expected Archive

  • U.S. Consumer Credit Rises Less Than Expected In August Consumer credit in the U.S. rose by less than expected in the month of August, according to a report released by the Federal Reserve on Friday. The report said consumer credit increased by $13.1 billion in August after climbing by a revised $17.7 billion in July. Economists had expected consumer credit to rise by $16.0 billion compared to the $18.5 billion jump originally reported for the previous month. The Fed said non-revolving credit such as student loans and car loans climbed by $7.3 billion in August following a $15.6 billion increase in July. Revolving credit, which largely reflects credit card debt, rose by $5.7 billion in August after edging up by $2.1 billion in the previous month. The Fed said consumer credit increased by an annual rate of 4.2 percent in August, as revolving credit jumped by 7.0 percent and non-revolving credit rose by 3.2 percent.

    U.S. Consumer Credit Rises Less Than Expected In August

    U.S. Consumer Credit Rises Less Than Expected In August Consumer credit in the U.S. rose by less than expected in the month of August, according to a report released by the Federal Reserve on Friday. The report said consumer credit increased by $13.1 billion in August after climbing by a revised $17.7 billion in July. Economists had expected consumer credit to rise by $16.0 billion compared to the $18.5 billion jump originally reported for the previous month. The Fed said non-revolving credit such as student loans and car loans climbed by $7.3 billion in August following a $15.6 billion increase in July. Revolving credit, which largely reflects credit card debt, rose by $5.7 billion in August after edging up by $2.1 billion in the previous month. The Fed said consumer credit increased by an annual rate of 4.2 percent in August, as revolving credit jumped by 7.0 percent and non-revolving credit rose by 3.2 percent.
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  • Consumer credit data from the Federal Reserve - Prior was +$18.449B (revised to $17.71B) - Revolving +$5.76B - Non-revolving +$7.31

    US August consumer credit outstanding +$13.065B vs +$15.54B expected

    Consumer credit data from the Federal Reserve - Prior was +$18.449B (revised to $17.71B) - Revolving +$5.76B - Non-revolving +$7.31
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  • Nate continues to track north The latest forecast from the NHC continues to show a wide cone for Nate but the central forecast is that it will head towards the Florida panhandle or Mississippi.

    Tropical storm Nate expected to strengthen into hurricane Saturday

    Nate continues to track north The latest forecast from the NHC continues to show a wide cone for Nate but the central forecast is that it will head towards the Florida panhandle or Mississippi.
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  • U.S. Wholesale Inventories Climb Slightly Less Than Expected In August A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. increased by slightly less than expected in the month of August. The Commerce Department said wholesale inventories climbed by 0.9 percent in August after rising by 0.6 percent in July. Economists had expected inventories to jump by 1.0 percent. Inventories of non-durable goods surged up by 1.2 percent, reflecting notable increases in inventories of drugs, paper, and petroleum. The report said inventories of durable goods also increased by 0.8 percent amid significant growth in inventories of metals, automotive products, and computer equipment. The Commerce Department also said wholesales sales spiked by 1.7 percent in August after coming in unchanged in the previous month. Sales of durable goods shot up by 2.0 percent amid sharp increases in sales of automotive products and computer equipment. The report sai..

    U.S. Wholesale Inventories Climb Slightly Less Than Expected In August

    U.S. Wholesale Inventories Climb Slightly Less Than Expected In August A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. increased by slightly less than expected in the month of August. The Commerce Department said wholesale inventories climbed by 0.9 percent in August after rising by 0.6 percent in July. Economists had expected inventories to jump by 1.0 percent. Inventories of non-durable goods surged up by 1.2 percent, reflecting notable increases in inventories of drugs, paper, and petroleum. The report said inventories of durable goods also increased by 0.8 percent amid significant growth in inventories of metals, automotive products, and computer equipment. The Commerce Department also said wholesales sales spiked by 1.7 percent in August after coming in unchanged in the previous month. Sales of durable goods shot up by 2.0 percent amid sharp increases in sales of automotive products and computer equipment. The report sai..
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  • Wholesale sales and inventories - Prior was -0.1% Inventories: - Inventories +0.9% vs +1.0% expected - Prior was +1.0% m/m That's a nice headline. It's third-tier data but it's another good sign.

    US August wholesale sales +1.7% m/m vs +0.0% m/m expected

    Wholesale sales and inventories - Prior was -0.1% Inventories: - Inventories +0.9% vs +1.0% expected - Prior was +1.0% m/m That's a nice headline. It's third-tier data but it's another good sign.
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  • Canadian Ivey manufacturing PMI - Prior was 56.3 - Non-seasonally adjusted 68.6 vs 56.8 prior This data set is all over the place. I wouldn't read anything into it.

    September Canada Ivey PMI 59.6 vs 56.0 expected

    Canadian Ivey manufacturing PMI - Prior was 56.3 - Non-seasonally adjusted 68.6 vs 56.8 prior This data set is all over the place. I wouldn't read anything into it.
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  • Brazil Monthly Inflation Slows Less Than Expected Brazil's monthly inflation eased less-than-expected in September, preliminary data from the statistical institute IBGE showed Friday. The consumer price index rose 0.16 percent from August, when it grew 0.19 percent. Economists had expected an increase of 0.08 percent. On a year-on-year basis, the CPI climbed 2.54 percent year-on-year following 2.46 percent rise in the previous month. Economists had expected 2.45 percent increase. Accumulated inflation was 1.78 percent in the year-to-September, which was the lowest for the month since 1998.

    Brazil Monthly Inflation Slows Less Than Expected

    Brazil Monthly Inflation Slows Less Than Expected Brazil's monthly inflation eased less-than-expected in September, preliminary data from the statistical institute IBGE showed Friday. The consumer price index rose 0.16 percent from August, when it grew 0.19 percent. Economists had expected an increase of 0.08 percent. On a year-on-year basis, the CPI climbed 2.54 percent year-on-year following 2.46 percent rise in the previous month. Economists had expected 2.45 percent increase. Accumulated inflation was 1.78 percent in the year-to-September, which was the lowest for the month since 1998.
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  • Canada September employment report highlights - was +22.2K - Part time -102.0K vs +110.4K prior - Unemployment 6.2% vs 6.2% prior - Participation 65.6% vs 65.7% prior Look at that full-time number.

    Canada September employment 10.0K vs +12.0K expected

    Canada September employment report highlights - was +22.2K - Part time -102.0K vs +110.4K prior - Unemployment 6.2% vs 6.2% prior - Participation 65.6% vs 65.7% prior Look at that full-time number.
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  • Highlights of the non-farm payrolls report for September 2017 - was +156K (revised to 169K) - Estimates ranged from -45K to +153K - Private payrolls -40K vs +75K expected Wages data:

    September non-farm payrolls -33K vs +80K expected

    Highlights of the non-farm payrolls report for September 2017 - was +156K (revised to 169K) - Estimates ranged from -45K to +153K - Private payrolls -40K vs +75K expected Wages data:
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