Against the overall risk-off trend prompted by Friday's Wall Street sell-off, and another substantial decline in iron ore prices to end last week, Australia's miners have bounced back solidly today. But from a broader perspective, CBA's commodities economist Vivek Dhar says the market has spotted some green shoots in China's recent data, much of which was released late on Friday …
Confidence check The Conference Board on Tuesday issues its consumer confidence index for June. Economists expect that consumer confidence held steady as Americans continued to deal with elevated prices and high interest rates. Consumer confidence, by month: Jan.: 110.9 Feb.: 104.8 March: 103.1 April: 97.5 May:102 June : 102 Source: FactSet Economic slowdown The Commerce Department issues its final reading …
A look at some of the key business events and economic indicators upcoming this week HT Image EYE ON CONSUMERS The Conference Board delivers its latest monthly snapshot of U.S. consumer confidence Tuesday. Consumer confidence, by month: Sept. 104.3 Oct. 99.1 Nov. 101.0 Dec. 108.0 Jan. 114.8 Feb. 112.5 Source: FactSet ECONOMIC BAROMETER The Commerce Department on Wednesday releases its …
