Page 127 - Philly Fed News Today

ASX to drop, Wall St mixed, oil leaps Save Share Australian shares are set to open lower, delaying a potential record high reset, as US stocks pulled back even as major banks there far exceeded earnings expectations. Oil was bolstered by a bright demand outlook. ASX futures were down 38 points or 0.6 per cent to 6955 near 7am AEST. In contrast, the currency rallied 1.1 per cent to top US77¢. The yield on the US 10-year note edged up 2 basis points to 1.63 per cent near 5pm in New York. While...

; S&P 500 SPX Week Ahead: Bears hibernate as records keep getting smashed, earnings season awaitsNEWS | 4/9/2021 9:34:32 PM GMT | By Ivan Brian Equity markets continue to set new records as the Nasdaq plays catch up. Fundamentals are backing bulls as Fed doves dampen inflation concerns. Earnings week ahead will likely add more fuel to the fire. Another week another record-shattering performance from US equities. All sectors remain strong but mega-cap te...

The key reports this week are March housing starts, CPI and retail sales. For manufacturing, the March Industrial Production report and the April NY and Philly Fed manufacturing surveys will be released this week. ----- Monday, Apr 12th ----- ----- Tuesday, Apr 13th ----- Small Business Optimism Index for March. 8:30 AM: The Consumer Price Index for March from the BLS. The consensus is for 0.5% increase in CPI, and a 0.2% increase in core CPI. ----- Wednesday, Apr 14th ----- mortgage purchas...

This story features CHALLENGER LIMITED, and other companies. For more info SHARE ANALYSIS: CGF For a more comprehensive preview of next weeks events, please refer to "The Monday Report", published each Monday morning. For all economic data release dates, ex-div dates and times and other relevant information, please refer to the FNArena Calendar . By Greg Peel Wall Street went a bit quiet this week although the trend remained steadily upward. The mood might change next week when the March quarte...

The New York Feds Weekly Leading Index (WLI) improved mostly due to the economic sharp deterioration which occurred one year ago. This index recovery is improving based on the 13-week rolling average. Analyst Opinion of the Weekly Leading Index This data set should be considered a high-frequency coincident indicator on a par with the Aruoba-Diebold-Scotti Business Conditions Index produced by the Philly Fed - and both show conditions caused by the coronavirus pandemic are already worse than the...

The key reports this week are February Retail Sales and Housing Starts. For manufacturing, the February Industrial Production report and the March NY and Philly Fed manufacturing surveys will be released. The FOMC meets this week, and no change to policy is expected. ----- Monday, Mar 15th ----- 8:30 AM: The New York Fed Empire State manufacturing survey for March. The consensus is for a reading of 14.5, up from 12.1. 10:00 AM: ----- Tuesday, Mar 16th ----- 8:30 AM: Retail sales for Februar...

Written by Steven HansenThe New York Feds Weekly Leading Index (WLI) continues to show an economy that is just above the worst seen during the Great Recession. This index recovery stalled based on the 13-week rolling average.

The New York Feds Weekly Leading Index (WLI) continues to show an economy that is just above the worst seen during the Great Recession. This index recovery stalled based on the 13-week rolling average. Analyst Opinion of the Weekly Leading Index This data set should be considered a high-frequency coincident indicator on a par with the Aruoba-Diebold-Scotti Business Conditions Index produced by the Philly Fed - and both show conditions caused by the coronavirus pandemic are already worse than th...

The S&P 500 and Nasdaq 100 both posted their fourth straight day of losses on Friday. But the former remains supported above 3900 as the macro

Read more about US Stocks fall on profit booking on Business Standard. At the close of trade, the Dow Jones Industrial Average index declined 119.68 points, or 0.38%, to 31,493.34. The S&P500 index fell 17.36 points, or 0.44%, to 3,913.97. The tech-heavy Nasdaq Composite Index dropped 100.14 points, or 0.72%, to