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The US consumer continues to hold up

The US consumer continues to hold up

US consumer confidence is plunging but spending isn't.The latest spending data from Bank of America shows overall spending up year-over-year despite an 8-9% decline in gasoline prices. There are some worrisome signs with spending on lodging, airlines and entertainment...

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US February pending home sales +2.0% vs +1.0% expected

US February pending home sales +2.0% vs +1.0% expected

Prior was -4.6%Year over year transactions -3.6% vs -5.2% priorIndex at 72.0 vs 70.6 prior (was at a series low)"Despite the modest monthly increase, contract signings remain well below normal historical levels," said NAR Chief Economist Lawrence Yun. "A meaningful...

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US Q4 final GDP +2.4% vs +2.3% expected

US Q4 final GDP +2.4% vs +2.3% expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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US initial jobless claims 224K vs 225K estimate

US initial jobless claims 224K vs 225K estimate

The Initial claims are steady and in the middle of the rangePrior week 223K revised to 225Kinitial does claims.224K vs 225K estimate4 week moving average of initial jobless claims 224K vs 228.75K last week. The 4 week MA is the same as the number for the...

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