economic data
FirstFT: Ukraine and Russia explore neutrality plan
Hello. This article is an on-site version of our FirstFT newsletter. Sign up for our Asia, Europe/Africa or Americas edition to get it delivered straight to your inbox every weekday morning Ukraine and Russia have made significant progress on a peace plan that includes a ceasefire and a Russian withdrawal if kyiv declares neutrality and …
State of New Jersey uses Tyler Technologies’ solution to understand economic data
PLANO, Texas–(BUSINESS WIRE)–Tyler Technologies, Inc. (NYSE:TYL) today announced that the New Jersey State Office of Information Technology has successfully commissioned the Economic intelligence Solution. Data acquired from partner aggregators, including SafeGraph and Affinity Solutions integrates with Tyler’s Data & Insights platform so the State of New Jersey can analyze and understand economic trends and determine …
City eyes busy week of economic data and announcements
Sunday March 13, 2022 10:40 a.m. Last week was extremely volatile for London’s leading FTSE 100 index, rising from a low of 6,674 to a high of 7,672. It eventually ended up 2.41% Investors’ attention to developments in the Russian-Ukrainian conflict could be diverted by a jam-packed week of headline economic data and announcements. Last …
European stocks close higher amid flood of economic data and inflation concerns
European stocks ended the week higher as investors scrutinized a slew of economic data from the region while assessing the European Central Bank’s decision to scale back its asset purchase program faster than expected, but in leaving rates unchanged in a rising inflation environment. The German DAX closed 1.4% higher, the Stoxx Europe 600 rose …
We need to lock in the positive economic data
Economic data released today confirms the resilience of the Australian economy, but we will have to work hard to sustain long-term growth, said Business Council chief executive Jennifer Westacott. “Today’s national accounts figures are great news for the country. This positive result is driven overwhelmingly by states that reopened their economies after the Delta outbreak. …
Russia Heads for Kyiv, Stocks Rebound, Economic Data Deluge
© Reuters By Peter Nurse Investing.com — Russian troops continued to advance on Ukraine’s capital Kyiv as Moscow defied new sanctions imposed by Western powers. European stocks rebounded, but Wall Street is expected to open lower ahead of a deluge of economic data that could guide the Federal Reserve at next week’s policy-setting meeting. Crude …
Pamplin Media Group – Oregonians disappointed by legislative hope despite good economic news
The survey shows more pessimism than a decade ago, when unemployment was higher amid the recovery from the Great Recession It is a paradox. The state legislature is awash with money. Oregon’s COVID cases are among the lowest in the nation. And yet, only 31% of Oregonians are optimistic that the current short session of …
The Weekly Wrap – Russia and Ukraine eclipse economic data
Statistics It’s been a busy week on the economic calendar in the week ending 18and February. A total of 66 stats were monitored, following 31 stats the previous week. Of the 66 statistics, 33 are ahead of forecasts, with 26 economic indicators below forecasts. There were 7 stats that were in line with the forecast …
USD/CAD struggles at 1.2700 after US and Canadian economic data ahead of FOMC minutes
US retail sales exceeded expectations, but Canadian inflation exceeded the 5% threshold. Market sentiment shifted to risk aversion following US Secretary of State Blinken’s remarks that Russia is moving troops to the Ukrainian border. USD/CAD is neutral on the upside, but USD/CAD buyers need to recover 1.2700. In the North American session, USD/CAD extended its …
Economic data: error or truth?
