Economic News, Page 4

As was widely expected PM May’s deal was met with a resounding rejection in the house of commons, with the margin of the parliamentary defeat the largest ever suffered by a government.

The Chinese economy is slowing down to multi-year lows. GDP growth was 6.4% y/y in 4Q18 was the lowest in 28 years. However, monthly indicators hold out a hope of a change in trend.

It’s not just China’s economy that the markets are concerned with. An end to the government shutdown and more progress on trade talks is needed.

Mortgage rates hold and is that the new bottom? The government shutdown and U.S – China trade talks will likely decide…

The Trump administration said that new estimates show the cost of the government shutdown will be twice as steep as originally forecast. The original estimate showed that the partial shutdown would subtract 0.1 percentage points from growth every two weeks. That estimate has now been doubled to a 0.1 percentage

Late Friday, President Donald Trump said he will make a “major” announcement on Saturday about the border and ongoing government shutdown. China offers to increase its annual import of U.S. goods by a combined value of over $1 trillion.

Although last week started with the focus on corporate earnings, the news primarily responsible for most of the gains were the Chinese government’s efforts to stimulate the domestic economy and reports that China is willing to make an effort to reduce its trade surplus with the United States in an

A weak earnings report from Morgan Stanley had US futures down about -0.35% in the early pre-market session. The UK FTSE 100 was the biggest loser in early Thursday trading, down more than -0.80% at midday. In Asia, the Hang Seng led the losses as traders and investors take advantage

A round of better than expected bank earnings has the US equity futures moving higher in the early morning session. The financial sector led the EU market at midday with gains averaging 1.0%. The Shanghai Composite closed with no movement, 0.0%, for the day while the Hong Kong Heng Seng

China on Tuesday signaled more stimulus measures in the near term. In the UK, Prime Minister Theresa May’s plan on how Britain should exit the European Union was overwhelmingly voted down in the House of Commons. According to the Federal Statistics Office (Destatis), Germany’s economy witnessed lackluster growth in 2018,

Despite the Brexit news, Asian stock markets remain supported by positive sentiment to China signaling more stimulus measures to come, including larger tax cuts, amid concerns of a slowdown in the world’s second-largest economy.

The major indices were indicated to open higher to start but quickly gave up those gains after the release of earnings from JP Morgan. In the EU markets were cautious on the expectation the UK Parliament would not accept Theresa May’s contentious Brexit deal.

Today, the British Parliament is set to vote on Theresa May’s Brexit deal. Most economists are forecasting that the majority of MPs will vote against it, which will certainly have a negative impact on the pound. On the other hand, approval for the deal would certainly come as a surprise

US indices were down moderately in the early pre-opening session on fear the longest government shutdown in history would impact economic activity. The weak trade data from China put pressure on global equities and had the EU market down more than -0.50% at midday. The Hong Kong Heng Seng index

Mortgage rates slide and applications surge, easing near-term concerns over the housing sector, with labour market conditions still a positive.

It’s a big week ahead, with the Brexit vote on Tuesday and a mass of data to give further direction on the global economy, as earnings season kicks off.

Several events influenced the U.S. Treasurys last week including US-China trade talks, the December U.S. Federal Reserve monetary policy minutes, comments from Federal Reserve Chairman Jerome Powell and U.S. consumer inflation data.

These are the two major issues investors will be facing next week with the U.S. government shutdown likely to have the greatest impact on the price action. Conditions could get particularly volatile if President Trump declares a national of emergency.

Chinese markets were mixed on the news. The EU equities markets were down on the news in midday trading but the losses were minimal. US equities were trading lower in the early pre-market session but the losses were small and indices were able to move up off of the lows

Several times after the global financial crisis, the markets went to a sharp peak, fearing the collapse of incentives.