Tag Archives: US

Annual inflation in the US rose to 5.4% in February according to the latest Core PCE Price Index reading released by the US Bureau of Economic Analysis on Thursday. That was a tad below the expected reading of 5.5% YoY, but above January’s 5.2% reading. The MoM gain in prices …

Initial Jobless Claims in the week ending on 26 March came in at 202,000, a tad above the expected reading of 197,000 and up versus the previous week’s 188,000 print. Continued Jobless Claims fell to 1.307M in the week ending on March 19, below the expected rise to 1.35M from …

There were 187,000 initial jobless claims in the US in the week ending on 19 March, less than the 212,000 expected and below the week prior, when there were 215,000 claims (revised up from 214,000), data published by the US Department of Labor (DOL) revealed on Thursday. The four-week moving …

US equities are higher for a fourth session, with the S&P 500 breaking to its highest levels since Russia invaded Ukraine. The index is trading in the 4430s, up 0.6% on the day and over 5.5% on the week. That would mark the best week of gains since November 2020.US …

There were 214,000 initial jobless claims in the US in the week ending on 12 March, less than the 220,000 expected and below the week prior, when there were 229,000 claims (revised up from 227,000), data published by the US Department of Labor (DOL) revealed on Thursday. The four-week moving …

Canadian inflation hit 5.7% YoY in February, according to Statistics Canada’s latest headline Consumer Price Index (CPI) release on Wednesday. That was above the expected rise to 5.5% from 5.1% in January. The MoM increase in the headline CPI in February was 1.0%, a little above the 0.9% expected and …

US Dow Jones futures rose more than 300 points as Wall Street attempts to rally for the second day in a row, despite the US Federal Reserve meeting tonight. Dow Jones Industrial Average futures rose 359 points, or 1.1%, while S&P 500 futures rose 1.2%. Nasdaq 100 futures jumped 2%. …

The International Energy Agency said on Wednesday that three million barrels per day of Russian oil and its products may not reach the market by the beginning of April, in the wake of Russia’s invasion of Ukraine. “Of the cutback, we see a reduction in total exports of 2.5 million …

The United States, the European Union, India, and South Africa have reached a preliminary agreement on a limited waiver of intellectual property rights for COVID-19 vaccines, informed sources said Tuesday. The sources said that the initial agreement between a smaller group of countries needs the approval of the capitals of …

After a historically volatile week, WTI is more subdued on Friday, remaining capped under $110 but supported above $104. WTI is on course for a weekly drop of over $7.0, which would be its worst one-week performance since November.Global oil markets look set to end a historic week of energy-related …