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Thu06202013

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U.S. Factory Orders Up 0.7 Percent In May, Higher Than Expected

U.S factory orders posted a stronger than expected rebound in May buoyed by orders of ships, boats and aircraft, according to figures released Tuesday by the Commerce Department.

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OECD Area Inflation Weakens For Third Month

Consumer price inflation in the Organization for Economic Cooperation and Development (OECD) area slowed for the third consecutive month in May, latest data showed.

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Treasuries Snap Decline Before Manufacturing, Jobs Data

Treasuries snapped a decline before reports this week that economists said will show manufacturing growth slowed and the U.S. added fewer than 100,000 jobs for a third month.

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Long Wait For Trend-like Growth?

The EU summit surprised to the upside. Some constructive measures were agreed upon in the meeting that warmed the Street and also set in motion a large-scale exodus into risky bets.

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Treasuries Erase June Loss As Pimco’s Gross Bets On U.S. Debt

Treasuries were poised to eke out a monthly gain before a government report today that economists said will show consumer spending failed to grow in May as the biggest part of theU.S. economy struggles.

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U.S. Manufacturing Index Unexpectedly Indicates Contraction

Activity in the U.S. manufacturing sector unexpectedly contracted in the month of June, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector pointing to a contraction for the first time since July of 2009.

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U.S. Private Sector Employment Rises In Line With Estimates

Employment in the U.S. private sector saw continued growth in the month of March, according to a report released by payroll processor Automatic Data Processing, Inc. (ADP) on Wednesday, with the job growth coming roughly in line with economist estimates.

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U.S. Construction Spending Jumps 0.9 Percent In May, Higher Than Expected

U.S construction spending increased by more than expected in May even as revised figures show stronger than initially reported construction spending in April, according to figures released Monday by the Commerce Department.

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Company Payrolls in U.S. Expanded by Estimated 209,000 Workers

Companies in the U.S. expanded payrolls in March, showing the labor market is strengthening, according to data from a private report based on payrolls.

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