Date: November 12, 2018 United States: Fed Risks Backlash Reining in Economy Congress Wants to Rev Up The guardian of the punch bowl is at risk of becoming the punching bag. The Federal Reserve continued to signal at its meeting Thursday that “further gradual increases” in interest rates are coming for the “strong” U.S. economy.
Date: November 1, 2018 United States: U.S. Productivity Posts Best Back-to-Back Quarters Since 2015 Productivity gains in the U.S. posted the best back-to-back quarters since 2015, echoing a pickup in economic growth and offering some hope that faster expansion without stoking inflation is possible. The main measure of nonfarm business employee output per hour increased
Date: October 31, 2018 United States: Treasury Lifts Long-Term Debt Sales for Fourth Straight Quarter The U.S. Treasury Department will raise the amount of long-term debt it sells to $83 billion this quarter, again concentrating its increases of coupon-bearing debt on securities with five years or less to maturity. In its quarterly refunding announcement on
Date: October 30, 2018 United States: U.S. Plans More China Tariffs If Trump-Xi Meeting Fails, Sources Say The U.S. is preparing to announce by early December tariffs on all remaining Chinese imports if talks next month between presidents Donald Trump and Xi Jinping fail to ease the trade war, three people familiar with the matter said.
Date: October 26, 2018 United States: U.S. GDP Grows Above-Forecast 3.5% on Consumption, Inventories The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014. The annualized rate of gains in gross
Date: October 25, 2018 United States: U.S. Stock Futures Climb; Euro Holds Gains on ECB: Markets Wrap An equities rout that wiped out the year’s gains in U.S. stocks took a breather Thursday, as futures advanced and European shares steadied, even as Asia gauges extended declines. The euro rose after the European Central Bank held
Date: October 24, 2018 United States: Stocks Open Mixed After Boeing Beats; Oil Gains: Markets Wrap U.S. stocks opened mixed as upbeat corporate results from companies including Boeing Co. helped turn the earlier gloomy mood. European stocks rallied, while Asian shares slipped even as China’s gauge climbed. The dollar strengthened as the euro slumped. The
Date: October 23, 2018 United States: U.S. Futures Tumble on Peak Profit, Trade Concerns: Markets Wrap U.S. futures extended losses, with contracts on the Dow Jones Industrial Average off more than 400 points, after results from Caterpillar and 3M added to concern that corporate profits have peaked. The yen, gold and Treasuries all rose on
Date: October 22, 2018 United States: Are Jumpy U.S. Equities Hiding a Nasty Surprise? It was quiet out there in the markets—spooky quiet. All five of the calmest quarters for U.S. stocks in the past 20 years have occurred since the start of 2017. Then came Oct. 10-11, when markets were hit by a storm
Date: October 19, 2018 United States: U.S. Futures Gain as Europe Struggles; Dollar Dips: Markets Wrap U.S. equity futures rose, pointing to a stronger open in New York as European shares drifted lower and Asian peers were mixed. Treasuries were steady as the dollar edged down. Futures on the Dow Jones, S&P 500 and Nasdaq