Tag: us economy
Market Report: Focus on US Economy, Banking Worries Continue, Ad Giant...
• Cautious wait for US GDP snapshot to help assess if interest rates will rise further.
• Banking worries swirl as First Republic’s position becomes more precarious.
• Brent...
The Late Cycle Lament: The Dual Economy, by James Montier
Overoptimism and overconfidence are two well-known psychological traits of our species. They are particularly dangerous in the late stages of an economic cycle where...
‘Sharp Rises in the US Bond Market Sell-off Can Cause a...
Could the bond market sell-off create wider problems? This question has been a headache for analysts and economists worldwide, but it is now when...
Italy’s Budget Woes and Oil Prices Drop Shake Stock Markets Across...
Today's Global stock markets have opened decidedly mixed today as Asian and European market sentiment diverged. Asian stocks declined on the back of the...
Is the USDJPY Carry Trade Revival Underway?
Is the USDJPY Carry Trade Revival Underway?
For years, one of the most popular tools currency traders had was the Yen carry trade. Thanks to...
Collapsing Economic Expectations Stoke Dollar Slump
Collapsing Economic Expectations Stoke Dollar Slump
Financial markets continue to call the Federal Reserve’s interest rate bluff as evidenced by the latest rout in the...
GDP Revision Weighs on US Dollar
The US dollar was mildly weaker on Friday following a government revision of first quarter GDP showing the US economy contracted at the start...
US Retail Sales Unchanged in April
US retail sales stalled unexpectedly last month, a sign headwinds continued to soften the economic recovery at the start of the second quarter.
Retail sales...
US GDP Growth Slows More than Forecast in Q1
The US economy slowed more than forecast at the start of the year, as a strong dollar hurt exports and corporate earnings, while personal...
US Durable Goods Orders Jump in March, but Investment Falls
US durable goods orders rose more than forecast last month, but investment fell for a seventh straight month, a sign businesses were still concerned...
US Dollar Index Rebounds as Greek Debt Crisis Worsens
The US dollar rallied on Monday, although gains were limited ahead of a deluge of economic data, as the markets absorbed the growing possibility...
US Industrial Production Declines More than Forecast in March
US industrial production declined at the fastest rate in two-and-a-half years in March, raising fresh concerns about the economic recovery at the end of the...
US Housing Starts, Building Permits Disappoint in March
US housing activity remained subdued in March, as the impact of seasonal weather continued to weigh on housing starts, while building permits declined more...
US Retail Sales Rise at Fastest Rate in a Year
US retail sales increased in March for the first time in four months, although the increase was slightly below forecasts, suggesting that consumer confidence...
US Jobless Claims Point to Stronger Labour Market
US jobless claims rose less than forecast last week, signaling underlying strength in the labour market despite a significant drop off in job creation...
US Service Economy Slows in March: ISM
The US service economy expanded at a steady rate in March, as new orders and international business grew at a faster rate.
The Institute for...
US Economy Adds 189,000 Jobs in March: ADP
US employment growth cooled more than forecast in March, as the economy failed to add more 200,000 jobs for the first time in over...
US Q4 GDP Unrevised at 2.4%
US economic growth slowed in the fourth quarter, as weaker business spending and lower inventories weighed on economic activity despite a strong uptick in...
