Economic News, Page

  • US Economy

    Dollar Falls as Demand for Risk Rises as New Tariffs Not as Bad as Previously Feared

    The financial markets are showing almost no response to the news that China will institute new tariffs of U.S. goods worth $60 billion, according to a Reuters report. The new tariffs of between 5 percent and 10 percent will be placed on a list of 5,207 U.S. products on September

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  • market growth

    Markets Reversed to Growth, Despite New Tariffs on China Import

    Trump’s administration announced the introduction of 10%-tariffs for Chinese imports to $200 billion. The news had a moderately negative impact on the markets. The dynamics are limited, as the information about these measures appeared on Monday, which took from MSCI about 1% on Monday. We see something like the traditional

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    Aussie Dollar Trades Higher Following Release of Tame RBA Minutes, Muted Response to Fresh U.S Tariffs on China

    Asia stock markets are posting mixed results early Tuesday in response to an escalation in trade tensions between the United States and China. The reaction is more muted than previous reactions. This could be a sign that investors have accepted the possibility of a prolonged trade war and have learned

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  • Trade War

    Will China Retaliate by Attacking U.S. Manufacturing Supply Chains, or Start “Trade Cold War” with Silence?

    The markets have gotten off to a sluggish start on Monday with traders seemingly held hostage by the widely anticipated announcement of additional tariffs on China. This round of tariffs feels a little different than the others. Perhaps investors have grown accustomed to the event. Perhaps investors have already learned

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  • stocks lower

    Emerging Markets Rebound Seems Over, Global Stocks Mostly Lower and Dollar Firms on Renewed Trade Worries

    Asian markets have turned to a decline with a renewed force. After the rebound of last week, the index MSCI Asia ex Japan loses 1.2% and is only 1.5% above the 14-month lows. Futures for S&P500 have returned to 2900 area, lost 0.4% from Friday’s intraday highs. The pressure on the markets

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  • The Collapse of Lehman Brothers – Ten Years Later

    The Collapse of Lehman Brothers – Ten Years Later

    Lehman Brothers collapsed ten years ago. The event had historical, seismic repercussions on other institutions and triggered the markets spiraling into one of the worst financial crises. Now, a decade later, predictions start to appear as when the next crisis will hit again.JPMorgan Chase & Co, one of the most

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  • Risk Ahead Flight to Safety

    The Week Ahead – Trade, Brexit and Economic Data in Focus

    On the MacroFor the Dollar, economic data for the week ahead includes September NY State and Philly manufacturing PMI numbers due out on Monday and Thursday, August building permits, housing starts and existing home sales, due out on Wednesday and Thursday, with U.S September prelim private sector PMI figures due

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  • mortgage rates

    U.S Mortgages – Up Again to Make it 3-In-A-Row

    U.S mortgage rates rose for a 3rd consecutive week, in the week ending 13th September, with mortgage rates hitting their highest levels since the beginning of August, 3 weeks of rises reversing 3 previous weeks of decline.According to Freddie Mac, mortgage rates are sitting 0.82% higher year-on-year, which is the

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  • Gold Bars and Dollar

    Gold, Crude Finish Week Higher Despite Rocky Two-Sided Trade

    U.S. West Texas Intermediate crude oil was one of the most active futures contracts last week. The market opened on Monday at $67.64, rallied to $70.89 by Wednesday then broke back to $67.79 on Friday before rebounding into the close.From the opening, the futures contract traveled up $3.25 then down

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  • US Economy

    U.S. Equity Markets Finished Mixed, 10-Year Yields Move Above 3 Percent in Relatively Quiet Sessions

    The major U.S. equity indexes finished mixed on Friday. Investors said gains were kept in check after Bloomberg News reported that Trump told aides to proceed with slapping tariffs on the $200 billion worth in Chinese goods. But the price action suggests investors may be realizing that the trade negotiations

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  • U.S. Trade Deal

    China Retail Sales Soar 9% in August; Trump Says U.S. Under No Pressure to Make Trade Deal

    After Thursday’s U.S Consumer Inflation report, all eyes shifted to early Friday’s economic reports from China. And from what I can see, there were no major surprises with most reports coming out slightly better than expectations.In China, Fixed Asset Investment came in at 5.3%, slightly below the 5.5% forecast. Industrial

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  • Sept. Rate Hike Still On the Table, but Lower CPI Could Slow Pace of Future Fed Rate Hikes

    Weaker-than-expected U.S. consumer inflation data is helping to generate most of the activity in the markets on Thursday. This news is having an effect on U.S. Treasury yields which is helping to fuel a reaction in the U.S. equity and Forex markets. Forex traders are also reacting to central bank

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  • Turkish Liras

    Australian Dollar Jumps on Sharp Rise in Employment, No Surprises from the BoE and ECB, TRY Jumps as CBRT Increases Rates

    The Bank of England and the European Central Bank did not deliver any surprising news on Thursday, both banks kept interest rates unchanged. As expected, the BoE left its rate on 0.75%, the ECB kept its record low rates at 0.00%.The Turkish Lira strengthens 2.87% versus the US dollar after

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  • Source:

    Juventus – The Bold Lady

    It was the beginning of July, at a time the World Cup was keeping millions of football fans worldwide glued to their TV screens, that the first rumors started to swirl about the most famous football player worldwide, Cristiano Ronaldo, making a surprise move from Real Madrid to Italian club Juventus.It was a bold move on the part of ‘the old lady’, how Juventus

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  • global stocks rise

    Strong Data Supports U.S. Markets and Limits EM Decline, Oil Rises on Hurricane Florence’s Threat

    Stocks of the Emerging Markets remain under pressure on Wednesday morning, with positive sentiments prevailing in American markets following strong macroeconomic statistics. MSCI for Asia-Pacific region has been updating its lows since July 2017, losing 0.5% on Wednesday. Hong Kong’s Hang Seng loses 0.2% but is also in the area of 14-month lows.

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  • SEC

    United States’ SEC Wants to Monitor Social Media Platforms

    The U.S. Securities and Exchange Commission (SEC) is exploring options for a new software to detect and track market moving posts on social media platforms. The platforms would include Twitter, Facebook as well as others, and the purpose would be for the posts to be reported directly to the SEC.Companies around the

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  • apple shares

    Watch Apple September Event Live – Apple Shares Boost Technology Sector Ahead of Wednesday’s Major Marketing Event

    A rebound in technology stocks sent U.S. equity markets higher on Tuesday, offsetting concerns over an escalation of the trade dispute between the United States and China. A surge in crude oil prices also helped lift the energy sector. Gains were spread between numerous sectors and individual equities.The Apple annual

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  • asian stocks

    Asian Stocks Dip On Report China Will Ask WTO for Permission to Impose Tariffs on US

    The major indexes in Asia are under pressure on Wednesday, failing to follow Wall Street’s higher lead from the previous session. Stocks are being pressured overnight on the back of the news that China will be making a request to the World Trade Organization (WTO) to impose sanctions on the

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  • Bull Market

    Increased Demand for Risk Underpinning Stocks, Pressuring U.S. Dollar

    Asia stock markets are trading higher Tuesday, underpinned by a firm U.S. session on Monday. The markets are being boosted by a White House announcement that it was in the process of coordinating a second meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un.At 0423 GMT,

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  • Stock Chart Up

    Technology Stocks Rebound After Four-Day Retreat

    A rebound in technology stocks helped drive the NASDAQ Composite and the S&P 500 Index higher on Monday, snapping four-day losing streaks. The technology sector was hit particularly hard last week as investors expressed concerns over the possibility of stronger regulation for social media companies by dumping shares of Facebook

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