Live Daily Newsletter
Up-to-the-minute gold market
news, opinion & analysis
“They look at the weathervane for the direction of the wind.” – Sumerian text, ca 1600 BCCurrent Spot Prices:
3:23 pm Mon. October 23, 2017
(Time = USMT)
Category: Economic Data
U.S. housing starts -4.7% to 1.127M pace in Sep, below expectations of 1.183M, vs positive revised 1.183M in Aug; permits -4.5% to 1.215M.
U.S. industrial production +0.3% in Sep, in line with expectations, vs upward revised -0.7% in Aug (was -0.9%). Cap use edged up to 76.0%.
U.S. import prices +0.7% in Sep, above expectations of +0.6%, vs +0.6% in Aug. Export prices +0.8% on expectations of +0.5%.
U.S. business inventories +0.7% in Aug, above expectations of +0.6%, vs upward revised +0.3% in Jul.
University of Michigan sentiment surged to 101.1 in Oct, above expectations of 95.4, vs 95.1 in Sep.
U.S. retail sales +1.6% in Sep, above expectations of +1.5%, vs positive revised -0.1% in Aug. Ex-auto +1.0% on expectations of +0.8%.
U.S. CPI +0.5% in Sep, below expectations of +0.6%, vs +0.4% in Aug; +2.2% y/y. Core +0.1%, below expectations of +0.2%; +1.7% y/y.
U.S. PPI +0.4% in Sep, in line with expectations, vs +0.2% in Aug; +2.6% y/y. Core +0.4% on expectations of +0.2%, vs +0.1% in Aug; +2.2% y/y.
U.S. JOLTS job openings -58k to 6,082k in Aug, below expectations of 6,125k, vs negative revised 6,140k in Jul.
U.S. hourly earnings +0.5% in Sep, above expectations of +0.3%, vs +0.2% in Aug. Average workweek steady at 34.4 hours.
U.S. nonfarm payrolls -33k in Sep, below expectations of +87k, vs positive revised 169k in Aug (was +156k). Unemployment rate falls to 4.2%.
That’s the first negative NFP print since September 2010.