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US Economy |
Written by CEP News |
Aug 29 08 21:47 GMT |
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(CEP News) - The summer holidays are over and markets will receive major U.S. and Canadian data. North American markets will pay attention to the Bank of Canada interest rate decision as well as Friday's employment number. In the U.S., nonfarm payrolls and ISM manufacturing and services reports will be the highlight of the week. |
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US Economy |
Written by CEP News |
Aug 29 08 20:40 GMT |
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CEP News) - Markets are pricing in a 92% chance that the Federal Reserve will hold off on rate hikes for the next meeting planned for Sept. 16 as the Fed's preferred measure of inflation, the Personal Consumption Expenditures (PCE), rose in line with expectations. |
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US Economy |
Written by CEP News |
Aug 29 08 15:07 GMT |
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(CEP News) - The ISM-Chicago business barometer unexpectedly rebounded in August to its highest reading since June 2007, in part due to the overall export boom, some economists say. |
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US Economy |
Written by CEP News |
Aug 29 08 14:20 GMT |
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(CEP News) - There were few surprises in the Personal Consumption and Expenditure (PCE) report released Friday, though economists say the data all points to weaker third-quarter results. |
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US Economy |
Written by CEP News |
Aug 29 08 14:04 GMT |
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(CEP News) - According to the U.S. Institute for Supply Management (ISM), the Milwaukee manufacturing index slipped one point to 43 in August, compared to July's reading of 44. |
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US Economy |
Written by CEP News |
Aug 29 08 14:03 GMT |
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(CEP News) - The final consumer sentiment survey from Reuters and the University of Michigan received a small upward revision from preliminary estimates in August, with the headline indicator coming in at 63 compared to the preliminary 61.7 level. |
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US Economy |
Written by CEP News |
Aug 29 08 13:51 GMT |
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(CEP News) - The ISM-Chicago business barometer unexpectedly rebounded to 57.9 in August, led by advances in production and new orders. |
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US Economy |
Written by CEP News |
Aug 29 08 12:45 GMT |
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(CEP News) - The ISM-Chicago business barometer is expected to fall slightly in August despite unexpected strength in other regional reports. |
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US Economy |
Written by CEP News |
Aug 29 08 12:35 GMT |
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(CEP News) - The Federal Reserve's preferred measure of inflation, the personal consumption expenditures (PCE) core deflator, advanced by 0.3% (0.273%) in July, in line with expectations and contributing to a year-over-year change of 2.4% (2.426%), according to a report released by the U.S. Department of Commerce on Friday morning. |
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US Economy |
Written by CEP News |
Aug 29 08 11:39 GMT |
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(CEP News) - Economists say July's PCE report from the U.S. Department of Commerce is likely to show personal spending was weaker compared to June's robust data as the effects of the federal stimulus cheques taper off. |
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US Economy |
Written by CEP News |
Aug 29 08 05:49 GMT |
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(CEP News) - Key sentiment indicators for the euro zone, along with the unemployment rate and flash estimates for August HICP, are the main focus of the European session as Canadian markets prepare for GDP data. Meanwhile in the U.S., markets will receive the personal income and spending report followed by the ISM-Chicago PMI. |
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US Economy |
Written by CEP News |
Aug 28 08 22:26 GMT |
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(CEP News)-Thursday is a heavy day for data in Japan with the release of Tokyo and national CPI, household spending, unemployment, industrial production and retail trade. |
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US Economy |
Written by CEP News |
Aug 28 08 22:22 GMT |
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(CEP News) - A major data release scheduled for Friday is the euro zone unemployment rate for July. No change is expected to June's 7.3% reading. |
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US Economy |
Written by CEP News |
Aug 28 08 22:22 GMT |
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(CEP News) - A major data release scheduled for Friday is the euro zone unemployment rate for July. No change is expected to June's 7.3% reading. |
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US Economy |
Written by CEP News |
Aug 28 08 21:58 GMT |
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(CEP News)- Markets will be eager to receive second quarter Canadian GDP figures, which are expected to show a 0.1% rise following a 0.1% decline from the previous month. In the U.S., markets will be focused on the Commerce Department's personal income and spending report for July as well as the Chicago Purchasing Managers index for August. |
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US Economy |
Written by CEP News |
Aug 28 08 20:34 GMT |
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(CEP News) - M1 money supply fell $16.3 billion in the week ending Aug. 27, while M2 fell $10.5 billion, according to figures released by the Federal Reserve Thursday. |
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US Economy |
Written by CEP News |
Aug 28 08 20:17 GMT |
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(CEP News)- Thursday saw strong second quarter U.S. GDP results and an initial jobless claims report in line with forecasts, while Fed Funds Futures expectations for a rate hold slipped to 88% for the upcoming meeting scheduled for Sept 16. |
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US Economy |
Written by CEP News |
Aug 28 08 19:55 GMT |
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(CEP News) - The ISM-Chicago business barometer is expected to fall slightly in August despite unexpected strength in other regional reports. |
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US Economy |
Written by CEP News |
Aug 28 08 19:52 GMT |
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(CEP News) - After crossing Jamaica with near-hurricane force, Tropical Storm Gustav will grow into a major storm and head toward Louisiana, a private forecaster said Thursday. |
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