US Philly Fed CAPEX Index (Feb) 14.40 (Prev. 30.30)
Newsquawk Staff ·
US Philly Fed CAPEX Index (Feb) 14.40 (Prev. 30.30)
What it means
The significant drop in the US Philly Fed CAPEX Index from the previous 30.30 to 14.40 suggests a marked decline in business investment sentiment in the manufacturing sector. This miss relative to prior performance could signal potential weakness in future growth and might raise concerns about the overall economic outlook, influencing Fed policy expectations.
- [MARKET ANALYSIS] DXY takes a breather after recent gains and heading into the FOMC, while NZD slumps on RBNZ's surprise pause
- [MARKET ANALYSIS] Treasury futures retreat with yields underpinned as oil prices rebounded
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty
- US FX WRAP: Dollar gains as Antipodeans outperform as G10 central bank decisions loom
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2 TICKS LOWER AT 106-01+
Related headlines
- PREVIEW: Federal Reserve Rate Decision due Wednesday, October 28th at 18:00GMT/14:00EDT16 hours ago
- Atlanta Fed GDPnow Model (Q3): 3.5% (prev. 3.4%)17 hours ago
- Newsquawk European Market Wrap - 27th October 202618 hours ago
- US Dallas Fed Services Revenues Index (Oct) 4.4 (Prev. -0.9)18 hours ago
- US Dallas Fed Services Index (Oct) 4.0 (Prev. -1.8)18 hours ago
- US Richmond Fed Services Revenues Index (Oct) 2 (Prev. 0)19 hours ago
- US Richmond Fed Manufacturing Index (Oct) -2 vs. Exp. 0 (Prev. -2)19 hours ago
- US Richmond Fed Manufacturing Shipments Index (Oct) 0 (Prev. -5)19 hours ago
- US EQUITY OPEN: Indices in the green as Tech sector outperforms as earnings continue19 hours ago
- Notable FX Option Expiries for today's NY cut: 28th October 202645 min ago
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports2 hours ago
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US2 hours ago
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 123 hours ago
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention3 hours ago
- TPG pursues USD 5bln acquisition of UK data centre group Ark, according to FT4 hours ago