Personal Investing Archives | Page 7 of 10

Daily Update 6 August, 2021

U.S. markets closed higher overnight, after data revealed applications for U.S. state unemployment benefits fell in the week ended July 31.

U.S. markets closed lower overnight. The Fed Reserve vice-chair suggested rates could rise by 2023 with a possible taper this year.

The ASX 200 closed down 0.23%. The RBA's interest rate and 3yr bond target remains at 0.10% and the A$5bn/week purchase of bonds continues.

U.S. markets closed lower as manufacturing expanded at a softer (but solid) pace in July with bottlenecks and input shortages.

U.S. markets closed lower on Friday. Personal spending accelerated more than expected in June with U.S. savings reaching a pandemic-low.

U.S. markets closed higher overnight after the U.S. Senate voted to move ahead with a broad infrastructure package on a $550bn plan.

U.S. markets closed mixed as the Fed Reserve held interest rates and the Chairman commented that he was still “a ways away” from raising them.

Despite U.S. markets closing lower overnight, consumer confidence improved for a sixth straight month in July to a fresh pandemic high.

U.S. markets closed mostly higher. New U.S. home sales dropped in June with weakening demand in light of elevated prices and tight supply.

Monitoring macro indicators to gain early insights into economic consequences is even more crucial in an ongoing pandemic