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US manufacturing and services sectors improve in September

Economies.com
2020-09-23 14:38 UTC

IHS Markit revealed today that the composite PMI output index fell to 54.4 points in September from 54.6 points in August.

 

The services PMI fell to 54.6 points in September vs. 55 points in August, but came slightly higher than forecasts of 54.5.

 

While the manufacturing PMI rose to 53.5 points in September vs. 53.1 in August, beating forecasts of 52.5.

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Copper deepens losses on stronger dollar

Economies.com
2020-09-23 14:21 UTC

Copper prices fell on Wednesday, weighed down by the rising US dollar, which makes dollar-denominated commodities more expensive to other currencies holders.

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US crude inventories rise over 1 million barrels - EIA

Economies.com
2020-09-23 14:44 UTC

The US Energy Information Administration (EIA) showed today that the US crude inventories fell 1.6 million barrels to reach a total of 494.4 million barrels during the past week, missing analysts' forecasts of a drop by 4 million barrels.

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US stocks open mixed, tech shares fall under pressure

Economies.com
2020-09-23 14:34 UTC

The major US stock indices saw mixed performance on Wednesday, amid pressures on the technology sector, and anticipation for more statements from Federal Reserve's members.

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