US Import Prices Fall at Record Pace, Continuing Jobless Claims Climb to Fresh 26-Year High
US Import Prices Fall at Record Pace, Continuing Jobless Claims Climb to Fresh 26-Year High
The US dollar has pulled back slightly this morning in light of the release of US economic data that suggests the Federal Reserve will indeed cut rates aggressively next week. First, the US import price index fell by the most since […]
Japanese Core Machinery Orders Fall From Previous Month’s Reading
Japanese Core Machinery Orders Fall From Previous Month’s Reading
Japanese Core Machinery Orders Actual -4.4%, Expected -3.9%, Previous 5.5%
Release Explanation: This release measures the value of new machinery orders with manufacturers. Japan is a manufacturing and exporting giant and therefore these numbers impact the overall view of how that side of the economy is fairing. When […]
Swiss Leading Indicator Fall as Pessimistic Growth Outlook
Swiss Leading Indicator Fall as Pessimistic Growth Outlook
Switzerland’s leading KOF indicator dropped to the lowest level in at least five years. The indicator predicts the economy’s direction about six month ahead fall to -0.05 from revised 0.28 reading in October and far below economists expected of 0.20. This is the first time the KOF index […]