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Tag: trading the news
NY Manufacturing Rebounds: Shipments Surge, Optimism Rises, Capital Spend Dips
Inventory levels stabilized after two months of decline, with the inventories index rising to 0.0. Delivery times and supply availability remained relatively stable, indicating a potential easing of supply chain…
Michigan Consumer Sentiment Rises To 69.0, Beating Analyst Expectations
Year-ahead inflation expectations dropped to the lowest level since December 2020….Read More
Fed’s Dilemma: Will Today’s CPI Data Tip the Inflation-Jobs Balance?
Tom Essaye, founder of Sevens Report Research, emphasized the significance of today’s report, stating, “Wednesday’s CPI could be the deciding factor in whether the Fed decides to cut 50 bps…