Before committing to significant investments or other choices, US businesses were looking for continuity in trade policy, Chicago Fed President Austan Goolsbee said. He added that President Donald Trump’s latest threat of 50% tariffs on European Union goods was a […]
The Fed needs to wait for the dust to clear Read More »
Business leaders are becoming increasingly concerned about the economic consequences of rising prices and trade uncertainty, suggested St. Louis Fed President Alberto Musalem. Key Quotes Business executives are trying to figure out how to manage uncertainty about supply chains, inventory,
Fed’s Musalem: Business expect higher prices Read More »
President Donald Trump outlined plans for a new defence system dubbed the “Golden Dome,” highlighting advanced technology, international interest, and a projected $175 billion cost. Key Quotes Making announcement about Golden Dome defence shield. Selected architecture for Golden Dome. Will
President Trump unveils ‘Golden Dome’ defence shield plans Read More »
Consumer confidence in the US declined in early May. One-year inflation expectation edged higher to 7.3%. US consumer sentiment weakened in early May, according to the University of Michigan’s preliminary survey. The Consumer Sentiment Index fell to 50.8 from 52.2
US UoM Consumer Sentiment Index is seen at 50.8 in May Read More »
The US Dollar gave back a big chunk of Monday’s strong gains on Tuesday, as markets weighed the implications of the latest US-China trade deal, easing inflationary pressures, and growing speculation that the Federal Reserve could cut interest rates in
Tariff developments and inflation in Germany come to the fore Read More »
In a very positive start to the new trading week, the Greenback edged sharply higher following a fresh bout of optimism on the trade front, all after the auspicious US-China trade talks over the weekend. Here is what you need
All the attention shifts to US Inflation data Read More »
The Greenback extended its recovery to two-week highs near 104.40 following tariff headlines over the weekend, while concerns over a potential US slowdown seem to have mitigated somewhat. Here is what you need to know on Tuesday, March 25: The
Focus shift to US confidence and German morale Read More »
The Greenback made a U-turn, building on Wednesday’s post-FOMC recovery and climbing to weekly highs as investors reassessed the Federal Reserve’s lack of urgency in cutting rates. Here is what you need to know on Friday, March 21: The US
Investors will look at Japanese inflation figures Read More »
Initial Jobless Claims rose below consensus to 223K. Continuing Jobless Claims climbed to 1.892M. US citizens filing new applications for unemployment insurance increased to 223K for the week ending March 15, as reported by the US Department of Labor (DOL)
Initial Jobless Claims increased to 223K last week Read More »
The Greenback managed to regain some balance and set aside three consecutive daily pullbacks after the Fed maintained its interest rates at its meeting, as widely anticipated. Here is what you need to know on Thursday, March 20: The US
The UK docket takes centre stage with the BoE and jobs report Read More »
