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How Durable Is the US Economic Recovery?
While the medical risks are rising, the economic recovery continues to move forward. Consumer confidence and spending, an area of concern, have shown better data, which is encouraging. Financial markets have also ticked back up, although recent volatility suggests risks remain. Let’s take a look at the details. Pandemic Growth Rate Continues to Rise Growth rate. At the national level, as of October 14, the daily spread rate was 0.7 percent per day, the same as the previous week. But during the week, the average growth level was higher. The upward variability in the spread rate suggests that the faster outbreaks in ... (full story)
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From westpaciq.westpac.com.au|Oct 16, 2020Next Friday’s release is likely to show a moderate, largely seasonal increase in consumer prices over the September quarter. We’re expecting a 0.9% increase for the quarter, which ...
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From westpaciq.westpac.com.au|Oct 16, 2020I had expected that the events this week would be highlighted by the stunning 11.9% surge in the Westpac-Melbourne Institute Consumer Sentiment Index. That was not the case. RBA ...
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From stlouisfed.org|Oct 16, 2020Many of the key indicators used to measure regional economic conditions are released monthly or quarterly, making them potentially appear outdated by the time they’re available. A ...
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From cftc.gov|Oct 16, 2020At its open meeting today, the Commodity Futures Trading Commission approved three final rules, including one regarding position limits for derivatives, completing the ...
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From go.monetamarkets.com|Oct 16, 2020The EURUSD came under pressure breaking down from a bear flag formation. Currently, the pair is sitting on support at 1.1700. The risk-off flows seen during yesterday’s trading ...
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From @LiveSquawk|Oct 16, 2020|23 commentstweet at 2:59am: UK ForMin Raab: Brexit Trade Deal ‘Depends On The Other Side’ - Sky - EU Wants UK Fisheries To Be Under EU Rules - Close To A Deal
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- Posted: Oct 16, 2020 2:01am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,235
