Date: August 7, 2019 United States: Bonds Jump as Central Banks Ease; U.S. Futures Dip: Markets Wrap “Bonds rallied globally in the wake of a series of dovish central-bank surprises that underscored growing concern over the outlook for growth. U.S. equity-index futures reversed a gain. The 30-year Treasury yield closed in on an all-time low
Date: August 5, 2019 United States: Trump Links Gun-Sale Background Checks and Immigration Overhaul President Donald Trump proposed combining stricter background checks for gun purchases with "desperately needed immigration reform" after the weekend deaths of 29 Americans in mass shootings in Ohio and El Paso, Texas. Trump, who faces charges that his anti-immigrant rhetoric helped
Date: August 2, 2019 United States: U.S. Jobs Report to Offer Litmus Test for Fed After Rate Cut “The next U.S. jobs report is more likely to embolden the Federal Reserve to keep this round of interest-rate cuts short and sweet, rather than validate investor views that the economy needs significantly more monetary easing. The
Date: July 31, 2019 United States: Fed Looks Locked In for Quarter-Point Cut: Decision Day Guide “The Federal Reserve is widely expected to lower interest rates by a quarter-point at its meeting that concludes Wednesday and leave the option open for additional moves despite demands by President Donald Trump for a “large” rate cut.
Date: July 30, 2019 United States: Trump Lashes Out at China as Trade Talks Resume; Stocks Fall “President Donald Trump lashed out at China for what he said is its unwillingness to buy American agricultural products and said it continues to “rip off” the U.S., just as the two nations resumed negotiations in Shanghai
Date: July 26, 2019 United States: U.S. Growth Slows to 2.1% as Trade Tensions Weigh on Businesses “U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports underscored the risks spurring the Federal Reserve toward an interest-rate cut next week. Gross domestic
Date: July 25, 2019 United States: U.S. Business-Equipment Orders Jump by Most Since Early 2018 “Orders placed with U.S. factories for business equipment posted the biggest gain in more than a year and shipments unexpectedly increased, suggesting corporate investment is regaining momentum despite tariffs and global weakness. A proxy for business investment -- non-military capital-goods
Date: July 24, 2019 United States: U.S. Negotiators Heading to China Monday for Talks “U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are set to travel to China Monday for the first high-level, face-to-face trade negotiations between the world’s two biggest economies since talks broke down in May. The White House confirmed Wednesday
Date: July 23, 2019 United States: Trump, Congress Clinch Debt-Limit Deal After Tense Negotiations “President Donald Trump announced a bipartisan deal to suspend the U.S. debt ceiling and boost spending levels for two years, capping weeks of frenzied negotiations that avert the risk of a damaging payments default. Congressional leaders pledged to support the bipartisan
Date: July 22, 2019 United States: Fed Leaning Toward a Quarter-Point July Rate Cut Led by Powell “Federal Reserve Chairman Jerome Powell and his colleagues look primed to cut interest rates by a quarter percentage point later this month, eschewing a bigger move in what would be their first reduction in borrowing costs in more
