United States: U.S. Consumer Prices Trail Estimates, Testing Powell's View A key measure of U.S. consumer prices rose by less than expected in April on lower used-car and apparel costs, testing the Federal Reserve’s message that muted inflation will prove transitory while giving President Donald Trump more ammunition to argue for an interest-rate cut. The
Date: January 14, 2019 United States: Stocks Fall, Bonds Climb as China Data Disappoints: Markets Wrap U.S. equity futures followed stocks in Europe and Asia lower on Monday as China trade data showed a worse-than-expected slump, reigniting concerns about global growth. Treasury yields fell and the dollar held steady. Futures on the Dow, Nasdaq and
Date: January 11, 2019 United States: U.S. Shutdown Could Hit Labor, Capex Numbers, Pimco Says About that U.S. shutdown. “It’s only a matter of time before we start to see this in the real economy,” Mark Kiesel, chief investment officer of global credit at Pacific Investment Management Co., told Bloomberg Television Thursday. That includes the
Date: January 10, 2019 United States: U.S. Pushes China on Promises After ‘In-Depth’ Trade Meetings The Trump administration is pushing for a way to make sure China delivers on its commitments in any deal the two nations reach to defuse a trade war that has roiled financial markets and dimmed the outlook for global growth.
Date: January 8, 2019 United States: U.S.-China Talks Near Close With Positive Signs From Both Sides Chinese authorities planned to give a statement following the latest round of U.S. trade talks on Tuesday in Beijing, after both sides signaled progress toward resolving a conflict that has roiled markets. “The talks are still underway and I
Date: January 7, 2019 United States: Shutdown Puts $200 Million a Day in Federal Contracts at Risk If recent history is any guide, federal contractors could be out more than $200 million a day in lost or delayed revenue from the partial government shutdown, based on data compiled by Bloomberg. The companies run the
Date: December 27, 2018: United States: Treasuries May Have to Wait Until After New Year for Resolutions Perhaps the best that can be said of a painful year across financial markets is that there’s room for improvement in 2019. It’s less clear exactly what might pull investor sentiment, and Treasury yields, off the current lows.
Date: December 27, 2018: United States: U.S. Futures Slump Back, Denting Epic Stock Rally: Markets Wrap The biggest one-day rally in American equities since 2009 faded into memory as U.S. stock-index futures tumbled alongside European shares on Thursday. Treasuries climbed, as oil and the dollar gave up some of the previous session’s advances. Contracts on
Date: December 24, 2018 United States: U.S. Stock Futures Decline; Treasuries, Gold Gain: Markets Wrap U.S. stock futures gave up earlier gains as investors remained on edge over the turmoil in Washington after the worst week for equities in almost a decade. The dollar fell with European and Asian shares. Futures on the Dow, S&P
Date: December 21, 2018 United States: U.S. Stocks Fall as Shutdown Woes Add to Fed Angst: Markets Wrap Volatility gripped financial markets a day after the Federal Reserve sent shock waves across assets, with the rising threat of a government shutdown adding to a litany of concerns buffeting equities. The dollar sank with crude oil.