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Macroeconomics

Natural Gas Storage Surpasses Expectations, Indicates Weaker Demand

The Energy Information Administration (EIA) has released its weekly report on Natural Gas Storage, revealing an unexpected increase in the number of cubic feet of natural gas held...

US business activity rises in October; price pressures easing

WASHINGTON (Reuters) - U.S. business activity increased in October amid strong demand, and firms raised prices for goods and services at the slowest pace in nearly 4-1/2 years,...

New home sales outpace forecasts, indicating bullish trend for USD

The recently released data on New Home Sales has shown promising signs for the US economy. The annualized number of new single-family homes sold during the previous month came in...

Services PMI edges upward, slightly surpassing forecasts and previous data

The Services PMI, a critical indicator of the health of the U.S. service sector, has been released, showing a slight increase. The actual figure came in at 55.3, according to data...

US Manufacturing PMI edges up, slight relief for dollar

The Manufacturing Purchasing Managers' Index (PMI) in the United States has registered a minor rise, according to the latest data. The PMI, a measure of the activity level of...

UK business sentiment drops, adding pressure on Reeves before budget

By Suban Abdulla LONDON (Reuters) -Optimism among British firms has sunk, according to two surveys published on Thursday, six days before finance minister Rachel Reeves tries to...

Brazil inflation picks up in mid-October with higher electricity costs

SAO PAULO (Reuters) - Inflation in Brazil accelerated in the month to mid-October, as higher electricity costs pushed consumer prices up in Latin America's largest economy. Prices...

U.S. initial jobless claims fall, signal strength in labor market

The U.S. Department of Labor reported a decrease in initial jobless claims, indicating a strengthening labor market. The number of individuals who filed for unemployment insurance...

UK business sentiment weakest in two years before budget, CBI says

LONDON (Reuters) - Sentiment among British manufacturing companies fell at the fastest pace in two years ahead of finance minister Rachel Reeves' first budget next week, a survey...

US building permits dip further than expected, signaling economic caution

The US economy is showing signs of a slowdown as the number of building permits issued took a sharper dip than anticipated. The actual number of building permits issued fell by...

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