Euroland unemployment and PPI
Inflation Up, Unemployment Down, and a Beige Book Report that Won’t Impede Fed Tapering
December 2, 2021
In overnight market developments, the price of WTI oil plunged over 4% to a 3-1/2 month low of $62.42 per barrel following the cartel’s decision to retain production increases that are to take effect next month, but that drop has been almost entirely reversed as the price moved back above $65. The dollar fell 0.4% […] More
Awaiting U.S. Data as America’s Covid Outbreak Gathers Steam
July 2, 2020
With the U.S. Independence Day weekend kicking off tomorrow, a slew of data will be released today featuring the monthly employment situation report and including the trade balance, factory orders, New York regional PMI, and weekly jobless insurance claims. The holiday weekend also presents a huge risk regarding the U.S. Covid-19 crisis. There have been […] More