Economic News, Page

It is a big week ahead, with corporate earnings, trade talks, Brexit and economic data in focus. There’s also the IFM meetings and the EU Summit.

Mortgage rates were on the slide, according to Freddie Mac, with a combination of lower rates and a strong labor market supporting mortgage applications.

It was a week for the bulls, with the European majors getting a boost from progress on Brexit and trade talks.

Brexit news and progress on the U.S – China trade talks drove demand for riskier assets in the week, pinning back demand for the Dollar and the Yen.

Global stocks rip higher following positive news about trade talks. But there is still no deal on the table.

Past meetings between Liu and Trump this year have yielded positive progress on trade. For example, after their meeting in January, China increased its soybean buying. And their February meeting resulted in a delay in tariffs.

“Big day of negotiations with China. They want to make a deal, but do I? I meet with the Vice Premier tomorrow at The White House,” Trump said in a tweet Thursday.

The Pound is on the move and it’s all down to a British Prime Minister who, at one point, looked to be on the ropes…

It’s a big day ahead on the geopolitical front. Progress on Brexit and U.S – China trade talks will be needed to support the majors.

Shares remain rangebound as traders await trade decision

Goldman Sachs reports 2019 third quarter earnings next Tuesday October 15 before the New York market open. Financial stocks in particular have been in the firing line as the FED interest rate path continues to point south and worries surrounding global growth escalate.

Global markets are mixed following a round of wildly disparate reports regarding the status of trade talks.

As Brexit uncertainty and no-deal Brexit risks hit orders, the economic outlook is deteriorating in the UK.

After the sharp break early in the session, Asian shares mounted a powerful comeback rally to turn higher for the day after the New York Times reported Wednesday evening stateside that U.S. President Donald Trump’s administration is set to grant licenses that would allow American firms to sell nonsensitive supplies

While we can expect German trade figures to influence, geopolitical risk remains the key driver. Pessimism weighed early in the day…

At its September meeting, Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend, even as they agreed to lower rates in response to growing risks to the U.S. economy.

The U.S. futures surge after reports China is willing to accept an interim trade deal if no more tariffs are imposed.

Now, just one day before the start of trade talks, reports from China are saying the Chinese delegation may cut short its planned stay in Washington and depart on Friday, dimming hopes for a trade deal.

While the futures point to a positive open, rising tension between the U.S and China on trade will test the markets, with a lack of stats to distract…

Global stocks fall as hopes for a trade deal fade and Brexit negotiations hit the rocks.