BT Three Minute Markets Update
Latest Episodes
Andrew Dowie's 18 August 2015 update
NEHB's housing market index rose 1 point, matching consensus and is at its highest point, but manufacturing indicators were down.
Andrew Dowie's 17 August 2015 update
July US manufacturing output metric +0.8%, led by a 10.6% surge in automotive output but not as impressive as it seems.
Andrew Dowie's 14 August 2015 update
Household spending is key to the US economy and July retail sales were +0.6% to match consensus, up 2.4% YOY and prior months revised upwards.
Andrew Dowie's 13 August 2015 update
July monthly US Federal Government Budget Deficit $140bn, a $55bn widening, but mostly because 1 August was a Saturday; without that, it was an $11bn widening.
Andrew Dowie's 12 August 2015 update
NFIB Index rose to 95.4 from June's 94.1; June US wholesale inventories above consensus.
Andrew Dowie's 11 August 2015 update
The American Federal Reserve Labour Market Conditions Index rose 1.1 points last month for its third consecutive monthly gain and is likely to fully recap all the labour market losses caused by the GFC over the next 9-10 months.
Andrew Dowie's 10 August 2015 update
US July employment report came in as expected at 215,000 non-farm payroll count - evidence for at least one rate cut this year.
Andrew Dowie's 7 August 2015 update
US data releases: Weekly initial jobless claims report posted a 3,000 claimant increase, up to 270,000.
Andrew Dowie's 6 August 2015 update
US data releases: July ISM non-manufacturing sector up to 60.3, it's most elevated print since 2005.
Andrew Dowie's 5 August 2015 update
US data releases: Factory orders rose by monthly 1.8% over June; June's orders for durable goods revised to 3.4%.