Core Orders Miss Expectations Core durable goods, which exclude volatile transportation items, were forecast to rise by 0.4%, but actual growth came in at a muted 0.3%. Similarly, total durable…
Tag: financial market
China’s January PMIs Question Stimulus Effectiveness; AUD/USD and Hang Seng React
China’s PMIs drop in January, raising concerns about Q1 2025 growth and the effectiveness of stimulus measures….Read More
Dallas Fed Manufacturing Index Rises To 14.1; SP500 Climbs Back Above 6000
The report also showed that upward pressure on prices and wages increased. The Prices Paid for Raw Materials Index increased from 12.1 to 17.5, while Wages and Benefits Index improved…
Michigan Consumer Sentiment Drops To 71.1; SP500 Pulls Back From Session Highs
The University of Michigan commented: “Despite reporting stronger incomes this month, concerns about unemployment rose; about 47% of consumers expect unemployment to rise in the year ahead, the highest since…