Commentary / Economy
Add as a preferred source on GoogleCiti's economic surprise index for the United States has dipped below zero as the data continuously points to a slowdown in the economy. Manufacturing PMI, non-manufacturing PMI, Non-farm payroll report, all points to a …
Citi's economic surprise index for the United States has dipped below zero as the data continuously points to a slowdown in the economy. Manufacturing PMI, non-manufacturing PMI, Non-farm payroll report, all points to a slowdown in the month of August.
The real question is whether this is a temporary phenomenon or beginning of a fresh slowdown in economic activity. Lot many indicators are pointing to the increased possibility of a recession ahead.
Chart courtesy - Soberlook.com
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
