Insights
Last week, U.S. stock market sectors experienced volatility, resulting in a slight 0.03% decline in the S&P 500 Index, ending its six-week winning streak. In the bond market, better-than-expected U.S. economic data led to increases in the yields of 2-year and 10-year U.S. Treasury bonds by 15.7 ...
Insights
U.S. economic activity remained stable across most regions, according to the Beige Book released by the Federal Reserve on October 23, and it lowered market expectations for further rate cuts. A survey conducted by the 12 Federal Reserve Banks showed that economic activity was flat in most region...
Insights
The U.S. initial jobless claims have decreased last week, while continuing claims have reached their highest level in nearly three years, potentially reflecting increased difficulty for workers in finding new employment. The U.S. initial jobless claims for the previous week were 227,000, a decrea...
Insights
U.S. existing home sales in September fell by 1% month-on-month and 3.5% year-on-year to 3.84 million units, near a 14-year low, according to data released by the National Association of Realtors (NAR). Read more at Datatrack The existing home inventory increased by 1.5% in September t...
Insights
According to data released by the U.S. Census Bureau on October 17, U.S. retail sales remained strong in September. Retail sales increased by 0.4% month-over-month, exceeding both the previous month’s 0.1% growth and the market expectation of 0.3%. Breaking down the details, 10 out of 13 major ...