The softening in US August core PCE inflation (3.9% YoY vs earlier 4.3%, 0.1% MoM vs earlier 0.2%) didn't drive a sustained rebound in Wall Avenue final Friday, as Treasury yields stayed agency...
Earlier than we get into October, let's have a look again at how the seasonals did in September. On the finish of August, I highlighted some tendencies within the month, together with weak...
Manufacturing PMI 50.2 vs 50.0 (prior 49.7)Non-manufacturing PMI 51.7 vs 51.5 anticipated (prior 51.0)The official manufacturing PMI is the necessary one and it rose above 50 for the primary time since March 2023....
Markets:Gold down $16 to $1848WTI crude oil down 78-cents to $90.93US 10-year yields down 0.2 bps to 4.57%S&P 500 down 12 factors to 4288AUD leads, CAD lagsThe quarter ended with some drama because...