Economic data: error or truth? Financial analysts, rating agencies and national governments are often obsessed with analyzing the next set of economic data, especially the highs and lows of GDP – a key macroeconomic indicator – which usually reflects the health of a economy. The reason for this obsession is that many local investment decisions …
The week ahead – Central bank chatter, economic data and geopolitics in brief
On the macro It’s a quiet week ahead on the economic calendar, with the XX stats at the center of the week ending on the 11th.and February. The previous week, 76 statistics had been developed. For dollars: At the beginning of the week, the statistics are limited to December trade data which will have a …
European stocks end higher amid flurry of economic data
European stocks ended the first day of February in the green, continuing their rally from Monday, as investors closely watched economic data from the region. The French CAC increased by 1.4%, the Stoxx Europe 600 and the Swiss Market Index each increased by 1.1%. The FTSE 100 in the UK and the DAX in Germany …
Economic data puts the euro back in the spotlight
Early in the day: It’s a relatively busy start to the day on the economic calendar this morning. The Japanese yen and the Australian dollar will be in action in the early hours of the morning. In Japan, industrial production and retail sales numbers will be the focus ahead of private sector credit numbers in …
European stocks end lower amid major economic data and tensions in Ukraine
European stock markets closed the week lower after a slew of economic data from the region, including a contraction in the German economy in the fourth quarter, amid lingering tensions in Ukraine. Germany’s DAX was down 1.3%, the UK’s FTSE 100 was down 1.2% and the Stoxx Europe 600 was down 1%. The French CAC …
December 2021 economic data shows Florida continues to lead the nation in job growth
Florida businesses added 479,300 total jobs, up 5.6% year-on-year VIDEO ABOVE: Governor DeSantis is announcing more than $10 million in funds for Sarasota on Friday to help with resilience and mitigation. TALLAHASSEE, FL – Governor Ron DeSantis announced that Florida’s December 2021 economic data topped the nation with 20 straight months of job growth and …
European stocks close higher as investors focus on earnings and economic data
(RTTNews) – European equities closed broadly higher on Thursday as investors engaged in some cross-border buying, shrugging off concerns over inflation and concerns over impending interest rate hikes. Investors also digested a flurry of earnings announcements and economic data from the region, and watched for updates on tensions between Russia and Ukraine. The pan-European Stoxx …
US stocks end mixed after gloomy economic data
The Dow Jones retreated on Friday, January 14, led by declines in some financial heavyweights after reporting their quarterly results, while gains in technology stocks fueled gains in the Nasdaq and the S&P 500 index. Meanwhile, retail sales plunged in December, indicating shortages of goods and the impact of the outbreak of the Omicron variant …
Tough week for tech amid economic data and rising interest rates
The tech saw a massive sell-off this week It’s been a volatile week on Wall Street, with technology in the spotlight for most of it. On Monday, the Dow Jones Industrial Average (DJI) recorded its fourth consecutive defeat, and the S&P 500 (SPX) its fifth, while the Nasdaq went into the black late in the …
The Weekly Wrap – COVID-19, Fed Economic Data and Monetary Policy Delivered Choppy Week
Statistics It has been a particularly busy week on the economic calendar, the week ending on the 7the January. A total of 63 statistics were monitored, up from 15 the previous week. Of the 63 statistics, 34 are ahead of expectations, with 23 economic indicators below expectations. There are 6 stats that were in line …
US stocks are mixed as investors look to the latest economic data, earnings; High-value tech stocks stumble
U.S. stocks were mixed on Tuesday with the biggest names in tech pulling the Nasdaq Composite down, as investors looked to major economic data this week, as well as earnings from large-cap companies like Walgreens (WBA ), Conagra (CAG) and Constellation Brands (STZ). The S&P 500 fell less than 0.1% to 4,793.54 and the Nasdaq …
Economic data puts the euro and the dollar in the spotlight
Early in the day: It’s a particularly calm start to the day on the economic calendar this morning. There are no major statistics for the markets to consider during the Asian session. Major At the time of this writing, the Kiwi Dollar was up 0.16% to $ 0.6841, and the Australian Dollar 0.10% to $ …
Limited economic data due to Christmas holidays
The Christmas holidays mean the UK and EU are unwilling to release major economic data this week, while the US only has a handful. we Tuesday, after Boxing Day, marks the start of any major data release in the United States, as the Housing Price Index is released. This is an important indicator because the …
