EUR/USD Drops as Eurozone PMI Hits 48.9, Signaling Escalating Recession Fears
Eurozone PMI contracts to 48.9 in September, signaling an economic slowdown in both services and manufacturing. Is a deeper recession
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James Hyerczyk
23:44
August PPI Rises 0.2%, Core PPI Exceeds Expectations at 0.3%
Inflation persists as August PPI beats forecasts. Rising service costs and a strong labor market shape a bearish outlook for
James Hyerczyk
07:21
US Economy Surges: Q2 GDP Hits 3.0%, Consumer Spending Booms, Job Market Strong
US economy accelerates: Q2 GDP growth hits 3.0%, beating expectations. Consumer spending and inventory investment drive expansion. Job market remains
James Hyerczyk
14:24
U.S. Durable Goods Surge in July Led by Transportation
Durable goods orders jump 9.9% in July, far exceeding expectations; transportation drives the surge, core goods dip 0.1%, while stocks
James Hyerczyk
22:22
Powell’s Jackson Hole Speech Takes Center Stage as Markets Brace for Impact
Powell expected to acknowledge progress in cooling inflation while maintaining data-dependent stance on future policy actions...
James Hyerczyk
22:22
Initial Jobless Claims Rise Less Than Expected; Continuing Claims Highest Since 2021
U.S. jobless claims rise to 232K, indicating potential labor market cooling. Insured unemployment holds steady, but continued claims hit 2021
