Date: October 22, 2019 United States: Trump Says China Signals Trade Talks on Target for November Deal “President Donald Trump said China has indicated that negotiations over an initial trade deal are advancing, raising expectations the nations’ leaders could sign an agreement at a meeting next month in Chile. “They have started the buying,” Trump
October 18, 2019 United States: U.S. Futures Drift Amid Earnings; Dollar Drops: Markets Wrap “U.S. equity-index futures fluctuated alongside European stocks as earnings season rolled on and investors reviewed a mixed bag of economic data from China. The dollar edged toward its weakest close since July and the pound drifted. Contracts on all three major
October 16, 2019 United States: U.S. Retail Sales Unexpectedly Drop in Sign Consumer Shaky “U.S. retail sales unexpectedly posted the first decline in seven months, suggesting consumers are starting to become shaky as the main pillar of economic growth and potentially bolstering the case for a third straight Federal Reserve interest-rate cut. Treasuries rose and
October 15, 2019 United States: Fed’s Bullard Wants Rate Cuts Considered Amid Downside Risks “Federal Reserve policy maker James Bullard said his colleagues should think about cutting interest rates again to guard against threats to the economy such as the U.S.-China trade dispute. While declining to predict the outcome of this month’s meeting, the Federal
October 14, 2019 United States: U.S. Payrolls Revisions Are More Reliable, Fed Study Shows “Revisions to monthly U.S. payrolls figures have become more reliable over the short term while those on industrial production have become less so, according to a Federal Reserve study that finds that policy makers could build such evolutions into their real-time
October 11, 2019 United States: U.S. Payrolls Revisions Are More Reliable, Fed Study Shows “Revisions to monthly U.S. payrolls figures have become more reliable over the short term while those on industrial production have become less so, according to a Federal Reserve study that finds that policy makers could build such evolutions into their real-time
October 10, 2019 United States: U.S. Consumer Prices Trail Forecasts as Used-Car Costs Drop “A key measure of U.S. consumer prices rose by less than expected in September as used-car costs fell by the most in a year, potentially bolstering the case for the Federal Reserve to cut interest rates for the third time in
October 9, 2019 United States: U.S. Loses Top Spot to Singapore in Competitiveness Rankings “The U.S. dropped from the top spot in the World Economic Forum’s annual competitiveness report, losing out to Singapore. Hong Kong, the Netherlands and Switzerland made up the rest of the top five, according to the WEF survey published on Wednesday.
October 8, 2019 United States: Core U.S. Producer Prices Fall Most in More Than Four Years “A measure of underlying U.S. producer prices posted the biggest monthly drop in more than four years, adding to signs of tame inflation pressures that potentially offer Federal Reserve policy makers more leeway to lower interest rates. The dollar
October 7, 2019 United States: Trump’s Peril Intensifies as More Whistle-Blowers Come Forward “President Donald Trump faces new peril heading into this week -- not just from Democrats seeking to impeach him but from his own administration, as there are now at least two whistle-blowers coming forward to talk about his actions. There’s doubt over
