US new home sales rebound in May; consumer sentiment at record low

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS / Octavio Jones / File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebound 10.7% in May; April data revised up Median house … Read more

Fed policymakers embrace more rate hikes, markets a little less

People shop in a supermarket as inflation affected consumer prices in Manhattan, New York City, US, June 10, 2022. REUTERS / Andrew Kelly / File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – A pair of US central bankers said on Friday they supported further sharp interest rate hikes … Read more

Reading the market tea-leaves for global recession risks

A Wall Street sign outside the New York Stock Exchange in New York City, New York, US, October 2, 2020. REUTERS / Carlo Allegri // File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The fastest rate-hiking cycle in decades and inflation nearing double-digits has got investors scouring … Read more

Germany risks recession as Russian gas crisis deepens

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke / File Photo Register now for FREE unlimited access to Reuters.com Register More Europeans activate first stage of gas crisis plans Surging gas price adds to policymakers’ inflation headache Slowing flows … Read more

US labor market appears to be cool; homebuilding slumps as rates surge

A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, US, May 9, 2022. REUTERS / Mike Blake / File Photo Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims fall 3,000 to 229,000 Continuing claims rise 3,000 to 1,312 million Housing starts plunge … Read more

China’s property market woes expected to worsen in 2022 – Reuters poll

Under-construction apartments are pictured from a building during sunset in the Shekou area of ​​Shenzhen, Guangdong province, China November 7, 2021. Picture taken November 7, 2021. REUTERS / David Kirton Register now for FREE unlimited access to Reuters.com Register Home prices are expected to drop 1.3% in H1 and be unchanged in 2022 Property investment … Read more

US labor market in spotlight as weekly jobless claims hit 4-month high

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, US, September 3, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims increase 21,000 to 218,000 Continuing claims drop 25,000 to 1,317 million Mid-Atlantic factory … Read more

China’s economy skids as lockdowns hit factories, retailers

April industrial output unexpectedly falls y / y April retail sales falls faster than expected Nationwide jobless rate highest since Feb 2020 Fixed asset investment growth slower than f’cast BEIJING, May 16 (Reuters) – China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and … Read more

Gasoline drives up US consumer prices; inflation likely peaked

Consumer prices increase 1.2% in March Gasoline accounts for more than half of the rise in CPI CPI jumps 8.5% year-on-year; may have peaked Core CPI gains 0.3%; rises 6.5% year-on-year WASHINGTON, April 12 (Reuters) – US monthly consumer prices increased by the most in 16-1 / 2 years in March as Russia’s war against … Read more

Inversion of key US yield curve slice is a recession alarm

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, January 10, 2022. REUTERS / Brendan McDermid / File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 29 (Reuters) – A closely monitored section of the US Treasury yield curve inverted on Tuesday … Read more