[ad_1] US STOCKS OUTLOOK: S&P 500 falls modestly after stalling at technical resistance. The Nasdaq 100 ekes out a small gain in a mixed session Market attention will center on…
[ad_1] ISM SERVICES KEY POINTS: July ISM services PMI rises to 56.7 from 55.3, beating expectations calling for a decline to 53.5 Strong business activity suggests the economy remains resilient…
[ad_1] ISM MANUFACTURING KEY POINTS: July manufacturing PMI eases to 52.8 from 53.00 in June, topping expectations calling for a decline to 52.00 The slowdown in factory activity suggests the…
[ad_1] GOLD PRICE FORECAST: BULLISH Gold prices extend their rebound, up more than 3% on the week The slide in U.S. Treasury yieldsis likely to support rate-sensitive assets in the…
[ad_1] US PCE PRICE INDEX KEY POINTS: June U.S. consumer spending advances 1.1% versus 0.9% expected. Personal income at 0.6% m-o-m, slightly above expectations Core PCE, the Fed’s favorite inflation…