US: Employment Cost Index rises by 1% in Q4 vs. 1.1% expected
Employment Cost Index in the US rose less than expected in Q4. US Dollar Index
US: CB Consumer Confidence declines to 107.1 in January
Consumer confidence in the US weakened modestly in January. US Dollar Index posts small daily
US: GDP surprised to the upside in Q4 – UOB
Senior Economist at UOB Group Alvin Liew reviews the latest US GDP figures during the
US: Durable Goods Orders rise by 5.6% in December vs. 2.5% expected
Durable Goods Orders in the US grew at a stronger pace than expected in December.
US: NY Fed Empire State Manufacturing Index slumps to -32.9 in January vs. -4.5 expected
NY Fed Empire State Manufacturing Index dropped sharply in December. US Dollar (USD) holds steady
USD exchange rates will not have to remain as firmly anchored until US inflation data – Commerzbank
EUR/USD has hardly moved at all since Monday night. That does not necessarily mean that
Risk assets only partially reflect the better recent news on US inflation – Goldman Sachs
Goldman Sachs (GS) recently came out with its take on the recently easing inflation signals
US: Manufacturing is slowing, price pressure is abating – Wells Fargo
The ISM Manufacturing report for December showed activity continues to slow. Analysts at Wells Fargo
Calendar picks up pace with US Manufacturing ISM and FOMC Minutes – Societe Generale
Analysts at Societe Generale note that the US Dollar stages a broad retreat early Wednesday
US: JOLTS Job Openings little changed at 10.45 million in November
Job openings in the US declined margianlly in November. US Dollar Index continues to rise