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news news
- Michigan Consumer Sentiment Drops To 66.4, Exceeding Analyst Expectationsby Vladimir Zernov on July 26, 2024 at 2:18 pm
Long-run inflation expectations remain unchanged at 3.0%.
- Fed’s Key Inflation Measure Matches Estimatesby James Hyerczyk on July 26, 2024 at 12:53 pm
Fed’s key inflation gauge aligns with expectations. PCE index rose 2.5% YoY in June, hinting at potential September rate cut. Market outlook cautiously optimistic.
- EIA Natural Gas Storage Build Of +22 Bcf Exceeds Analyst Expectationsby Vladimir Zernov on July 25, 2024 at 2:50 pm
Natural gas prices are moving towards multi-week lows as traders react to the bearish EIA report.
- US Economy Surges: GDP Growth Hits 2.8% in Q2by James Hyerczyk on July 25, 2024 at 12:45 pm
GDP growth and labor market show resilience. Mixed durable goods and rising jobless claims average require ongoing scrutiny.
- Crude Inventories Decline By 3.7 Million Barrelsby Vladimir Zernov on July 24, 2024 at 2:52 pm
Gasoline inventories decreased by 5.5 million barrels, missing analyst expectations.