Economic News, Page

Brexit, U.S – China trade talks, the Robert Mueller Report and a mass of economic data will provide the markets with plenty to consider in the week ahead.

The muted response in reaction to lower yields and the dovish Fed was fueled by concerns that the central bank was actually trying to stay ahead of a gradually weakening U.S. economy.

The downward trend in mortgage rates continued. Applications were also on the rise. Continued concerns over the economy could begin to weigh, however.

Over the short-run, we could see a volatile two-sided response to the initial release of the report. After that it’s all up to the Democrats and whether they have enough evidence to impeach Trump or if they decide to put their efforts into beating him in the 2020 election.

While a Brexit extension cut the Pound’s losses for the week, risk aversion and a yield curve inversion drove demand for the Greenback and the Yen.

Growth fears weigh on equities as weak data and trade worry compounds negative sentiment.

The price action suggests traders will need a few more days and sessions to interpret the recent change in Fed positioning and to absorb the further developments with regard to trade and geo-political factors,

It’s a big day for the markets. Private sector PMI numbers out of Europe and the U.S will give some guidance on where the economy is heading.

Based on these comments, Powell falls smack in the middle of the S&P Global Ratings conclusion and the yield curve predictions. He doesn’t see a recession like the yield curve is predicting, but he doesn’t see a rate hike coming either.

Growth outlook, Brexit Chaos, and Trade fears weigh on global indices with no end to the turmoil in sight.

The Pound and Brexit now sits in the hands of EU member states. One vote against an extension and expect the Pound to tumble.

A 2019 pause on interest rate hikes by the FED may not be enough should U.S – China trade talks lack progress. It could be a telling end to the week.

Stocks broke early in the day because Trump’s comments confused some traders. These comments were on top of other mixed messages from his administration throughout the negotiations. Essentially, investors were prepared for a dovish Fed, but the news was even more dovish than they were expecting.

“The fed funds futures market is assigning a 47.8 percent probability of at least one rate cut by January 29, 2020,” according to the CME’s FedWatch tool. 

The FOMC statement is due out this afternoon and will move the market, one way or another.

The Dow Jones snaps a 4-day winning streak

Supporting the U.S. stock markets early in the session were the start of the U.S. Federal Reserve monetary policy meeting. Going into Wednesday’s key Fed announcements, investors are pricing in zero chance of a rate hike. Additionally, investors aren’t looking for much change in the central bank’s monetary policy statement.

FOMC meeting in sharp focus, Brexit Blocked, markets flat but big moves are in store.

The divergence between the Dow and the other major indexes can be explained by the plunge in shares of Boeing. However, as far as Facebook is concerned, investors have to remember that this stock began to weaken months before the broad-based sell-off began in October 2018. This is something to

One more hoop for the British government to jump through. Can Theresa May pull a rabbit out of the hat ahead of Thursday’s EU Summit?