Market Pulse - Usa
US foreign trade deficit narrows unexpectedly in July
America's shortfall in trade with the rest of the world shrank last month as exports picked up.
ISM manufacturing PMI improves unexpectedly in August
Activity in American manufacturing accelerated unexpectedly last month, the results of perhaps the most closely-followed survey for the sector revealed.
US jobs growth slows sharply as Delta rolls across country
Hiring in the US slowed sharply last month as the Delta variant of Covid-19 rolled across the country, particularly in the Southeast.
JP Morgan sees stocks climbing 'wall of worry'
Equity strategists at JP Morgan remained positive on the future direction of stock markets, telling clients that they were set to continue climbing the proverbial 'wall of worry'.
US producer prices pushed higher by food and transportation
US wholesale prices rose as expected last month amid higher prices for food and transportation.
US and Chinese presidents hold first direct contact since February
The US and Chinese presidents held their first direct conversations since February overnight on Thursday.
JP Morgan constructive on equities but expects cyclicals to lead into year-end
Equity strategists at JP Morgan remained "constructive" on equities, but predicted that leadership in the stock market would shift towards cyclicals going into year-end.
US core CPI slows more quickly than expected in August
Consumer level inflation in the US slowed more quickly than expected last month as the Delta variant of Covid-19 took its toll on travel-related sectors, including airlines and hotels.
Empire State index bounds past forecasts in September
Manufacturing activity in the jurisdiction of the Federal Reserve Bank of New York surged in September, according to the results of a closely-followed survey.
US industrial production edges past forecasts in August
Industrial production in the US edged pasts forecasts last month on the back of higher output from factories and utilities.
Weekly US jobless claims surprise to the upside
Initial US jobless claims rose unexpectedly during the previous week.
US retail sales jump past forecasts in August
American consumers retrenched less than feared last month despite the impact from the Delta variant of Covid-19.
Manufacturing in US Northeast dodges Delta impact in September, Philly Fed says
Manufacturing conditions in the US mid-Atlantic region exceeded forecasts by a wide margin in September, the results of a closely-followed survey revealed.
Tinder CEO to take top job at Yahoo
Dating platform operator Tinder revealed on Friday that chief executive officer Jim Lanzone was leaving the business in order to take over the top job at Yahoo.
US housing starts and building permits grow in August
US housing starts and building permits both grew last month, driven by a surge in the Northeast region.
US existing home sales decline in August
Existing home sales fell in August, with supply remaining constrained and prices accelerating further.
US initial jobless claims come in worse than expected at 351,000
Jobless claims grew to their highest level in almost a month in the week ended 18 September, according to the Labor Department.
Google appeals 500m euro fine from French regulator
Google lodged a court appeal against the fine imposed by the French Competition Authority roughly two months before.
Facebook questions CMA's authority in response to Giphy probe
Facebook has questioned the authority of the UK’s competition watchdog, in a letter published on Wednesday responding to concerns around its completed purchase of animated image sharing platform Giphy.
Irish regulators fine WhatsApp €225m for breaches of privacy
Ireland has fined Facebook's WhatsApp division a record €225. 0m for breaches of privacy after the EU's privacy watchdog pressured the nation to take a tougher stance on the matter and bigger penalties.