US economic news – February 16th 2017 13:30 (GMT+1)


The Number of initial jobless claims stood at 239 thousand, below expectations of 245 thousand.

January building permits was pleasantly surprised with 1.285 million permits, versus expectations of 1.23 million certificates.

The Fed Manufacturing Index of Philadelphia jumped to 43.3 points, compared with an expected index of 18 points.


Market News Briefing – Sep. 1st 2016 15:00 (GMT+1)


A surprising contraction in the US manufacturing sector

The manufacturing sector activity contracted unexpectedly in August due to the strengthening of the US dollar, slower growth of the global economy and uncertainty about the US economic outlook.

The manufacturing sector activity index in the US fell in August to 49.4 points – the lowest level since January, compared with a level of 52.6 points in July.
The economists had forecast only a slight decline in the index to 52 points.

Another data showed that the number of reported initial jobless claims stayed near a record low of more than four decades.