all stories tagged «Economy».
stories appear here with a 15-minute delay. in real time — via the api connect the api →
20 stories
SMBC Americas economist Joe Lavorgna says inflation is not easing quickly enough, expecting further Fed hikes with December the likelier timing, per Seeking Alpha.
1 source · seekingalpha.com
Crude stocks at Cushing rose 1.86 million barrels to 26.6 million in the week to October 9, while the SPR held at 283.0 million barrels.
2 sources
SEBI will settle expiring stock and index derivatives on 30-minute VWAP instead of closing auction prices, with the changes effective December 7.
2 sources
According to the Guardian, UK finance minister John Healey plans to tax banks in his budget to offset higher government borrowing costs and keep deficit plans on track.
1 source
The Philly Fed manufacturing index dropped to 20.9 in October from 37.8 in September, missing the 30.0 forecast but staying above zero.
2 sources · seekingalpha.com
US retail sales excluding autos and gasoline rose 0.2% in September, while sales excluding autos alone climbed 0.9%.
2 sources
The US retail sales control group rose 0.1% month on month in September, while August's figure stood at +1.2%, according to RTT News/dpa-AFX.
2 sources
Market Talk reports bitcoin fell 1.4% to $80,627 while its gold correlation reached 51%, near late-2020 highs. The dollar index stays firm near 18-month peaks.
1 source · Market Talk
The New York Fed's business conditions index rose to 25.5 in October from 7.6, far above the 10.3 forecast and the highest since December 2021.
2 sources
The New York Fed's regional manufacturing survey showed prices paid falling in October, while new orders jumped to 23.2 from 2.0 in September.
2 sources
The US Labor Department reported 199,000 initial jobless claims for the week ended October 10, seasonally adjusted, with the four-week average at 198,500.
1 source
US retail sales climbed 0.8% month on month in September and 6.3% year on year, with gasoline station sales jumping 6.4%. Excluding autos, sales rose 0.9%.
1 source
New US unemployment claims rose by 1,000 to a seasonally adjusted 199,000 in the week to October 10, slightly below economists' expectations of 200,000.
1 source
The Empire State manufacturing index rose to 25.5 in October from 7.6 in September, while the employment index eased to 10.3 from 10.6.
2 sources
First-time US unemployment benefit claims rose to 199,000 in the week ended October 10, slightly above the revised prior week and below the 200,000 economists had expected.
2 sources
Japan's industrial production fell 2.4% month on month in August, according to final data, well below the initial 1.7% contraction estimate.
1 source
France's September CPI fell 0.3% month on month, annual inflation rose to 3.1%, and HICP also dropped 0.3% m/m, according to RTT News/dpa-AFX data.
3 sources
Deutsche Bank estimates AI spending added up to a third of UK growth in the first seven months of this year, The Wall Street Journal reports.
2 sources · Update
UK GDP rose 0.1% in August, beating a Reuters poll that expected a decline. The ONS data was reported by sharecast.com on Thursday.
2 sources · sharecast.com
Glassnode says buyers from the past two years are capping Bitcoin below $88,000, while hotter US inflation pushed gold and silver lower, per WSJ market reports.
1 source · Market Talk