Read more
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

New York FED: Weekly Economic Index (WEI) declines further

17:18 19 May 2020
The Weekly Economic Index (WEI) provides a signal of the state of the U.S. economy based on data available at a daily or weekly frequency. It represents the common component of ten different daily and weekly series covering consumer behavior, the labor market, and production.
 
The WEI is currently -11.70 percent, scaled to four-quarter GDP growth, for the week ended May 16 and -10.37 percent for May 9; for reference, the WEI stood at 1.58 percent for the week ended February 29.
 
The WEI for the week of May 9 was revised upward following the release of the staffing index, which was more positive than previous data. The decline in the WEI for the week of May 16, relative to this revised number, was driven by decreases in retail sales and consumer confidence and a modest fall in steel production. These releases reversed positive moves seen in all three series in the prior week.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Back

Market News

08.07.2025
07:20

Economic calendar: Canada’s Ivey PMI Index 🎯

Today’s macro calendar is relatively light. Noteworthy publications include the Ivey PMI from Canada and the interest rate decision in Romania. For...

 06:43

Morning Wrap (08.07.2025)

Indices across the Asia-Pacific region are gaining during the second session of the week, with increases ranging from 0.30% to 0.90%. Trump...
07.07.2025
18:54

Daily summary: tariff suspension extended to August 1 📃

U.S. indices are losing ground in the first session of the week, following the extended Independence Day weekend. Despite the extension of...
More news

Join over 1.6 Million investors from around the world

Start investing Download the app Download the app