US Unemployment Benefit Claims Decrease
In the week ending September 21, 2024, the number of Americans filing for unemployment benefits decreased by 4,000, bringing the total to 218,000. This marks the lowest level of jobless claims in four months and comes in below market expectations,...
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US Economy Maintained Steady Growth
The US economy sustained an annual growth rate of 3% in the second quarter of 2024, matching previous estimates and significantly outpacing the 1.6% growth recorded in the first quarter. This steady pace highlights the resilience of the American economy...
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Durable Goods Orders in the US!
In August 2024, new orders for durable goods in the United States remained nearly unchanged from the previous month, maintaining the robust 9.8% increase seen in July. This surge in July marked the highest monthly rise in durable goods orders...
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German Consumer Confidence Index Rises
The GfK Consumer Climate Index for Germany has risen to -21.2 on the eve of October 2024, reflecting a modest improvement from the previously revised figure of -21.9. The index’s increase surpasses market expectations, which had forecast a slightly lower...
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Significant Decline in US Crude Oil Inventories
In the week ending September 20, 2024, US crude oil inventories experienced a substantial decline of 4.471 million barrels, significantly exceeding market expectations of a 1.4 million barrel decrease. This sharp drop follows a previous decline of 1.63 million barrels...
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