Cryptocurrencies News

U.S. jobless claims surge to 242K as GDP growth cools to 2.3%. Durable goods orders rebound, but markets brace for labor market softness. More insights inside!

U.S. new home sales fell 10.5% in January, with rising inventories hitting 9 months’ supply. Traders should brace for a bearish housing market outlook.

U.S. house prices rose 4.5% in Q4 2024 (FHFA HPI) and 3.9% in December (S&P CoreLogic). Limited inventory keeps the market cautiously bullish with regional plays.

Consumer sentiment tumbles 9.8% in Feb as inflation fears grow. Housing sales dip 4.9%, while mixed regional trends signal caution for traders.

Germany’s PMI rises to 51.0, driven by steady services growth and easing manufacturing drag. Caution ahead as tariff risks and geopolitical concerns linger.

U.S. jobless claims hit 219K, labor market holds firm. Philly Fed shows slower manufacturing growth as inflation pressures persist. Market outlook cautious

Producer prices rose 0.4% in January, with energy and food costs surging. Persistent inflation may delay Fed rate cuts, impacting market expectations.

U.S. jobless claims surged to 219K, exceeding forecasts. Rising layoffs and weak productivity could impact Fed policy and weigh on the U.S. dollar.

Private payrolls surged by 183K in January, surpassing forecasts. Strong hiring in services offsets manufacturing job losses. Fed policy moves remain in focus.

Core PCE inflation held at 2.8% in December, keeping it above the Fed’s 2% target. Will sticky prices delay the central bank’s next rate move?

U.S. GDP growth slowed to 2.3% in Q4, weighed down by weak investment. Inflation ticked higher, while jobless claims fell, signaling a resilient labor market.

With inflation still elevated, the Fed pauses rate cuts. Powell stresses a data-driven approach, leaving traders uncertain about the next policy move.

Durable goods orders fell 2.2% in December, led by a 7.4% drop in transportation. Excluding transportation, orders rose 0.3%, signaling mixed resilience.

Trump’s tariff flip-flop adds uncertainty to US-China trade relations, impacting Mainland China’s equity markets.

Manufacturing rebounds with PMI at 50.1, while services slow sharply to 52.8. Inflation rises, keeping Fed policy in focus for traders.

US jobless claims rise to 223,000 as continuing claims hit 3-year high at 1.9M. Labor market shows signs of cooling amid rising unemployment across key industrial states.

U.S. retail sales rose 0.4% in December, hitting $729.2B, while initial jobless claims climbed to 217K, reflecting mixed signals for the economy.

December CPI rises 0.4%, annual inflation hits 2.9%. Core inflation eases to 3.2%, while energy surges 2.6%, fueling market debates on Fed’s next steps.

U.S. payrolls grew by 256K in December, beating forecasts, as unemployment held at 4.1%. Health care and retail saw notable job gains.

Tech Leads 2024 Job Cuts: Despite 20% fewer layoffs vs. 2023, tech remains the top sector for cuts, followed by spikes in education, utilities, and government.