Economic News, Page 15

Global markets move lower as trade rhetoric escalates between the U.S. and China.

Boris Johnson continues to be favorite, while Michael Gove will need to get lucky to make it into next week… The 1st ballot is tomorrow.

With most major indexes in Asia and the U.S., for that matter, trading marginally up or down, the steep drop in Hong Kong’s Hang Seng Index stands out. For stock traders, Hong Kong’s continuing attractiveness as a base for international business is increasingly being questioned.

If you’re looking for a reason for the across the board reversals on Tuesday, look no further than position-trimming ahead of next week’s two-day Federal Reserve policy meeting.

It’s looking a bit bearish for the day ahead. Trade war tension continues to linger, which could test investor resilience on the day.

Core inflation came in stronger than expected

The global indices are moving higher on trade hopes, FOMC optimism, and a new round of stimulus from China.

Powell took the wind out of the argument for a recession because as you should know by now, the Fed is pretty powerful. With the stock market rallying and believe it or not, the President threatening more tariffs on China, stocks are on a roll again and within striking distance

U.S. President Trump and Chinese President Xi Jinping may meet at this month’s G-20 meeting, but based on China’s trade balance report, there doesn’t appear to be any urgency to strike an immediate deal to end the trade dispute. Friendly trade negotiations could begin, but it’s starting to look like

The futures markets are pointing to a positive open, but holding on may be another issue…

Monday mergers buoy US equities

The markets will have the final list of candidates in the leadership race, with the 1st ballot scheduled for 13th June.

Global markets extend last week’s rally as trade tensions ease.

With Germany on holiday today, it will be down to the CAC40 to follow the Asian majors into positive territory later this morning.

It’s another action-packed week ahead. Central bank chatter, trade, UK politics, and economic data will keep the markets on their toes.

Mortgage rates tumble as concerns over trade and the economic outlook drove demand for U.S Treasuries.

A shift in FED sentiment towards monetary policy and hopes of progress in trade talks drove the majors in the week.

Labor data was weaker than expected but still supported market action in early Friday trading.

This week’s stock market performance, in the wake of the on-going trade dispute between the United States and China, and the new tariffs on Mexico, clearly shows that investors are counting on the Fed and to a lesser-extent, the European Central Bank to cut rates or provide additional stimulus measures

On Tuesday, Powell made the jump from telling investors to be “patient” about the direction of interest rates to saying the Fed will “act as appropriate to sustain the expansion.” According to some, it’s not the current economic situation that is causing the worries, but rather the future due to