February 10, 2025 United States: Dollar, Gold Rise After Trump’s Latest Trade Salvo   The dollar strengthened and gold hit a record high as President Donald Trump’s plan for steel and aluminium import tariffs brought fresh disruption to markets. US stock futures signalled a rebound from Friday’s slump.   The yen and the Canadian dollar

February 7, 2025 United States: US Job Growth Slowed in January After 2024 Downward Revision   US job growth moderated in January after annual revisions from the government revealed less vigor in the labour market last year than previously thought.   Nonfarm payrolls increased by 143,000 last month after a revised 307,000 gain in December,

February 6, 2025 United States: US Initial Jobless Claims Pick Up, Still Near Pre-Covid Levels   Initial applications for US unemployment benefits picked up last week but remained relatively subdued.   New claims increased by 11,000 to 219,000 in the week ended Feb. 1. The median forecast in a Bloomberg survey of economists called for 213,000

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.  

January 29, 2025 United States: US Merchandise Trade Deficit Widens to Record on Rise in Imports   The US merchandise-trade deficit widened in December to a record as the value of imports increased.   The shortfall in goods expanded 18% to $122.1 billion, Commerce Department data showed Wednesday. The figure, which isn’t adjusted for inflation,

January 28, 2025 United States: US Core Capital Goods Orders Increase by More Than Forecast   US orders for business equipment rose in December by more than forecast, while bookings for overall durable goods unexpectedly declined on a steep drop in aircraft.   Core capital goods orders, a proxy for investment in equipment that excludes often-volatile