearly basis, the PCE Price Index increased to 1.4% from 1.3% in August (revised from 1.4%). Additionally, the annual Core PCE Price Index, the …

Personal Income in the US rose by 0.9% on a monthly basis in September following August’s contraction of 2.5%, the US Bureau of Economic Analysis reported on Friday. This reading came in slightly better than the market expectation for an increase of 0.4%. Further details of the report revealed that …

There were 751,000 initial claims for unemployment benefits in the US during the week ending October 24th, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 791,000 (revised from 787,000) and came in slightly better than the market expectation …

Durable Goods Orders in the United States expanded by 19% on a monthly basis in September. The reading was well above the 0.5% rise anticipated and the 0.4% growth recorded in the previous month. Excluding transportation, new orders increased by 0.8% as against 0.4% anticipated, and the previous month’s upwardly …

The United States is appealing against a recent ruling by the World Trade Organization (WTO) that considered American tariffs imposed on China in 2018 as a breach to global trade rules, Reuters reported on Monday. Last month, a WTO panel ruled that there was no justification for the imposed tariffs.

China’s Foreign Ministry announced on Monday, it will impose sanctions on the US entities involved in the arms sales to Taiwan. Lockheed Martin, Boeing and Raytheon will be sanctioned, the Ministry said. Developing Story…

There were 787,000 initial claims for unemployment benefits in the US during the week ending October 16th, the data published by the US Department of Labor (DOL) revealed this Thursday. This reading followed last week’s print of 842,000 (revised from 898,000) and came in better than the market expectation of …

The United States is concerned with China’s growing influence in Brazil, as expressed by the U.S. Trade Representative Robert Lighthizer on Tuesday. Lighthizer’s remarks, picked up by Reuters, came during an event hosted by the U.S. Chamber of Commerce. It is worth noting that China is Brazil’s largest trading partner. …

Retail Sales in the US rose by 1.9% on a monthly basis in September to $549.3 billion, the data published by the US Census Bureau showed on Friday. This reading followed August’s increase of 0.6% and came in better than the market expectation of 0.7%. “Nonstore retailers were up 23.8%from …