US: Retail Sales decline by 1.1% in July vs. -0.2% expected
Retail Sales in US fell at a stronger pace than expected in July. US Dollar
US: Industrial Production expands by 0.9% in July vs. 0.4% expected
Industrial Production in US expanded at a stronger pace than expected in July. US Dollar
Look for a well below consensus drop in US Retail Sales – JP Morgan
JP Morgan came out with downbeat forecasts of the US Retail Sales for July, scheduled
US: NY Empire State Manufacturing Index slumps to 18.3 in August vs. 29 expected
NY Empire State Manufacturing Index fell more than expected in August. US Dollar Index stays
US: NY Fed’s GDP Nowcast rises to 3.8% for Q3 after this week’s data
The US economy is expected to grow by 3.8% in the third quarter of 2021,
US: Retail sales likely slowed to 0.1% in July – Wells Fargo
Among the key economic reports to be released next week in the US is July’s
US: Weekly Initial Jobless Claims decline to 375K as expected
Weekly Initial Jobless Claims in US declined by 12,000. US Dollar Index continues to move
Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition
Anna Eshoo has urged the House to amend the language in the controversial infrastructure bill.
US: Annual PPI rises to 7.8% in July vs. 7.3% expected
Annual PPI in US rose at a stronger pace than expected in July. US Dollar
US 10-year yields to post another leg higher towards 1.43/46% – Commerzbank
According to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the strong rebound