Philip Chua Business Blog

Posts Tagged ‘consumer confidence’

The dollar traded mostly higher on Tuesday. US May 20-city home prices posted the largest year-over-year gain since August 2006, but July consumer confidence fell to a 5-month low. The S&P 500 declined 1.17 to 1,113.84. The euro rose to a 2-month high versus the yen after data showed German

U.S. Dollar Trading (USD) remained on the weak side as stocks and most currencies pushed higher into the weekend overcoming weak US Retail Sales data. May Retail Sales slumped -1.2% vs. +0.2% forecast. The data was countered however by a rise in US Consumer Confidence to a 2 year high

The stock market rebounded from an early slide Tuesday as stronger consumer confidence boosted hopes for the economy.







Stock – Business – Investing – Stocks and Bonds – Equities

Non-farm payrolls declined by a mere 11k in November – the best result since December 2007. The deterioration in the labour market is abating, but given the negative assessment of labour market conditions in the latest consumer confidence survey, non-farm payrolls could nevertheless have fallen again by about 10k in…

Oil prices fell near $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best.

A lackluster report on consumer confidence added to the market’s uneasiness about the economy.







Stock – Investing – Business – Commodities and Futures – Stocks and Bonds