Pres. Trump is saying that he is not looking to tap into the strategic petroleum reserve or SPR. Trump’s Chief of Staff Susie Wiles is also reportedly telling his advisors to bring…
Prior was 212K (revised to 213K) Continuing claims 1868K vs 1850K expected Prior 1833K (revised to 1822K) Initial claims beat, while continuing claims miss. They are both in the range of estimates…
Import Prices: Prior month import prices 0.1% revised higher to 0.2% Import prices MoM for January 0.2% vs 0.2% expected Import Prices YoY x.x% vs 0.0% last month Export Prices: Prior month…
Unit labor costs for Q4 Prior quarter -1.9% revised to -1.8% Unit Labor costs for Q4 2.8% vs 2.0% expected More details on Unit Labor costs from the BLS: Hourly compensation rose…
Headlines: Iran is ready to abandon its nuclear program if the US makes a satisfactory offer Is this a hint that the US-Iran conflict might stretch on for much longer? ECB’s de…
US-based employers announced 48,307 job cuts in February 2026, and that is down ~72% compared to the same month last year. Some good news is that through February, employers announced 156,742 job…
The consensus is for a softer reading in the headline non-farm payrolls figure, following the strong showing in January. The first month of the year typically has seasonal factors imbued and this…
The consensus is for a softer reading in the headline non-farm payrolls figure, following the strong showing in January. The first month of the year typically has seasonal factors imbued and this…
Prior -0.5%; revised to +0.2% The breakdown shows an increase in retail sales for food, drinks, tobacco (+0.3%), offset by a decline in sales for non-food products (-0.2%) and automotive fuel in…
The volatile trading continues on the week and it’s tough to hold any intraday convictions. S&P 500 futures were down by as much as 0.5% earlier on but have now climbed back…
Prior 46.4 Residential building was the main reason for the drag in overall construction activity in February, being the weakest-performing segment (37.0) once again. That being said, there were also contractions in…
Sky News Arabia reported that Iran’s Deputy Foreign Minister said “Iran is ready to abandon its nuclear program on condition that the United States presents a satisfactory alternative offer”. Yesterday, we got…