US stocks rise as investors assess economic data and mitigate Omicron risks ahead of Christmas
Johannes Eisele / Getty Images US stocks rise Thursday before investors leave for the Christmas holidays. A lot of economic data has arrived, including weekly jobless claims which hold steady at 205,000. The Fed’s preferred inflation indicator was ahead of expectations. US stocks rose on Thursday, hitting a third straight day of gains as investors …
US economic data and US markets to provide direction
Major It was another bullish day for European majors on Wednesday. The CAC40 appreciated by 1.24%, with the DAX30 and EuroStoxx600 increasing by 0.95% and 0.92% respectively. As of midweek, investors continued to dismiss Omicron updates as tech stocks were on the move. On the economic data front, upward revisions to US GDP figures and …
As economic data highlights GBP, COVID-19 updates will be key
Early in the day: It was a quiet start to the day on the economic calendar this morning. The Kiwi dollar was in action early this morning. On the monetary policy front, the PBoC also set loan prime rates for the last time this year. While leaving the 5yr unchanged at 4.65%, the PBoC lowered …
The week ahead – Economic data is once again the center of attention after last week’s central bank action
On the macro It’s a quiet week ahead on the economic calendar, with 32 stats at a glance during the week ending 24e December. During the previous week, 87 statistics had been finalized. For the dollar: Finalized 3e GDP for the quarter and weekly jobless claims will be the focus of concerns mid-week. Expect unemployment …
Economic data puts GBP and euro on top after Thursday’s policy decisions
Early in the day: It was a quiet start to the day on the economic calendar this morning. The Kiwi dollar was in action early this morning. Later this morning, the BoJ will also be the center of attention, making its final monetary policy decision of the year. For the Kiwi Dollar In December, the …
Flurry of economic data | Nasdaq
The indices continue to ride the post-Fed meeting wave of the upside in pre-market activity today, as the acceleration in asset purchases in early 2022 was greeted with understanding and relief yesterday afternoon. “Understanding†because this Fed decision was indicated weeks ago by Fed Chairman Powell; “Relief” because the Fed bothered yesterday to say that …
Omicron to boost markets amid heavy week of economic data
Sunday 12 December 2021 5:12 pm Sentiment is more confused due to uncertainty as to the extent to which the reintroduction of stricter Covid-19 prevention measures in the UK could hurt economic growth in the coming months Once again, the Omicron news is expected to spark sudden reactions from investors amid a busy week of …
In front of key economic data, Bitcoin, Ether and Solana fall
New Delhi: Amid profits made by cryptocurrency investors, Bitcoin and Ethereum prices fell on December 10. Crypto traders have been cautious of key economic data, which resulted in Bitcoin being priced at $ 48,000. In addition, due to this fact, the global cryptocurrency market has suffered losses as well. Bitcoin was trading at $ 49,130.51 …
Eurozone economic data maintains momentum, outlook clouded
While researchers have yet to confirm the theory that Covid-19 will become a seasonal virus, growing evidence suggests that a small seasonal effect could likely contribute to larger epidemics in winter. In fact, Europe is once again experiencing a surge in coronavirus infections, to levels not seen in months. A new mutation; the Omicron variant, …
The week ahead – Central bank discussion, economic data and COVID-19 at a glance
On the macro It’s a particularly busy week on the economic calendar, with 78 stats featured in the week ending 3e December. During the previous week, 49 statistics had been finalized. For the dollar: Earlier this week, consumer confidence will be the focus ahead of non-farm and manufacturing ADP data on Wednesday. Expect the most …
Stocks fall amid fears of new variants; Mostly positive economic data
Shares ended this short week with a sharp drop in concerns over a new variant of the coronavirus. Friday’s drop came in a holiday shortened session typically characterized by light volume, so it’s hard to say if the market reaction would have been this harsh in a normal session. The S&P 500 had gained 0.11% …
Gold Dips Against Stronger Dollar, Investors Consider Data Explosion
(Add a comment, update the prices) * 2nd estimate of US GDP for the 3rd quarter, first jobless claims at 13:30 GMT * FOMC to publish minutes of political meeting on 2-3 November Nov. 24 (Reuters) – Gold prices fell on Wednesday, forecast for a fifth straight session of losses as the US dollar strengthened …
U.S. mortgage rates rebound, boosted by bullish U.S. economic data and inflation
