EF: MARKETS-MACROMATURES

US heading for shallow recession, no respite yet from rate hikes: Reuters poll

US heading for shallow recession, no respite yet from rate hikes: Reuters poll

BENGALURU, Dec 9 (Reuters) – The U.S. economy is heading for a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the Federal Reserve to US opts for a lower interest rate hike of 50 basis points in December. 14. The Fed still has at least half …

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US labor market shrugs off recession fears;  keeps the Fed on a tightening path

US labor market remains tight despite continued claims hitting 10-month high

Weekly jobless claims rise by 4,000 to 230,000 Continuing claims rise by 62,000 to 1.671 million WASHINGTON, Dec 8 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, indicating a still tight and strong labor market despite growing fears of a recession as the Reserve federal government is …

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Analysis: Investors look to emerging markets as planets align for end of dollar bull market

Analysis: Investors look to emerging markets as planets align for end of dollar bull market

NEW YORK, Dec 6 (Reuters) – As the U.S. dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be the big winners from a sustained reversal in the greenback. The MSCI International Emerging Market Currency Index (.MIEM00000CUS) is up nearly 5% from its lows and posted its best monthly gain in …

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The US service industry is picking up;  factory orders are accelerating

The US service industry is picking up; factory orders are accelerating

Activity in the services sector picks up in November Employment rebounds; supplier deliveries are improving Factory orders rise 1.0% in October WASHINGTON, Dec 5 (Reuters) – U.S. service-sector activity unexpectedly accelerated in November, with employment rebounding, offering further evidence of underlying economic dynamics. economy as it prepares for an anticipated recession next year. Monday’s Institute …

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US labor market shrugs off recession fears;  keeps the Fed on a tightening path

US labor market shrugs off recession fears; keeps the Fed on a tightening path

Non-farm payrolls increase by 263,000 in November Unemployment rate stable at 3.7%; turnout drops The average hourly wage increases by 0.6%; up 5.1% year-on-year WASHINGTON, Dec 2 (Reuters) – U.S. employers hired more workers than expected in November and raised wages, ignoring growing fears of a recession, but that is unlikely to stop the Federal …

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US Job Openings Fall in October;  labor market still tight

US Job Openings Fall in October; labor market still tight

Job postings fall by 353,000 to 10.3 million in October Third-quarter GDP growth revised to 2.9% from 2.6% Consumer, business and export spending matters for upgrading Goods trade deficit widens 7.7% in October WASHINGTON, Nov 30 (Reuters) – U.S. job vacancies fell in October but remained significantly elevated, indicating continued resilience in the labor market …

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US weekly jobless claims at 3-month high;  resilient capital expenditure

US weekly jobless claims at 3-month high; resilient capital expenditure

Weekly jobless claims increase from 17,000 to 240,000 Continuing claims rise by 48,000 to 1.551 million Core capital goods orders rebound 0.7% in October Shipments of basic capital goods jump 1.3% WASHINGTON, Nov 23 (Reuters) – The number of Americans filing new claims for unemployment benefits hit a three-month high last week amid rising tech …

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NY Fed: Bank liquidity could be tighter than expected, with policy implications

NY Fed: Bank liquidity could be tighter than expected, with policy implications

Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as bountiful as many now believe, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a document from the Federal Reserve Bank of New York announced on Friday. …

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First TVs, now tortillas: US companies set minimum prices to end discounts

First TVs, now tortillas: US companies set minimum prices to end discounts

NEW YORK, Nov 17 (Reuters) – Makers of everything from toys to tortillas are increasingly setting minimum prices on their products to maintain profits and limit price cuts as retailers like Walmart Inc (WMT. N) and Amazon.com Inc (AMZN.O) are trying to corner online sales. As a result, shoppers are enjoying fewer discounts on everyday …

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