Market Pulse - Currencies
No evidence yet of 'inflationary psychology', University of Michigan says
Consumer confidence in the US picked up a tad in late February, but middle-income families were not overly confident regarding the prospects for a quick rebound in the economy, findings from a key survey revealed.
US personal incomes and spending surge as stimulus checks arrive
Americans splashed out at the start of 2020 as government stimulus checks began arriving in their mailboxes.
Federal Reserve's Powell says monetary policy will remain 'accommodative'
The head of the US central bank said policy would remain "accommodative" until labor market slack had been absorbed, potentially pointing to an extended period of low interest rates.
US existing home sales edge past forecasts in January
Second-hand sales of homes edged past forecasts last month.
BoE's Vlieghe makes case for negative rates if more stimulus is needed
A top Bank of England official will make the case for moving to negative interest rates if necessary.
US housing starts slump in January, miss forecasts
Homebuilders in the US broke ground on fewer homes than expected in January.
US import prices jump past forecasts in January
Import prices jumped past forecasts at the start of 2021, led by rising energy prices.
Philly Fed index stays above forecasts in February
Manufacturing activity in the US mid-Atlantic region continued to grow at a brisk pace in February, the results of a closely-watched survey revealed.
Weekly US jobless claims jump past forecasts
Weekly jobless claims data in the US covering the latest week came in well ahead of economists' forecasts.
US industrial output and capacity use beat forecasts in January
Industrial production in the US grew slightly more quickly than anticipated in January, helped by the ongoing rebound in the oil patch, although the output of many goods including energy, remained below their year-earlier levels still.
US final demand prices jump past forecasts in January
Wholesale inflation rose more quickly than expected at the start of 2021 on the back of a jump in energy and services prices.
US retail sales rocket in January
Retail sales volumes in the US shot higher last month with across the board strength in all categories.
Euro area GDP shrinks by a bit less than expected in Q4 2020
The euro area economy shrank by a tad less than feared at the end of 2020, revised data showed.
Brent at 13-month high on hopes for US stimulus and vaccine rollouts
Investors continued to bid crude oil prices higher at the start of the week, on the back of continued hopes for an easing of Covid-19 lockdowns around the world and of fiscal stimulus in the US.
US CPI falls short of forecasts in January as vehicle prices drag
Inflation at the consumer level in the States undershot economists' forecasts last month amid the drag from falling vehicle prices.
US job openings and 'quits' rate rise in December
US companies hired fewer people at the end of 2020, but in a slightly positive omen for the economy, the number of job openings increased.
Weekly US jobless claims dip
US jobless claims continued slipping lower over the previous week, hitting a nine-week low, albeit while remaining at exceedingly elevated levels.
US services sector activity picks up in January as outlook brightens -ISM
Growth in America's services sector picked up unexpectedly at the start of the year, driven by higher new orders and employment, according to the results of a closely-followed survey.