ONLINE FOREX BROKER
In June, borrowing by small American companies reached an almost two-year maximum, powered by hotels and restaurants and hotels because businesses invested to meet customer demand, as PayNet Inc informed on Tuesday.
June’s Thomson Reuters/PayNet Small Business Lending Index inched up from May’s upwardly revised result of 138.3 to 139.9, which is its most impressive outcome since July 2015.
Small business borrowing happens to be a major indicator of surge because those companies do much of the hiring, driving economic gains.
Measured from the previous year, borrowing was intact, as the provider of credit ratings on small companies states.
Turmoil in in the USA involving Donald Trump's six-month-old administration has led traders as well as businesses to question whether most of his proposals are going to be implemented or not. The previous week Republicans didn’t manage to deliver on a campaign pledge to upgrade the American healthcare system, while on Monday Trump sacked his communications director a week on the position.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
2022 was rough: inflation, energy crisis, and plenty of other controversial situations…
The US dollar index keeps rounding above the 103.60 historical support level. The buyers have already defended this level for three weeks, highlighting their interest in the greenback. Thus, buying USD looks less risky right now.
The Reserve Bank of Australia (RBA) will make a statement and release a Cash Rate on February 7, 05:30 GMT+2. It's among the primary tools the RBA uses to communicate with investors about monetary policy.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
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