Mortgage rates increased for the 1st time in 3 weeks, scoring a 4e increase in 6 weeks The rise in mortgage rates saw the 30-year fixed rate cross the 3% mark. In the week ending 18the In November, fixed 30-year rates rose 12 basis points to 3.10%. Compared to the same period last year, 30-year …
The week ahead – COVID-19, economic data and monetary policy at a glance
On the macro It’s a relatively busy week on the economic calendar, with 49 stats at the center of the week ending 26e November. During the previous week, 60 statistics had been finalized. For the dollar: Earlier this week, the preliminary private sector PMIs for November will be the focus of discussions on Tuesday. While …
The Weekly Wrap – Discussion of lockdowns and economic data provided with dollar backing
Statistics It was a busier week on the economic calendar, in the week ending 19e November. A total of 60 statistics were monitored, up from 39 the previous week. Of the 60 statistics, 36 are ahead of forecast, with 16 economic indicators below expectations. There were 8 stats that were in line with the week’s …
Economic data demonstrates China’s continued resilience
China released a series of economic data for October on Monday, beating economists’ expectations. Its retail sales grew 4.9% year on year from an estimated 3.5%, while industrial production rose 3.5%, up 0.4% from the previous month and improving from compared to the forecast of 3.1%. Finally, investments in fixed assets increased by 6.1%, which …
China’s economic data should show further signs of weakness
(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Bloomberg’s Most Read The Chinese economy likely continued to weaken across the board in October, with few signs of a bottom. A set of key economic data to be released on Monday will be closely scrutinized for …
Asian markets mixed amid strong economic data and inflation fears | Business and Economy
Optimism continues to be dampened by worries about inflation, which has jumped this year due to a pickup in demand. Asian markets were mixed on Monday, as long-standing inflation concerns offset anti-forecast economic data from the United States and China, as tourism-related companies rallied in optimism over the global reopening after Pfizer said its pill …
Economic data from Germany and the United States put the euro and the dollar back in the spotlight
Early in the day: The start of the day on the economic calendar was relatively busy this morning. The Australian dollar was in action at the start of the Asian session, with China’s economic data also taking center stage. For the Australian dollar The AIG manufacturing index fell from 51.2 to 50.4 in October. According …
US stocks post weekly gains amid profits and economic data
NEW YORK, Oct. 30 (Xinhua) – US stocks rose during the week as Wall Street assessed a series of earnings reports and economic data. For the week ending Friday, the Dow Jones gained 0.4%, the S&P 500 rose 1.3% and the Nasdaq Composite rose 2.7%. For October, the Dow Jones climbed 5.8%, while the S&P …
Financials and tech stocks lead highs on Friday; Mixed economic data
In Friday’s session, 151 stocks traded at a 52 week high, while 34 stocks hit a new 52 week low. The S&P 500 is down 0.07% so far today while the Dow is down 0.01%, the Nasdaq is down 0.02% and the Russell 2000 is down 0 , 27%. The markets were stable at the …
US stocks rally amid earnings and economic data
NEW YORK, Oct. 28 (Xinhua) – US stocks rose on Thursday as investors analyzed a plethora of earnings reports and economic data. The Dow Jones Industrial Average rose 239.79 points, or 0.68%, to 35,730.48. The S&P 500 rose 44.74 points, or 0.98%, to 4,596.42. The Nasdaq Composite Index rose 212.28 points, or 1.39%, to 15,448.12. …
US dollar slips amid economic data
The US dollar weakened at the end of Saturday’s session as market participants digested a plethora of economic data NEW YORK, Oct 23 (UrduPoint / Pakistan Point News – Oct 23, 2021) -: The US dollar weakened late in session on Saturday as market participants digested a plethora of economic data. The dollar index, which …
US dollar stagnates amid bullish economic data
Even though bullish economic data gave the greenback a boost on Friday, the greenback was down in London on Friday as the dollar headed for a second straight week of losses. According to US data released Thursday, existing home sales rose 7% month-over-month in September to 6.29 million units. However, the DXY bulls failed to …
US dollar reverses some losses – economic data supports
The US dollar appears to have reversed some of its recent losses early in Friday’s session, supported by positive economic data from the housing sector and the labor market as well as a slight rise in US Treasury yields. At the time of this writing, the DXY US Dollar Index is trading at around 93.64. …
Will Chinese ETFs Suffer from Weak Economic Data?
