Commentary
Add as a preferred source on GoogleUS March retail sales data will help to gauge whether a spring rebound is on the cards. Private consumption data in January-February disappointed, partly due to the poor weather, but also because of US consumers' relucta…
US March retail sales data will help to gauge whether a spring rebound is on the cards. Private consumption data in January-February disappointed, partly due to the poor weather, but also because of US consumers' reluctance to spend gas-pump savings (preferring to pay down debt).
"We forecast paltry Q1 growth of 1.0% q/q SAAR, rebounding to 3.0% in Q2. We see March's core CPI inflation remaining tepid, supporting the Fed's prudent stance", Said Standard Chartered in a report on Friday
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…
