The ISM Manufacturing Index firmed to 49.3 in December from 48.4 last month, and ahead of the step back to 48.2 expected. The deceleration in the manufacturing sector slowed again, as a broader segment of the industry reported growth. Seven of 18 industries reported growth for the month – up from three in November. Despite […]
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US initial jobless claims fell -10k to 201k in the week ending January 4, below expectation of 218k. That’s also the slowest number since February 2024. Four-week moving average of initial claims fell -10k to Read more…
US ADP private employment data revealed a slowdown in job creation for December, with 122k jobs added, missing market expectations of 143k, and prior month’s 146k. Breaking down the numbers, goods-producing sectors added 10k jobs, Read more…
Crude oil continues to rise for a third week. On Wednesday, the price of a barrel of Brent crude rose above $77.50, its highest level in almost three months. Better-than-expected economic data from the US Read more…