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Market Watch

Fri August 16, 2024
Yesterday’s Retail Sales data for July was a surprise to the upside, gaining 1% (and 18-month high) vs. a 0.4% estimate. When excluding autos [...]
Wed August 14, 2024
Headline yearly CPI for July was 2.9%, below the 3.0% estimate and yearly Core CPI (excludes food and energy) was 3.2%, matching the estimate. [...]
Tue August 13, 2024
Monthly Producer Prices (final demand output) for July were +0.1%, below the +0.2% estimate. The Services sector portion of PPI was -0.2%, led by [...]
Mon August 12, 2024
The U.S. economic calendar is quiet today but features some key data releases as the week progresses. The primary focus will be on Wednesday’s [...]
Thu August 8, 2024
U.S. Weekly Jobless Claims (for the week ending Aug 3rd) were 233k, nearly matching the 240k estimate. And the prior week’s tally was revised [...]
Tue August 6, 2024
While there is no unanimous reason for what sparked yesterday’s market meltdown, many are pointing to last Friday’s worse-than-expected jobs report. It wasn’t the [...]
Fri August 2, 2024
U.S. Nonfarm Payrolls were 114k for July, well below the 175k estimate. This is one of the lowest jobs gains tallies in over three [...]
Thu August 1, 2024
The FOMC left its overnight rate unchanged in yesterday’s policy announcement. Since no change was expected, the primary focus was on the statement itself [...]
Mon July 29, 2024
The dollar is starting the week higher vs. its G10 counterparts. The dollar index is +0.32% at 104.651 (its highest level since July 11th) [...]