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  • August 9, 2024

    High points for US economic data scheduled for August 12 week

    The dearth of economic data in the August 5 week gives way to a more compelling roster of economic data in the August 12 week. Concerns that the US economy is growing more slowly than […]

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  • August 9, 2024

    Global data flat to underperforming: China and US both weak

    Global data on net are posting near consensus estimates, at minus 7 and just below the zero line on Econoday’s Relative Performance Index (RPI). Yet when excluding what have been as-expected to firmer-than-expected inflation data, […]

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  • August 8, 2024

    Weekly Freddie Mac 30-year fixed rates lowest in over a year

    As of the August 8 data, the Freddie Mac rate for a 30-year fixed mortgage rate is down 26 basis points to 6.47 percent from the prior week, reaching its lowest since 6.39 percent in […]

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  • August 5, 2024

    US loan officer survey shows lending standards still tight

    The Fed’s senior loan officer opinion survey for July shows that on net, fewer banks are tightening lending standards for commercial and industrial lending. The increase in spreads of loan rates over banks’ cost of […]

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  • August 2, 2024

    High points for US data scheduled for August 5 week

    The economic data calendar in the August 5 week is sparse and has little market moving potential. There will be plenty of time to think about the outcome of the July 30-31 FOMC meeting and […]

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  • August 2, 2024

    Global data soft within consensus ranges; US weak

    Econoday’s Relative Performance Index (RPI) for global indicators ended last week at minus 5 and at minus 7 less inflation (RPI-P). These readings are close to the zero line to indicate that, on net, data […]

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