News
A few weeks ago, Intel is said to be seeking assistance from the U.S. government, as CEO Pat Gelsinger reportedly turned to Commerce Secretary Gina Raimondo to emphasize the significance of U.S. chip manufacturing. Now here’s the latest development: according to a report by Bloomberg, the U.S. Hou...
Insights
The U.S. non-farm payroll data for August is set to be released on September 6. Ahead of that, the ADP employment report, often referred to as the "mini-NFP," was published on September 5. The report revealed that private-sector employment in the US rose by 99,000 jobs in August, significantly lo...
Insights
Summary: Manufacturing PMI slight uptick New orders and production sub-indices continue to decline Uneven demand recovery across sectors The U.S. manufacturing PMI showed a slight uptick in August, according to data released by the Institute for S...
Insights
As the unwinding of yen carry trades came to an end, the market returned to a more stable state, though it remains highly sensitive to economic data. The S&P 500's gains narrowed due to underperformance in some tech stocks, while it also faced the challenge of reaching new highs. Meanwhile, U.S....
Insights
The U.S. Consumer Confidence Index slightly increased in August, reaching 103.3, as reported by the Conference Board on August 27. This marks a small rise of 1.4 from the previous month. Both the Present Situation Index and the Expectations Index improved in August, indicating that consumers r...