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US Crude -2.97MM, Exp. -2.000MM Gasoline -2.241MM Distillate +0.645MM Cushing +0.070MM
US Durable Goods -0.1%, Exp. -0.3% Durables ex transports 0.7%, Exp. 0.5% Cap goods orders non-def ex air 0.0%, Exp. 0.5%
The safe-haven U.S. dollar reached the 9-month high-level last week. The U.S currency is supported overall by concerns that the coronavirus Delta variant could derail global economic recovery just as central banks begin to reverse COVID-19 pandemic-related stimulus. US Dollar extended g...
US Housing Starts will be announced Wednesday and it is a critical indicator of economic strength in the US. The market expects housing starts to ease to 1.602 mln from 1.643 mln. US Building Permits as another key indicator of demand in the housing market measure the change in the numb...
- It is still unclear if the Delta variant will have a significant impact on the economy - We are not simply going to revert to a pre-pandemic economy - Service workers need assistance in order to re-enter the workforce - Public interaction and service occupations ar...
The US Retail Sales data are due at 8:30 AM ET (1230) but will pose a number of challenges as regards their interpretation, given that past data have showed that pandemic-driven changes in spending patterns have been much stronger than, and completely uncorrelated to, the usual process of seasona...
The US Dollar reached near its highest level in four months against a basket of currencies last week as investors looked for more hints from the Federal Reserve on its plans to reduce monetary stimulus. The U.S. CPI inflation increased 0.5% in July after climbing 0.9% in June, the large...
UMich August US prelim consumer sentiment 70.2 vs 81.2 expected
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