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...
Insights
The U.S. Department of Labor released the unemployment insurance weekly claims report on August 22. Initial claims for unemployment benefits for the previous week were 232,000, an increase of 4,000 from the revised figure of the prior week. The four-week moving average was 236,000, a decrease of 75...
Insights
The University of Michigan released its Consumer Sentiment Index on August 16th, showing a preliminary reading of 67.8 for August, up slightly by 1.4 points from 66.4 in the previous month. The report indicates that with Kamala Harris replacing Joe Biden as the Democratic presidential nominee, confi...