Why Some Chinese Companies May Be Trading Down
The Biden administration has been critical of the People’s Republic of China — a trend that appears to be continuing.
Airline Stocks Sell Off: Recent Moves By American, Delta, JetBlue To Watch
American Airlines (NYSE: AAL) is getting people back to work.
Bond Market Pricing In At Least One Interest Rate Hike In 2022
One of the biggest fears among investors so far in 2021 has been that higher-than-expected inflation could prompt the Federal Reserve to act sooner and more aggressively with tightening measures, including potential interest rate hikes.
USA NAHB Housing Market Index for Jul 80.000 vs 82.000 Est; Prior 81.000
USA NAHB Housing Market Index for Jul 80.000 vs 82.000 consensus estimate. The prior reading was 81.000.
3 Digital Currency Challenges Faced By Central Banks, Traditional Banks
The rise in popularity of Bitcoin (CRYPTO: BTC) and other cryptocurrencies has put pressure on the U.S. Federal Reserve and other central banks around the world to create their own central bank digital currencies, or CBDCs.
Disney Cites ‘Business-Friendly Climate’ In Moving 2,000 California Jobs To Florida
Walt Disney Co. (NYSE: DIS) is relocating more than 2,000 jobs from California to Florida, praising the Sunshine State’s “business-friendly climate” as an environment to “support our expanding business.”
USA Retail Sales (MoM) for Jun 0.600% vs (0.400)% Est; Prior (1.300)%
USA Retail Sales (MoM) for Jun 0.600% vs (0.400)% consensus estimate. The prior reading was (1.300)%.
USA Core Retail Sales (MoM) for Jun 1.300% vs 0.400% Est; Prior (0.700)%
USA Core Retail Sales (MoM) for Jun 1.300% vs 0.400% consensus estimate. The prior reading was (0.700)%.
EARLIER: USA Import Prices (MoM) for Jun 1.000% vs 1.200% Est; Prior Revised from 1.100% to 1.400%
USA Import Prices (MoM) for Jun 1.000% vs 1.200% consensus estimate. The prior reading was revised from an initial 1.100% to 1.400%.
EARLIER: USA Export Prices (MoM) for Jun 1.200% vs 1.200% Est; Prior 2.200%
USA Export Prices (MoM) for Jun 1.200% vs 1.200% consensus estimate. The prior reading was 2.200%.