US Consumer Credit Change (Dec) 24.05B vs. Exp. 8B (Prev. 4.7B, Rev. From 4.23B, Low. 6.5B, High. 13B)
The significantly higher-than-expected rise in US consumer credit change points to stronger consumer confidence and borrowing activity than anticipated.
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE HALF A TICK LOWER AT 112-03+
US FX WRAP: Dollar sells off amid risk-sentiment to benefit off high beta FX
US Consumer Credit Change (Dec) 24.05B vs. Exp. 8B (Prev. 4.7B, Rev. From 4.23B, Low. 6.5B, High. 13B)
DoJ investigating in merge probe whether Netflix (NFLX) has engaged in anticompetitive tactics, according to WSJ
CRUDE WRAP: WTI (H6) SETTLES USD 0.26 HIGHER AT 63.55/BBL; BRENT (J6) SETTLES USD 0.50 HIGHER AT 68.05/BBL
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could imply a more resilient economy, potentially influencing interest rate policy by signaling robust consumer spending, which may have implications for inflation moving forward.
Related headlines
- Bank of America (w/e Aug 29) Total Card Spending +3.7% Y/Y (prev. +5% in July); add that, on balance, the robust spending growth in August is consistent with the view that the slump in July was a blip3 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port25 min ago
- Campbell's (CPB) Q4 2026 (USD): Adj. EPS 0.39 (exp. 0.40), revenue 2.14bln (exp. 2.15bln). Cuts quarterly dividend to accelerate debt reduction 27 min ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before32 min ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass33 min ago
- Polestar (PSNY) Q2 2026 (USD): Revenue 727mln (exp. 865mln)43 min ago
- Ciena (CIEN) Q3 2026 (USD): Adj. EPS 2.11 (exp. 1.72), Revenue 1.67bln (exp. 1.63bln), sees FY26 revenue 6.42 (exp. 6.34bln)44 min ago
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits1 hour ago
- US Challenger Job Cuts (Aug) 52.881K (Prev. 33.429K)2 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind2 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates3 hours ago
- Taiwan's cabinet has proposed an additional USD 4.6bln in defence spending for 20263 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln3 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed3 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources3 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement3 hours ago
- Iran reportedly threatened the US with a large-scale attack if Israel launches an attack on the Ali al-Taher ridge, southern Lebanon, Reuters reports citing sources3 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday3 hours ago
- India and China could hold talks on the sidelines of BRICS summit, Indian Trade Minister says 4 hours ago
The whole workspace, free to try.
Try it free