June 17, 2019 Lasco Financial Services Limited (LASF) has advised that two connected parties purchased a total of 494,021 LASF shares and that a Senior Manager sold 400,000 LASF shares. These transactions were conducted during the period June 11 to 13, 2019. Analyst Certification -The views expressed in this research report accurately reflect
June 17, 2019 United States: Why a Trump-Xi Truce at G-20 Isn’t a Slam Dunk The suspense is building ahead of the Group of 20 summit in Japan next week, with many analysts and investors betting that Presidents Donald Trump and Xi Jinping will meet on the sidelines and agree to resume the trade
United States: U.S. Retail Sales Post Broad Rise in Challenge to Fed-Cut Case U.S. retail sales posted a broad-based gain in May and the prior two months were revised higher, suggesting consumer spending is healthy enough to limit the case for a Federal Reserve interest-rate cut in the near term. The value of overall sales
United States: U.S. Core Inflation Cools, Bolstering Case for Fed Rate Cut A closely watched measure of U.S. inflation trailed forecasts in May as prices fell for used vehicles, reinforcing the case among investors for the Federal Reserve to cut interest rates. The core consumer price index, which removes energy and food costs, rose 2%
United States: A Fed Rate Cut Looks More Likely. The Question Is When and by How Much Federal Reserve Chairman Jerome Powell and his colleagues face three decisions when it comes to reducing interest rates: whether to do it, when to do it, and by how much. Fed watchers say an unexpectedly weak reading on
United States: U.S. Jobs Rise 75,000, Missing Forecasts as Wage Gains Cool U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and likely boosting calls for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth. Payrolls rose 75,000 in May after a
United States: U.S. Trade Deficit Narrows as Exports, Imports Both Plummet The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump’s tariffs even before negotiations with China unraveled and he threatened levies on Mexican goods. The deficit in goods and services shrank to $50.8 billion,
United States: Fed Inches Toward Rate Cut as Trade War Frays Patience The Federal Reserve’s top policy makers aren’t yet ready to cut interest rates, but worsening trade tensions are nudging them in that direction. In separate comments Tuesday, Fed Chair Jerome Powell and his No. 2, Richard Clarida, reassured nervous investors they’re watching closely
United States: U.S. ‘Disappointed’ Over China’s Fingerpointing on Trade Rift The Trump administration on Monday expressed disappointment that China blames the U.S. for the failure of trade talks between the two countries. “It is important to note that the impetus for the discussions was China’s long history of unfair trade practices,” the Treasury Department and
Date: May 31, 2019 United States: Fed's Preferred Core-Price Gauge Picks Up as Spending Gains A crucial measure of U.S. inflation watched by the Federal Reserve picked up in April for the first time this year while Americans’ spending and incomes topped forecasts, offering some evidence that economic growth is both holding up and helping
