Category Archives: macro-economic

Unemployment Rate Falls Lowest Level in Nine Years

U.S. employers added 178,000 jobs in November, close to expectations, while the unemployment rate dropped to 4.6%, its lowest level in nine years. The tightening labor market has driven hourly wages up 2.5% last month over the previous year. This … Continue reading

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Iran to Deal with France’s Total as International Sanctions are Lifted

One of the largest oil companies in France has agreed to purchase hundreds of thousands of barrels of Iranian Crude a day. Oil Minister, Bijan Zanganeh, has decided to allow France’s Total SA to spur the oil industry through its … Continue reading

Posted in dollar, Economy, Euro, Forecasts, France, Global News, Global Trade, Iran, macro-economic, Macro/Sector News, Oil, OPEC, Pound, Uncategorized | Leave a comment

U.S. Durable Goods Orders Fall in September

In September, orders for core capital goods—hard goods such as appliances or sporting goods that last at least 3 years—faced an unexpected decline of 0.1% to $227.3 billion. Data read slightly below a consensus forecast of a 0.1% increase, with … Continue reading

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Atlanta Fed Cuts Forecasts for U.S Third-Quarter GDP

The Atlanta Fed has trimmed its growth rate projections following the latest data on inventories, trade and consumer spending this week. The have listed on their website an annualized 2.4% growth rate for the U.S economy in the third quarter. … Continue reading

Posted in Consumer Spending, Economy, Federal Reserve Bank, Forecasts, GDP, Global Trade, Inflation, Interest Rates, Inventory Investment, macro-economic, Macro/Sector News, Reuters, Uncategorized | Leave a comment

Yuan/Renminbi Enters Elite Group of Currencies in the IMF

Yuan now becomes a global player in trade and finance with the inclusion of their currency in the International Monetary Fund. The IMF will now use the Yuan along with the Dollar, the Yen, and the Pound to officially lend … Continue reading

Posted in China, Christine Lagarde, Currencies, dollar, Economy, Euro, Forex, Global News, IMF, Inflation, Interest Rates, International Reserves, macro-economic, Pound, Renminbi, Uncategorized, Yen, Yuan | Leave a comment

U.S. Household Wealth Rises to Record

In the April-June quarter, U.S. household wealth rose at a solid pace, mainly attributed to gains in home values and stock portfolios. Household wealth reflects the sum of the values of homes, stocks, and other assets minus all forms of … Continue reading

Posted in Household Wealth, macro-economic, Macro/Sector News | Leave a comment

Industrial Production Fell 0.4% in August

U.S industrial production declined more than expected in August, a sign that demand for manufactured goods remains weak. Output fell 0.4% last month compared to a 0.6% increase in July. The decline was the largest since March. The industrial production … Continue reading

Posted in Fed, macro-economic, Macro/Sector News, Manufacturing | Leave a comment