The world’s second-largest economy experienced disappointing growth in the third quarter, largely due to power shortages and a slowdown in the real estate sector. According to the National Bureau of Statistics, China’s third-quarter GDP grew 4.9% year-on-year, slowing from 7.9% in the second quarter of 2021 and below market consensus of 5.2% (according to a …
The PSEi ends on the side ahead of US economic data; the peso is weakening
MANILA – The main stock index closed sideways on Monday as investors waited for new economic data from the United States as the peso weakened against the greenback. The Philippine Stock Exchange Index (PSEi) rose 0.09%, or 6.35%, to 7,219.81 points. All stocks fell 0.40%, or 17.88 points, to 4,430.93 points. Half of the sector …
Markets with strong earnings and economic data: Top 5 picks
Wall Street rebounded in the first half of October after a devastating September in which major stock indexes experienced the biggest drop in a decade. October is also known for its fluctuating business model. Despite this, since the start of the month, the three major stock indexes – the Dow, the S&P 500 and the …
US stocks climb amid strong third quarter US earnings and economic data
The third quarter US earnings season could help investors put supply chain risks into perspective. Bloomberg: Stocks rose as better-than-estimate earnings and economic data eclipsed fears that inflationary pressures and supply chain grunts could weigh on growth. All the major groups in the S&P 500 made progress. Bank of America Corp. climbed after beating analysts’ …
Stocks increase profits at the start of the season: markets end
(Bloomberg) – The stock market has headed for its best day since March, as better-than-expected corporate earnings and economic data outweighed fears that inflationary pressures and supply chain grunts do not hinder growth. Bloomberg’s Most Read All the major groups in the S&P 500 made progress. The KBW Bank Index – which jumped nearly 40% …
Internet reacts to brutal new economic data: “Not what the White House wants to see”
Media Headlines October 13 In today’s media, Nancy Pelosi told reporters she “could do a better job selling” Build Back Better, Maxine Waters tweets about the hack and “The View” guest co-host explains why she owns a gun. Social media users did not like the new economic data that revealed U.S. inflation is at its …
Economic data highlights euro and pound sterling
Early in the day: It was a busier start to the day on the economic calendar this morning. The Kiwi dollar and Australian dollar were in action, with UK economic data also taking center stage. For the Kiwi Dollar In September, retail sales of electronic cards rose 0.90% month-on-month, after falling 19.7% in August. According …
Why the world’s largest economic data release pissed off the markets
US employment data came in weaker than expected on Friday. This has been good news for the markets lately. Weaker employment data means looser monetary policy. But this time, traditional commerce did not pay off. What changed ? US employment data was worse than expected – and markets didn’t like it Once a month, every …
US stocks rise amid economic data
NEW YORK, Oct.6 (Xinhua) – US stocks reversed earlier losses to end higher on Wednesday as investors digested a wealth of economic data. The Dow Jones Industrial Average rose 102.32 points, or 0.30%, to close at 34,416.99. The S&P 500 rose 17.83 points, or 0.41%, to 4,363.55. The Nasdaq Composite Index rose 68.08 points, or …
European stock markets end in the green after the publication of economic data
European stocks closed higher on Tuesday after the release of economic data from across the continent. Stoxx Europe closed up 1.2% and UK FTSE 100 rose 0.9%. The German DAX closed 1.1% higher, the French CAC rose 1.5%, while the Swiss market index was slightly higher. The UK’s final services PMI rose to 55.4 in …
NZD / USD retreats below daily highs near 0.6960 on dismal economic data
