Composite PMI Falls Below Expectations HCOB’s preliminary composite eurozone PMI, compiled by S&P Global, dropped to 48.9 in September from 51.0 in August. This marked the first contraction since February,…
Tag: Economics
US Retail Sales Rise 0.1% in August, Nonstore Retailers Up 7.8%, Fed Rate Cut Expected
July’s retail sales were also revised upward, from a previously reported 1.0% increase to 1.1%, providing additional momentum to the retail sector. Core Retail Sales Show Positive Growth Excluding auto…
Five Things to Know in Crypto This Week: The Fed Ignites 6.85% Crypto Market Rally
MSTR Weekly Chart 210924Ripple, the SEC, and Capitol Hill SEC Chair Gensler and US lawmakers were in prep mode ahead of a US Financial Services Committee Hearing, where all five…
US Jobs Robust, Manufacturing Mixed: Unemployment Down, Production Up, Outlook Cautious
Four-Week Average Trends Lower The four-week moving average of initial claims, which smooths out weekly fluctuations, fell by 3,500 to 227,500. This downward trend further supports the notion of a…