Tag: economic data

December 11, 2023

The FTSE 100 has reached a two-month high at 7,583 on Friday, close to its 200-day simple moving average (SMA) at 7,565 which acts as resistance with the previous resistance area, now a supportzone, at 7,543 to 7,535 being revisited. […]

November 11, 2020

Economists and market analysts say that when President-elect Joe Biden takes the oath of office in January, he will inherit a battered economy. While most metrics of economic activity have risen from the record-shattering lows they hit in March and […]

August 14, 2020

U.S. Treasury yields clipped their decline on Friday after the start of a raft of economic, with retail sales coming in slightly weaker than expected but suggesting the engine of the U.S. economy — consumers — continued to spend amid […]

November 8, 2019

Value stocks, those with stable fundamentals and subpar valuations, haven’t been this cheap since the financial crisis, according to Bank of America. Cheap equities enjoyed a resurgence in September from a decade of underperformance as investors bet on economically sensitive, […]

October 3, 2019

Investors and economists are chasing a moving target of strong and weak economic data, making it increasingly confusing what the state of the economy really is. Credit Suisse said weak manufacturing data accompanied by healthy economic data elsewhere lands the […]

June 12, 2019

As the market’s conviction of a rate cut keeps growing firmer, another Wall Street bank came out defying the consensus. UBS joined Goldman Sachs in warning that the market’s expectation for a rate cut is not realistic because recent economic […]

March 5, 2019

Treasury yield bounced back from the previous session’s decline, ahead of a gauge of the service sector’s health. The 10-year Treasury note yield TMUBMUSD10Y, +0.60% picked up 2.2 basis points to 2.744%, while the 2-year note yield TMUBMUSD02Y, +0.16% added […]

February 1, 2019

The U.S. economy created nearly double the expected number of jobs in January, extending a robust pace set last year after President Donald Trump’s $1.5 trillion of tax cuts stimulated growth. Nonfarm payrolls climbed by about 304,000 in January, the […]

January 30, 2019

In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a “strong” U.S. economy, consumer confidence dropped, wholesale prices weakened, financial markets wobbled and home sales fell. Further afield, China tried to boost lending […]

September 20, 2018

Treasury yields pulled back slightly early Thursday trading ahead of data that will give the latest read on the labor and housing market’s health. The 10-year Treasury note yield TMUBMUSD10Y, +0.58% was down 0.9 basis point to 3.074%, but still […]

August 13, 2018

The U.S. stock market has been in a tight trading range for months, as investors await clarity on the uncertain state of the country’s relationship with its biggest trading partners. Trade is key issue investors are grappling with, and its […]