U.S. durable goods orders remained flat in January at $321.2 billion, falling short of market expectations for a 1.2% increase, while nondefense capital goods orders excluding aircraft, a key business investment indicator, showed no change from the previous month.
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US January Durable Goods Orders Flat, Missing Estimates
U.S. durable goods orders remained flat in January at $321.2 billion, falling short of market expectations for a 1.2% increase, while nondefense capital goods orders excluding aircraft, a key business investment indicator, showed no change from the previous month.
U.S. January trade deficit narrows to $54.5 billion, beating market expectations of $66.6 billion as exports rise $15.8 billion while imports decline $2.6 billion, with goods deficit falling to $81.8 billion and services surplus expanding to $27.3 billion amid improved trade balances across major trading partners
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US January Trade Deficit at $54.5 Billion, Below Expectations (Update)
U.S. January trade deficit narrows to $54.5 billion, beating market expectations of $66.6 billion as exports rise $15.8 billion while imports decline $2.6 billion, with goods deficit falling to $81.8 billion and services surplus expanding to $27.3 billion amid improved trade balances across major trading partners
U.S. January retail sales declined 0.2%, beating market forecasts of a 0.3% drop, while core retail sales rose 0.3%, exceeding expectations and signaling resilient underlying consumer demand despite year-end base effects.
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US January Retail Sales Fall 0.2%, Beating Market Expectations (Update)
U.S. January retail sales declined 0.2%, beating market forecasts of a 0.3% drop, while core retail sales rose 0.3%, exceeding expectations and signaling resilient underlying consumer demand despite year-end base effects.
Kim Jong-gwan to Meet US Secretary Rutnick Over 'Surprise Tariff Hike'—'Will Discuss Solutions'
South Korea’s Trade Minister Kim Jong-gwan heads to Washington to meet US officials, seeking solutions after Trump’s proposed 25% tariff hike on key Korean exports.
US Core PCE Price Index Rises 0.2% in November, Matching Expectations (Update)
US core PCE price index rose 0.2% in November, matching forecasts, as both personal income and spending posted solid growth, signaling steady inflation trends.
Nvidia shares rallied nearly 2% after reports that the US Commerce Department will soon allow exports of its H200 AI chip to China, signaling a potential easing of tech restrictions and boosting market sentiment.
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US Publishes Retroactive 15% Tariff Cut on South Korean Autos in Federal Register
The US has announced a retroactive reduction of tariffs on South Korean automobiles from 25% to 15%, effective November 1, following new investment legislation and bilateral negotiations.
US Commerce Department to Release September PCE Data on December 5; Q3 GDP Advance Estimate Canceled
The US Commerce Department will publish September PCE data on December 5, while the Q3 GDP advance estimate has been canceled, signaling a shift in key economic data releases.
Presidential Office Says It Is Neither Optimistic Nor Pessimistic on Tariff Negotiations
South Korea's Presidential Office maintains a cautious stance on ongoing US tariff negotiations, citing uncertainty and withholding officials' return schedule as talks continue in Washington.
US Commerce Department Says 'Everything Will Be Completed by Friday (August 1)'
US Commerce Department sets firm deadline, stating all matters will be finalized by Friday, August 1, signaling decisive action on key issues.
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