US: Despite Broader Growth Concerns, Service Sector Improves
Summary The services ISM notched a modest gain in August, quelling for now concerns about […]
US Labour Market: Normalisation, Not Recession
Fresh signs of a cooling labour market are boosting confidence in the Fed’s policy turnaround […]
ISM Shows Services Sector Continued to Grow in August
The ISM Services index was virtually unchanged in August, coming in at 51.5 from 51.4 […]
US ISM Services ticks up to 51.5 in Aug, continued modest growth
US ISM Services PMI edged higher in August, ticking up from 51.4 to 51.5, in […]
US initial jobless claims falls to 227k vs exp 233k
US initial jobless claims fell -5k to 227k in the week ending August 31, lower […]
US ADP employment misses expectations with only 99k jobs added in Aug
ADP report revealed that US private employment grew by 99k in August, falling short of […]
Loss of Interest Rate Support Weighed on Dollar
Markets Yesterday’s JOLTS report was yet another perfect illustration of market’s high sensitivity to the […]
Another Day with US Labour Market Data on the Menu
In focus today The US ISM Services index is due for release for August in […]
Fed’s Daly to assess upcoming data before finalizing rate cut size
In an interview with Reuters, San Francisco Fed President Mary Daly acknowledged that a rate […]
Fed’s Beige Book signals slowdown with widespread stagnation across districts
Fed’s latest Beige Book report highlights a growing economic slowdown across the US. While economic […]
Stocks Could Suffer After the September Fed Rate Cut
US labour market data to determine the size of the first Fed rate cut History […]
Fed’s Goolsbee signals multiple rate cuts as labor market weakens
In an interview with MarketWatch, Chicago Fed President Austan Goolsbee indicated that the current economic […]