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US crude stocks fall more than expected

Economies.com
2022-11-23 16:12PM UTC

The Energy Information Administration reported a tumble in US crude stocks by 3.7 million barrels to 431.7 million barrels, while analysts expected a drop of 2.5 milllion barrels. 

 

Gasoline stocks rose 3.1 million barrels to 211 million barrels, while distillate stocks rose 1.7 million barrels to 109.1 million barrels. 

US consumer confidence improves markedly in November

Economies.com
2022-11-23 15:42PM UTC

The Michigan\Reuters index tracking US consumer confidene rose to 56.8 in November from 54.7, beating estimates of 55. 

US new home sales rise unexpectedly

Economies.com
2022-11-23 15:40PM UTC

US new home sales rose to 632 thousand in October, while analysts expected a drop to 570 thousand units from 588 thousand in the previous reading. 

US manufacturing and services PMIs slow down

Economies.com
2022-11-23 15:38PM UTC

US services PMI tumbled to 46.1 in November from 47.8 in the previous reading, while analysts expected 48.

 

US manufacturing PMI also slid to 47.6 this month from 50.4, while analysts expected 50.