Economic News, Page 3

In China, factory activity contracted for the sixth straight month in October. The official Purchasing Managers’ Index (PMI) came in at 49.3 for October. In the United Kingdom, Prime Minister Boris Johnson and main opposition leader Jeremy Corbyn begin their first full day of campaigning Thursday ahead of what promises

Business confidence in New Zealand picked up after hitting a 10-year low last month, according to a survey by ANZ. China’s manufacturing sector continued to dwell in the doldrums in October, with sentiment among factory operators remaining in negative territory for the sixth month in row. The Bank of Japan

On Draghi’s last day, the Eurozone’s 3rd quarter GDP numbers are due out. A busy economic calendar and corporate earnings will influence on the day.

Well investors won’t have to worry anymore about a trade deal being signed or not being signed in Chile next month. The decision by Chile to cancel the summit brings up the question of when the leaders of the U.S. and China will meet to sign a much-needed trade deal.

“We see the current stance of monetary policy as likely to remain appropriate as long as incoming information about the state of the economy remains broadly consistent with our outlook,” Powell told reporters at his post-meeting news conference.

Since the rate cut was widely anticipated by the financial markets, and economists had predicted the central bank would hit the pause button in December, traders showed little reaction to the news.

Geopolitical risk continues to test market risk sentiment. As one risk abates, another is just around the corner. Celebrating progress in trade talks may prove premature…

Global markets tread water while traders wait on the FOMC policy statement and some key data later this week.

It’s a busy day ahead. Corporate earnings and economic data will influence and then there’s the FED and Brexit to also consider…

The Fed is expected to cut rates by 25-basis points

Global markets pull back after the S&P 500 set a new all-time high. Earnings and trade remain in focus. And the FOMC. And the data. It’s going to be a busy week.

Embattled Hong Kong leader Carrie Lam said on Tuesday she expected the Asian financial hub to record negative economic growth this year, in part as a result of the unrest, according to Reuters.

The majors could be tested ahead of tomorrow’s FOMC monetary policy decision. While progress on trade talks have been made, tariffs remain…

Stocks break out and set all time highs

Markets rise on trade hopes, the S&P sets a new all-time high, and uncertainty remains the number one focus of investors.

The major Asia Pacific stock indexes traded higher on Monday with most of the price action driven by optimism that the United States and China were close to finalizing “phase one” of a partial trade deal. China’s National Bureau of Statistics reported on Sunday that profits at the country’s industrial

David Morris, CEO London, discusses the bold ambitions of the Fintech firm in Europe and shares his insights on a rapidly changing industry.

With no majors stats for the majors to consider, corporate earnings and Brexit remain in focus.

The upcoming weak will feature a mix of earnings, economic indicators and an interest rate decision from the Fed. Investor reaction to these events could determine whether the S&P 500 sets a record.

Offsetting the fresh concerns over Brexit was an improvement in investor sentiment around ongoing negotiations between the United States and China. The International Monetary Fund released new projections last week that showed growth in Asian economies could be slower than expected.