January 29, 2018. United States: Treasuries Slide, Dollar Gains as Busy Week Begins: Markets Wrap U.S. Treasuries extended a selloff that’s taken yields to the highest since early 2014 as traders gear up for a hectic week of data and policy announcements. The dollar climbed and stocks edged lower as the euro, Swiss franc, yen
January 26, 2018. United States: Markets Are About to Get Ugly According to These Charts Optimism has peaked, according to two widely followed measures of U.S. economic sentiment. If history is any guide, bouts of equity volatility and plunging Treasury yields will soon follow. The U.S. Citi Economic Surprise index -- the rate at which
January 25, 2018. United States: U.S. Heads for 3% Growth Trifecta on Spending, Investment Punch The U.S. economy probably ended last year with the longest stretch of 3 percent-or-better growth since 2005. The $17 trillion question is, can it keep up this performance this late in the business cycle?Solid consumer spending, accelerating business investment and a housing rebound
January 24,2018. United States: Dollar Woes Deepen as Stocks Edge Up; Gold Rises: Markets Wrap There was no respite for the dollar on Wednesday, with the greenback extending the decline that’s taken it to the lowest level in three years. U.S. stock futures advanced as European equities nudged higher, and gold added to recent gains.
January 23, 2018. United States: IMF Says Global Growth Picking Up as U.S. Tax Cuts Take Hold The International Monetary Fund warned policymakers to be on guard for the next recession even as it predicted global growth will accelerate to the fastest pace in seven years as U.S. tax cuts spur businesses to invest. The fund
January 22, 2017 United States: This $4 Billion Manager Is Preparing for an Inflation Surprise Inflation is what could jolt the markets this year. At least that’s what the tactical asset allocation team at DNB Asset Management is preparing for. “Inflation surprising on the upside is the biggest risk,” Torje Gundersen, portfolio manager, said in
January 19,2018 U.S. : Dollar Pressured as Treasuries Steady; Stocks Gain: Markets Wrap The dollar hit the weakest level in three years and Treasuries stabilized after a recent selloff as investors weighed the prospect of a U.S. government shutdown and signs of inflation picking up. Stocks in Europe and Asia advanced and gold jumped. The
January 18,2018 U.S.: U.S.: Treasury Yield Hits 2.6%; Europe Stocks Mixed: Markets Wrap U.S. bonds extended a drop, with the 10-year Treasury yield climbing above 2.6 percent for the first time since March to help the dollar hold Wednesday’s gain. The euro strengthened while European stocks were mixed. The bond move was small but took
Asia: China luxury sales rebound as millennials snap up cosmetics, handbags: report Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, rose at the fastest pace in over half a decade last year and are poised to consolidate the gains in 2018, according to consultancy Bain & Co. That could provide
Asia: Xi Jinping’s Debt Clampdown Has Left a Trail of Dead Projects A pile of rusty pipes and materials are all that remain of Lanzhou New Area’s tram project. Only a year ago it was a flagship public-private partnership for the planned city in Central China, before it fell victim to President Xi Jinping’s debt
