US: NY Empire State Manufacturing Index drops to 17.4 in June vs. 22 expected
NY Empire State Manufacturing Index came in lower than expected in June. US Dollar Index
US: Industrial Production expands by 0.8% in May vs. 0.6% expected
Industrial Production in US grew at a stronger pace than expected in May. US Dollar
US Retail Sales: A dip in auto sales to drag on the headline – Scotiabank
Analysts at Scotiabank offer a sneak peek at what to expect from Tuesday’s Retail Sales
EU, US reach deal to resolve Boeing-Airbus tariff dispute
Reuters reports that the European Union (EU) and the US reach a deal to resolve
Fed to retain the dovish tilt despite higher US inflation – UOB
Senior Economist Alvin Liew comments on the latest higher-than-expected US inflation figures. Key Quotes “On
US: NY Fed’s GDP Nowcast declines to 4.2% for Q2 after this week’s data
The US economy is expected to grow by 4.2% and 5.3% in the second and
US: Consumer Sentiment Index improves to 86.4 in June vs. 84 expected
Consumer confidence in the US improved in June. US Dollar Index continues to push higher
US: CPI to run over 4% on a year-ago basis until the first quarter of 2022 – Wells Fargo
Data released on Thursday showed the Consumer Price Index in the US rose 0.6% in
US: Weekly Initial Jobless Claims decline to 376K vs. 370K expected
Weekly Initial Jobless Claims in the US decreased by 9,000. US Dollar Index stays in
US CPI Preview: Forecasts from eight major banks for critical May inflation
The US dollar is at the upper end of its range ahead of the release