Natural gas prices remain under pressure as traders react to the EIA report….Read More
Tag: financial market
Core PCE Inflation Hits 0.3% in October; Annual Rate Climbs to 2.8%, Led by Services
More Information in our Economic Calendar.How Did Consumers Spend in October? Consumer spending rose 0.4% in October, reflecting a $72.3 billion increase in outlays. The bulk of this growth came…
Crude Inventories Fall By 1.8 Million Barrels; WTI Oil Settles Near $69.00
Gasoline inventories increased by 3.3 million barrels from the previous week….Read More
German Consumer Confidence Tumbles, Recession Fears Mount, EUR/USD Dips
The November survey revealed troubling trends: Income expectations declined sharply, sliding by 17.2 points to -3.5 points, the lowest level since February 2024. Rising unemployment and a weak wage growth…