The NZD / USD trades higher on Tuesday in the first Asian trading session. The US dollar index slips below 93.50, retreating from annual highs. Risk aversion limited gains for Kiwi. The NZD / USD extends the gains of the previous session on Tuesday into the Asian session. The selling pressure on the US dollar …
Xinhua’s global economic news summary at 10:30 a.m. GMT on September 5
SANTIAGO – The Latin America and the Caribbean region will experience economic growth of 5.9% in 2021 amid a pandemic that has exacerbated long-standing structural problems in the region, said the United Nations Economic Commission for Latin America and the Caribbean. In its report entitled “Economic Survey of Latin America and the Caribbean 2021: Labor …
Afghanistan Turmoil adds to list of investor concerns
The rapidly evolving situation in Afghanistan must be added to the growing list of global issues for investors to watch as stock markets digest the Taliban’s return to power, warns the CEO of one of the largest independent organizations in global financial, asset management and fintech consultancy. . The warning from Nigel Green, chief executive …
Xinhua’s global economic news summary at 10:30 a.m. GMT, July 24
NEW YORK – The US dollar rose late Friday as market participants digested the latest economic data. The dollar index, which measures the greenback against six major peers, rose 0.09% to 92.9104. At the end of the session in New York, the euro fell to 1.1770 dollars against 1.1771 dollars in the previous session, and …
Dull stock market due to shortage of business and business news
The equity market is experiencing some lull with little flow of information about the companies and the economy to provide direction. The benchmark S & P / NZX 50 closed 0.08%, or 10.073 points, at 12,429.98 on Thursday. “There is a bit of a vacuum in the news for kiwifruit investors,†said Greg Smith, research …
Euro Pound Exchange Rate Steady As Lockdown Lifts, But Economic News Is ‘Dull’ | Travel News | To travel
The pound sterling’s exchange rate against the euro fell from what was described as a “13-week high” in late March, to new “six-week lows” in recent days. It comes against a backdrop of growing concerns about the deployment of vaccination in Europe, coupled with “lackluster†economic developments. There is good news for the pound, however, …
FTSE News: Markets, Pound Collapse On Grim Economic News
Thank god it’s the weekend The London markets and the pound sterling have stumbled on the back of a series of poor economic data and caution over the potential for tougher travel restrictions across Europe. The first PMI (Purchasing Managers ‘Index) figures for January were significantly lower than economists’ expectations after the latest foreclosure hit …
Asian stocks fall after Wall St slips on grim economic news
Stocks fell in Asia on Friday after a crush of dismal economic data helped send markets lower overnight in a soft end to a historic and behemoth month for equities. Most regional markets were closed for the May Day holiday. But Japan’s Nikkei 225 slipped 2.3% to 19,730.41 while Australia’s S&P/ASX 200 fell 3.9% to …
November 18 – November 22, 2019
Powell’s testimony from the Fed on the economy before Congress pushed stock prices higher last week. And it was worth paying attention to this news. But will the next round of economic data confirm the bullish outlook? Investors will need to focus on the Wednesday and Friday releases. Let’s take a look at the details. …
October 14 – October 18, 2019
Markets all but ignored Fed discussions last week as developments in the U.S.-China trade war distracted investors from expected press releases. But it was worth paying attention to our news calendar from last week which highlighted UK economic data leading up to the GBP rally at the end of the week. This week we will …
The stock market turmoil was above all good economic news | Larry Elliot
VShrstine Lagarde had good news to report when she traveled to Davos three weeks ago to announce the latest economic forecasts from the International Monetary Fund. The global economy was doing better than expected across the board, said the managing director of the IMF. There was another message, however, a warning not to get too …