The numbers: The University of Michigan’s gauge of consumer sentiment rose to a preliminary December reading of 59.1 from a November reading of 56.8. Economists polled by the Wall Street Read more
Tag: improves
German business sentiment improves in November
Business confidence in Germany increased in November, beating expectations, as companies foresee a less severe recession than previously expected. The Ifo business-climate index rose to 86.3 points in November from Read more
US consumer outlook improves in August as inflation expectations fall to 8-month low
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices for gasoline helped bring expectations for inflation to their lowest level since December of last Read more
China Caixin Services PMI improves further in July
The China Caixin services purchasing managers’ index, a private gauge of service-sector activity, improved further in July, contrasting with its official counterpart. The Caixin services PMI rose to 55.5 in Read more
New York Empire State July factory activity gauge improves, but manufacturers mood darkens
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 12.3 points to 11.1 in July, the regional Fed bank Read more
New York Empire State July factory activity gauge improves, but mood darkens
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 12.3 points to 11.1 in July, the regional Fed bank Read more
Euro to slide to parity against the U.S. dollar unless natural-gas situation improves, Citi strategists warn
The euro is set to keep sliding until it reaches parity against the U.S. dollar, according to strategists at Citi, unless the surge in natural gas prices brought about by Read more