Key US economic reports on the agenda again today

US equities reached new highs before profit taking brought down the main indices in the red, except the Dow Jones. The Fed Beige book perfectly illustrated the doubts that financial market players may be facing at the moment: the recovery is here and getting stronger but the tensions on means of production could lead to a consequent rise in inflation. Yet, the bond market remains very calm, the US 10y trading around 1.63%. The USD weakened further, with the EUR/USD exchange rate reaching 1.1990. Many key US economic reports are on the agenda today.

us-retail-sales
Share this news :

You might also read :

ES-oil
July 30, 2021

Weak INE crude expiry in China

Crude oil prices in Europe and the US continued to climb, to reach 76 $/b for the ICE Brent September contract. On the opposite of…
ES-economy
October 19, 2021

Renewed optimism

ising equities, slightly easing bond yields, falling USD: optimism prevails despite the sharp slowdown in the Chinese economy highlighted yesterday by the Q3 national accounts. Concerns…
ES-oil
November 22, 2021

Collapse at the prompt

The possibility of a coordinated SPR release is seriously denting the sentiment and upside risk in crude oil futures markets. Japan is now considering seriously an…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet? 

[booked-calendar]