Note: This index is probably a number one indicator for new non-residential Commercial Real Estate (CRE) funding, besides manufacturing. From Dodge Data Analytics: Dodge Momentum Index Slips in August The Dodge Momentum Index moved decrease in August, falling 2.four% to 129.1 (2000=100) from its revised July studying of 132.2. The Momentum Index is a month-to-month […]
The temper amongst German buyers worsened for the third consecutive month in August, a survey confirmed on Tuesday, suggesting that markets anticipate Europe’s largest financial system to lose some momentum in the approaching months.The Mannheim-based ZEW analysis institute stated its month-to-month survey confirmed its financial sentiment index fell to 10.zero from 17.5 in July. This […]
Crude Oil is pushing away from worth resistance because the market anticipates the OPEC evaluate in St. Petersburg won’t result in additional provide cuts. SOURCE: DailyFX – Forex Market News – Read whole story here.
Brent crude slipped under $45 on Wednesday, reaching its lowest worth since final November as a provide glut continues to plague oil markets, in line with a brand new report by Bloomberg. “There’s a sea of negativity,” Maxwell Gold of ETF Securities LLC stated. “This is much more a story of sentiment weighing on the […]
Stocks completed the week combined as the Fed hiked charges, GE introduced a management change, and sure, Amazon agreed to purchase Whole Foods. SOURCE: Stocks to Watch – Read whole story here.
PNC Financial Services (PNC) ended the week on a down observe, regardless of better-than-expected first-quarter earnings. PNC stated it earned $1.96 per share on income that climbed 6% to $three.88 billion. Analysts have been on the lookout for earnings per share of $1.83 on $three.eight billion of income.SOURCE: Stocks to Watch – Read whole story here.