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July 13, 2021
Kicks off in earnest to soon and also we have inflation data out in the us today as well. keep an eye out for that. now you are up—to—date and have a good day and i will see you soon. hello there. we had some pretty impressive downpours across different parts of the country on monday. the radar picture shows one of these bands of heavy rain working into north—east england, particularly north yorkshire, and then we had this second band of rain across the west london area. now in kew, in wes...
June 13, 2021
Investors will keep a close tab on whether Jerome Powell will stick with the Fed's dovish stance as optimism in America’s economy grows.
June 13, 2021
The ringgit is likely to trade in a range of 4.09 to 4.11 level next week as Malaysia aims to achieve the target of injecting 150, 000 doses of vaccine daily, said an analyst.
June 13, 2021
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Federal Reserve’s much awaited interest-rate meeting this week is just one of a panoply by global central banks whose policies are increasingly diverging as economies respond in different ways to the coronavirus crisis.An anticipated decision in Washington on Wednesday to stay the course with an easing stance for the duration of the American summer may only underscore how wha...
June 13, 2021
Necks will work themselves out. investors will be listening carefully for any change in the messages on this. last week the s&p 500 hit a record high despite the latest inflation data .
June 12, 2021
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.The Federal Reserve’s much awaited interest-rate meeting this week is just one of a panoply by global central banks whose policies are increasingly diverging as economies respond in different ways to the coronavirus crisis.An anticipated decision in Washington on Wednesday to stay the course with an easing stance for the duration of the American summer may only underscore how wha...
June 10, 2021
Ahead of Thursday's inflation data, the White House is confident the economic recovery will continue, with sources highlighting recent analysis — including from Goldman Sachs — that inflation will remain transitory.Why it matters: The monthly release of the Consumer Price Index will add fresh fodder to the debate about whether inflation will be short-term or part of a long-term, and dangerous, cycle. Republican critics are already seizing on the topic.Get market news worthy of...
June 10, 2021
Asian markets rose Thursday ahead of US inflation data and a European Central Bank meeting, while traders also tracked China-US relations after Joe Biden dropped a Trump-era bid to ban TikTok and WeChat.
June 10, 2021
An upside surprise could prompt the Fed to start tapering its pandemic stimulus
June 10, 2021
S&P 500 futures turned negative on Thursday after inflation data for May showed a bigger-than-expected increase, while weekly jobless claims dipped less than estimated. At 8:33 a.m. ET, Dow e-minis were up 38 points, or 0.11%, S&P 500 e-minis were down 3.75 points, or 0.09% and Nasdaq 100 e-minis were down 56.75 points, or 0.41%.