Market Pulse - Usa
Fed's Daly sees rates rising to 4.75-5.25 per cent before holding
A top US central bank official said that official short-term interest rates would need to rise by at least one more percentage point - possibly more - before policymakers could pause to take stock of the situation.
US industrial production misses forecasts due to drag from construction and materials
US industrial production undershot forecasts by a wide margin, amid declines in Mining and Utilities output.
US import prices fall by a bit less than expected in October
The cost of imported goods in the States fell by a bit less than expected last month, for a fourth consecutive monthly decline.
US retail sales rebound by more than expected in October
US retail sales grew more quickly than anticipated in October.
US open: Stocks trade slightly lower amid data onslaught
Wall Street stocks were in the red early on Wednesday as market participants digested a number of key data points.
Target Q3 profits fall more than 50% YOY
US retailer Target posted a more than 50% drop in third-quarter profits on Wednesday ahead of the all-important holiday trading period, leading the company to lower expectations for the final twelve weeks of the year.
US pre-open: Futures trade flat ahead of retail sales report
Wall Street futures were little changed ahead of the bell on Wednesday prior to the open as market participants await the release of the Census Bureau's retail sales report.
US President says unlikely that missile that hit Poland fired from Russia
The US President said overnight that it was unlikely that a Russian-made missile that impacted on Polish soil, killing two persons, was fired from Russia.
US close: Stocks register modest gains following softer-than-expected PPI reading
Wall Street stocks closed higher early on Tuesday as market participants digested another key inflation report.