Title: US Retail Sales Surge by 1% Surprising Analysts - What Does This Mean for Your Investments? US consumers are proving to be true shopping maniacs, as Commerzbank Head of
The latest data from the US Department of Labor shows a decline of 7,000 initial jobless claims in the week ending August 10, beating market expectations. The advance seasonally adjusted
July saw a remarkable increase in retail sales in the US, surpassing market expectations and painting a positive picture for the economy. According to the US Census Bureau, retail sales
The Federal Reserve Bank of Chicago President, Austan Goolsbee, expressed concerns about the labor market rather than inflation in a recent statement. Goolsbee highlighted the progress made on price pressures
Recent data shows that inflationary pressure in the US is easing, with consumer prices rising by 0.2% in July compared to June. This increase includes both overall prices and prices
Oil prices saw a slight uptick on Wednesday following a four-day winning streak. Traders were reassured by a significant drawdown of 5.2 million barrels reported by the US American Petroleum
The US Dollar (USD) is facing downward pressure as the US Dollar Index (DXY) drops in the European session, following a 0.50% decline the previous day. This decline comes after
The upcoming release of the US Consumer Price Index (CPI) data for July is expected to show a 2.9% year-over-year increase, slightly lower than June's 3% rise. Core CPI inflation
The US Dollar Index (DXY) continued its downward trend for the third consecutive day as investor sentiment remained positive in the risk-linked complex. All eyes are now on the upcoming
The latest data from the US Bureau of Labor Statistics revealed that the Producer Price Index (PPI) for final demand in the US increased by 2.2% on a yearly basis