US Jobless Claims -2K To 213K In Nov-23 Wk; Survey 215K US Nov-16 Week Continuing Claims…
Month: November 2024
Top BBC Presenter Mishal Husain Leaving After 25 Years To Join Bloomberg – UPDATED
UPDATED 05.34 a.m. PT: Mishal Husain is heading to Bloomberg. The BBC‘s top anchor will launch…
📰 RUSSIAN FOREIGN MINISTRY: IF U.S. MISSILES APPEAR ON JAPANESE TERRITORY, IT WILL BE THREAT TO OUR COUNTRY’S SECURITY
RUSSIAN FOREIGN MINISTRY: IF U.S. MISSILES APPEAR ON JAPANESE TERRITORY, IT WILL BE THREAT TO OUR…
📰 🔸 U.S. Jobless Claims Due 8:30 a.m. ET; Seen 215K for Week 🔸 U.S. 3rd-Quarter Preliminary GDP Due 8:30 a.m. ET; Seen +2.8% 🔸 U.S. October Durable Goods Due 8:30 a.m. ET; Seen +0.5%
🔸 U.S. Jobless Claims Due 8:30 a.m. ET; Seen 215K for Week 🔸 U.S. 3rd-Quarter Preliminary…
📰 CFTC’S CRYPTO AUTHORITY MAY EXPAND DRAMATICALLY UNDER TRUMP REPUBLICANS MERSINGER, PHAM AMONG NAMES FLOATED FOR CFTC CHAIR
CFTC’S CRYPTO AUTHORITY MAY EXPAND DRAMATICALLY UNDER TRUMP REPUBLICANS MERSINGER, PHAM AMONG NAMES FLOATED FOR CFTC…
📰 CPI PREVIEW 🔸 JPMorgan forecasts: • Core CPI at 0.36%, headline at 0.32% for the month, with high shelter costs ongoing. • Shelter costs like OER and rent will keep growing, though at a decelerating rate, above pre-COVID levels. • Expect increases in lodging, airfares, and used vehicles, but a modest rise in apparel and a slight drop in communications. 🔸 Goldman Sachs forecasts: • Core CPI up 0.31%, headline at 0.19% month-over-month. • Core increase due to rising auction prices, airfare (+1.0%), and car insurance (+0.5%). • Shelter costs stable (OER +0.33%, rent +0.28%), health insurance slightly down (-0.1%). • Core PCE expected at 0.24%. 🔸 Citi forecasts: • Core CPI at 0.26%, headline at 0.2% month-over-month. • Shelter inflation decreasing, with primary rents at 0.25% and OER at 0.30%; recreation and services softening. • Airfares to drop, health insurance to increase by 1.5% due to data update. • Used cars up by 0.8%, apparel prices to ease to 0.3% possibly in November or December. • Core PCE at 0.24%, anticipating strength in some PCE-relevant sectors.
CPI PREVIEW 🔸 JPMorgan forecasts: • Core CPI at 0.36%, headline at 0.32% for the month,…
📰 US SHIFTS CHINA TRAVEL ADVISORY TO ‘EXERCISE INCREASED CAUTION’
US SHIFTS CHINA TRAVEL ADVISORY TO ‘EXERCISE INCREASED CAUTION’
“This Is A Matter Of Saving The Culture Of Afghanistan”: Decorated Iranian Filmmakers Mohsen & Hana Makhmalbaf Plus Jimmy Mulville Urge UK Government To House Dozens Of Creatives Hunted Down By The Taliban
“This is a matter of saving the culture of Afghanistan,” Iranian filmmaker Mohsen Makhmalbaf said to…
📰 ARABICA COFFEE FUTURES EXTEND RALLY, HITTING HIGHEST SINCE 1977
ARABICA COFFEE FUTURES EXTEND RALLY, HITTING HIGHEST SINCE 1977
📰 Trump tariffs could hurt S&P 500 earnings by few percentage points – Citi Citi analysts warn that Trump’s proposed tariffs could decrease S&P 500 earnings by a few percentage points. They highlight that the market hasn’t fully priced in this risk, especially with new tariffs aimed at China, Canada, and Mexico. Sectors with heavy trade exposure, including Canada’s energy exports, are expected to be affected. Tariffs might reduce S&P 500 earnings in 2025 and impact gross margins significantly. However, past tariff reliefs suggest potential leniency, and markets are now shifting focus from election to policy uncertainty.
Trump tariffs could hurt S&P 500 earnings by few percentage points – Citi Citi analysts warn…