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How resilient profit margins are silencing doubters

Recent market gains can be attributed to the outlook for earnings growth. And some of that expected earnings growth can be attributed to what’s arguably the most unexpected development in the corporate world over the past two years: The resilience of profit margins.

United statesNew yorkSaudi arabiaCarl quintanillaBofa savita subramanianJoe bidenBloomberg matthew boeslerViktor hjortDonald trumpLos angelesBureau of economic analysisSp global august servicesUs census bureauMortgage bankers association joel kanFederal reserveMatthew boesler

EUR/USD Weekly Forecast: ECB monetary policy decision and US CPI coming up next

The EUR/USD pair extended its decline to sub-1.0700 this past week, as financial markets remained risk averse, while the US Dollar began showing signs

United statesNew yorkJohn williamsEuropean central bankEuro zoneUnited states consumer price indexSsentix investor confidenceFactory ordersIndustrial productionAugust servicesDomestic productNonfarm payrollsJobless claimsNonfarm productivityUnit labor costsCentral bank

Forex Today: US Dollar jumps, Oil soars and Gold tumbles; Australia GDP next

Important economic events for the day include the release of Australia's Q2 GDP numbers. German Factory Orders and Eurozone Retail Sales data are due.

Saudi arabiaUnited statesEuropean central bankFactory ordersEurozone retail salesAugust servicesCanadian dollarReserve bank

August Jobs Prints at 187,000 New Jobs, but Another 110,000 Downward Revisions?

August Jobs Prints at 187,000 New Jobs, but Another 110,000 Downward Revisions?
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New yorkUnited statesJoe bidenJerome powellBarack obamaJack welchJohn crudeleMitt romneyServices index forFederal reserveBureau of labor statisticsLabor turnover surveyMarket committee in septFederal reserve bankLabor departmentNew york post

Services PMI® at 56 9%; August 2022 Services ISM® Report On Business®

/PRNewswire/ Economic activity in the services sector grew in August for the 27th month in a row with the Services PMI® registering 56.9 percent say the.

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