Market movers today Today, Germany releases factory orders for October where consensus expects a stabilisation after two consecutive months of steep contraction. The regional network survey is out from Norway. The September edition pointed to a fairly significant slowdown ahead with firms expecting profitability to deteriorate over the coming year. There has been a number […]
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The Federal Reserve’s preferred measure of inflation edged higher in October, data indicated Wednesday, thanks in part to an ongoing boom in consumer spending that is challenging the central bank’s effort to tame price pressures. Read more…
U.S. personal income grew by 0.6% mom in October, exceeding market expectations of a 0.3% mom rise, with a total increase of USD 147.4B. Personal spending also climbed, rising 0.4% mom or USD 72.3B, aligning Read more…