Automatic weekly summary of the news that moves the dollar and the markets.
· 6 events
Measures the weekly change in the number of barrels of commercial crude oil held by US firms.
Reading for the dollar
The -3.061M drawdown, larger than expected, suggests robust demand or tighter supply, potentially supporting energy prices.
| Actual | Forecast | Previous |
|---|---|---|
| -3.061M | -0.1M | -8.557M |
Records the number of individuals who filed for unemployment insurance for the first time during the past week.
Reading for the dollar
The 194K reading is lower than expected, indicating a resilient labor market and strengthening the Fed's case for higher rates.
| Actual | Forecast | Previous |
|---|---|---|
| 194K | 200K | 200K |
Surveys purchasing managers in the industrial sector regarding current business conditions; above 50 indicates expansion.
Reading for the dollar
The actual reading of 56 beat the 55.4 forecast, showing stronger than anticipated expansion in industrial activity.
| Actual | Forecast | Previous |
|---|---|---|
| 56 | 55.4 | 55.9 |
Evaluates the level of activity of purchasing managers in the services sector, the largest component of the US economy.
Reading for the dollar
The 57.9 figure met expectations exactly, remaining in solid expansion territory although below the previous month's level.
| Actual | Forecast | Previous |
|---|---|---|
| 57.9 | 57.9 | 58.8 |
Survey measuring consumer confidence levels regarding economic activity and personal finances.
Reading for the dollar
The 48 reading outperformed the 46.3 forecast, reflecting a more optimistic consumer than expected, favoring internal consumption.
| Actual | Forecast | Previous |
|---|---|---|
| 48 | 46.3 | 48.1 |
Measures the percentage that consumers expect the price of goods and services to change during the next 12 months.
Reading for the dollar
No actual data published for the revised period; markets watch this data to anticipate future inflationary pressures.
| Actual | Forecast | Previous |
|---|---|---|
| — | — | 4.7% |
Informational content. Not investment advice.
