May 17, 2018 United States: Treasury Yields Hit 3.1%; Customs Talk Roils Pound: Markets Wrap Ten-year U.S. Treasury yields hit 3.1 percent on Thursday, as global markets continue to grapple with the outlook for the world’s largest economy. The pound jumped but then erased the move amid conflicting reports over Britain’s future in the EU
May 16, 2018 United States: U.S. Economic Rebound More Tangible After Retail Data, Fed Gauge Forecasts for a second-quarter rebound in the U.S. economy became more of a reality on Tuesday. Consumers shrugged off rising gasoline prices last month, as U.S. retail sales rose in broad fashion amid a boost to paychecks from tax cuts,
May 15,2018 United States: As U.S. debt levels soar, euro zone bonds act as alternative Worsening government finances, a fragile currency, rising interest rates and heightened political uncertainty? U.S. Treasury bonds’ status as the world’s ‘risk-free’ asset looks shaky and euro zone debt may offer an alternative. Global investors looking to minimize risk — particularly
Date: May 14, 2018 Key Insurance Company Limited (KEY), for the first three months ended March 31, 2018 reported a 31% increase in net premiums written from $199.17 million to $261.60 million. This was as a result of a 31% increase in gross premiums written from $295.93 million to $387.66 million. Reinsurance cede for the first
May 14, 2018 United States: No, the U.S. Economy Isn’t Overheating Want ads for truck drivers to haul crude oil in Texas are touting salaries as high as $150,000 a year. Some nurses are getting $25,000 signing bonuses. The U.S. unemployment rate just fell to 3.9 percent, one tick away from its lowest since the
May 11, 2018 United States: The U.S. Yield Curve Is the Flattest Since August 2007 The Treasury yield curve from 5 to 30 years flattened Thursday to the lowest level since August 2007, as a combination of weaker-than-expected U.S. inflation and solid demand for a record bond auction bolstered investor confidence in owning long-dated securities.
May 10,2018 United States: KKR Co-Founder Expresses Optimism About U.S. Economy, Fed Moves Henry Kravis, co-founder of private equity firm KKR & Co., is upbeat about the U.S. economy this year and next, and says the Federal Reserve is doing the right thing getting back to normal. “Interest rates are starting up but they are still
May 09,2018 United States: Central Banks Sounding More Cautious as Fed Holds: Economy Week The Federal Reserve took a pass this week on raising interest rates while appearing ready as ever to pull the trigger amid quickening inflation. Central bankers in other parts of the world though are showing signs of cold feet on tightening
May 08,2018 United States: Trump to discuss trade with China's Xi as talks continue U.S. President Donald Trump said he will discuss trade with Chinese President Xi Jinping on Tuesday, as both sides continue talks after failing to reach a consensus at talks in Beijing last week. Trump announced the planned telephone call in a
May 07,2018 United States: U.S. protectionism may lead to rising global trade friction China’s commerce ministry said on Monday U.S. unilateralism and protectionism may lead to an escalation of global trade friction and could derail the pace of global economic recovery. China does not deliberately pursue a trade surplus, the Ministry of Commerce said in
