Update-August CPI

The Consumer Price Index (CPI) numbers for August came in lower than the previous month from 0.6% to 0.4%. On a yearly basis CPI rose from 1 to 1.3%. The dollar Index has had mixed reactions to the result. Currently trading around 93.00, it has made some modest ground as it bounced off 92.7. But […]

US in a spending frenzy during covid

When they want to flex their economic muscle, Americans aren’t shy to do so. Whilst most of  the world is going into lock-down the US has gone into a spending spree with retail sales forecast to rise 1.9% in July. This along with better than expected payroll numbers in July, spending being close to double […]