Trade Sheet: Wednesday February 5, 2025
Daniel Ivey2025-02-05T14:54:22-05:00
February 5, 2025 United States: US Firms Add 183,000 Jobs in ADP Data, More Than Forecast Employment at US companies picked up in January by more than forecast, highlighting resilient job growth despite mounting uncertainty. Private payrolls rose by 183,000 last month following a upwardly revised 176,000 increase in December, according to ADP
February 4, 2025 United States: US Trims Borrowing Estimate for First Quarter to $815 Billion The US Treasury pared back its estimate for federal borrowing for the current quarter, while reiterating its previous assumption for cash balance at the end of March — assuming that Congress acts to raise or suspend the debt limit.
February 3, 2025 United States: Bond Traders Warn of Inflation Shock as US Yield Curve Flattens US bond markets are flashing a warning to US President Donald Trump that his move to unleash tariffs on top trading partners risks fueling inflation and stymieing growth. Short-end Treasury yields rose as much as eight basis
January 31, 2025 United States: Fed’s Favoured Inflation Gauge Posted Muted Advance in December The Federal Reserve’s preferred measure of underlying inflation remained muted in December, which should support further reductions in interest rates. The so-called core personal consumption expenditures price index, which excludes food and energy items, rose 0.2% from November and
January 30, 2025 United States: US Economy Ends 2024 With 2.3% GDP Growth, Boosted by Consumer The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory investment.