MNI: US Consumers See Lower Inflation, Better Jobs - NY Fed
2 days ago · MNI (WASHINGTON) - U.S. consumers expect inflation will fall over the one-, three-, and five-year-horizons, according to the latest survey of consumer expectations from the Federal Reserve Bank of New York. Americans anticipate inflation over the next year will fall to 2.87%, the lowest level since October 2020.
OIL: Industry Data Shows US Crude Drawdown
21 hours ago · Bloomberg reported that US crude inventories fell 800k barrels last week, according to people familiar with the API data. Cushing saw a 1.9mn drawdown, while gasoline rose 300k and distillate 1.1k. The official EIA data is out later today.
MACRO ANALYSIS: MNI US Macro Weekly: Mixed Data Makes For …
Oct 11, 2024 · MNI is the leading provider. of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors.
MACRO ANALYSIS: MNI US Macro Weekly: Consumer Continues …
Oct 18, 2024 · MNI is the leading provider. of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors.
MNI US Macro Weekly: Relative Calm Before The Storm
Oct 25, 2024 · An important week ahead for US macro with Q3 releases for GDP, core PCE and ECI before October's likely messy NFP report. - MNI (LONDON) - Executive Summary. Initial jobless claims surprised lower but continuing claims stepped to fresh highs since Nov 2021. The combination supports anecdotal evidence that firms are slowing re-hiring rather than ...
7% M/M. It was also the fastest since April. In Y/Y terms, the Cleveland Fed median edged from 4.16% to a new recent low of 4.08% whilst the trimmed mean dipped from. 2% to 3.17% Y/Y for a new low since Jul 2021. The Atl Fed’s sticky core ex shelter held at 2.9% Y/Y for a second month having dropped in August to its.
STIR: Dovish Fed Pricing Shift On CPI, 20bp Cuts Priced For Next …
1 day ago · Soft unrounded core CPI data drives the initial dovish reaction in the short end, with the recent hawkish positioning trend probably factoring into the move as well.Fed Funds futures show 20bp of cuts for next month, 42bp through March, 60bp through June and 78bp through December ’25.That compares t...
EQUITIES: Financials, Tech Stabilization Underpin Broad Gains
Oct 16, 2024 · EQUITIES: Financials, Tech Stabilization Underpin Broad Gains. The Dow Jones led US equity gains Wednesday, rising 0.8% vs 0.5% rises in the S&P 500 and 0.3% in the NASDAQ. 9 of 11 GICS subsectors in the S&P 500 were in the green - Consumer Staples (-0.2%) and Communication Services (-0.4%) lagged.
MNI BRIEF: Collins Sees 'Additional' Fed Cuts, Data-Based
Oct 9, 2024 · Federal Reserve Bank of Boston President Susan Collins said Wednesday she sees a series of interest-rate decreases ahead as the central bank eases off of restrictive monetary policy, adding she would like to keep the U.S. economy and labor market roughly where they are today. "Preserving the current favorable economic conditions will require ...
BONDS: Little Changed, Light Local Calendar - Bonds & Currency …
Oct 14, 2024 · RBA-dated OIS pricing is little changed. A cumulative 6bps of easing is priced by year-end. The CBA’s household spending measure fell 0.7% m/m in September. Today, the local calendar is empty apart from the AOFM’s planned sale of A$100mn of the 0.25% 21 November 2032 Index-Linked bond.