Market Pulse - Currencies
Weekly initial jobless claims little changed, secondary claims drop sharply
First time jobless claims in the US were little changed during the latest week, but so-called continuing claims registered a large drop.
US non-farm payroll growth exceeds forecasts in July
Hiring in the US picked up last month, maintaining the nearly 1. 0m per month pace of gains seen in June.
US services PMI tops forecasts in July, but economists cautious
Activity in America's services sector accelerated by much more than expected, led by a pick up in output and new orders, especially in new export orders.
Week ahead: Jackson Hole, Global PMIs in the spotlight
The spotlight in financial markets over the coming week will be on the Federal Reserve's eagerly-awaited central banking symposium at Jackson Hole, Wyoming, on Friday.
Fed's Powell says Covid-19 will be with us 'for a while'
The head of the Federal Reserve said that Covid-19 was likely to be with us "for a while".
Week ahead: Non-farm payrolls in focus; Barratt, Melrose earnings due
The corporate and macroeconomic calendars will start to pick up again next week after the August lull, culminating in the US jobs report at the end of the week.
US durable goods orders dip in July
Orders in the US for goods made to last more than three years dipped last month, dragged down by a decline in demand for civilian aircraft.
US economy cools more sharply than expected in August, surveys indicate
US economic activity slowed more sharply than expected last month as the Delta variant of Covid-19 hit demand for services and supply chain disruptions hit record highs, the results of two closely-followed surveys revealed.
Fed's Kaplan says he may have to adjust his views
One of the more 'hawkish' US central bank officials said he might need to adjust his views on monetary policy should the Delta variant of Covid-19 drag on the economy too much.
UK public sector borrowing continues to undershoot forecasts by wide margin
Public sector borrowing continued to slow last month, undershooting forecasts by a wide margin, but nevertheless remained near record highs.
Philly Fed index slips as companies run down inventories
Manufacturing activity in the US mid-Atlantic region slowed in August as firms ran down their inventory levels, the results of a closely-followed survey revealed.
Weekly US jobless claims continue moving lower
Jobless claims in the US continued trending lower during the previous week, falling a bit more quickly than anticipated by economists.
Fed 'tapering' could start before year-end, meeting minutes show
A majority of the US central bank's top policymakers judged that the Federal Reserve would be able to slow its bond purchases later in 2021, the minutes of their last policy meeting revealed.
US industrial production bounds pasts forecasts in July
US industrial production accelerated sharply last month, led by gains in manufacturing of motor vehicles, business equipment and defence and space equipment.
US import prices rise by less than forecast in July
The price of goods purchased overseas rose by less than expected last month despite the higher cost of fuel imports.
China orders partial closure of world's third-largest container port
Chinese authorities closed the Meishan terminal at the Ningbo-Zhoushan container port overnight after a worker tested positive for Covid-19.
US producer prices rise more quickly than expected in July
US producer prices rose more quickly than anticipated last month due to the higher cost of energy and transportation.
Weekly US jobless claims decline as expected
Unemployment claims in the US slipped during the latest week with secondary claims again registering the largest decline.
Kaplan says Fed should start tapering asset purchases in October
One of the highest-ranking officials at the US central bank made the case on Wednesday for the Federal Reserve to start 'tapering' its asset purchases from October.
Fed's George backs start of tapering
A top US central bank official called for the Federal Reserve to start tapering its asset purchase programme.