Economic Highlights
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 07, 2019 According to the Bank of Jamaica (BOJ), “Growth in credit availability, as measured by the Credit Supply Index (CSI), moderated when compared to the previous quarter.” It was further indicated that, “the CSI moderated to 101.4 from 102.2 in the previous quarter and reflected a decline in credit supply to individuals
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: January 04, 2019 According to the latest report published by Eurostat, the statistical office of the European Union, “In November 2018, compared with October 2018, industrial production fell by 0.3% in the euro area (EA19) and by 0.4% in the EU28.” However, in October 2018 industrial production increased by 0.8% in both the euro
Date: January 04, 2019 United States: Stocks Rally Before Trade Talks; Safe Havens Slip: Markets Wrap Futures for the S&P 500 rallied with stocks across Europe and Asia as the U.S. and China prepared for fresh trade negotiations and the world’s second-largest economy moved to shore up growth. Havens slipped, with Treasuries falling before
Date: January 3, 2018 The Bureau of Labour Statistics reported that, “Unemployment rates were lower in November in 290 states, higher in 69 states and stable in 29 states when compared to last year. There were 104 areas with jobless rates of less than 3% while only 2 areas had rates of at least 10%.”
Date: January 03, 2019 United States: Powell and Trump Are Locked in a Battle for Wall Street’s Trust Jerome Powell has been sucked into a one-sided communication fight with Donald Trump, who blames the Federal Reserve chairman for losses in the stock market. Powell can’t match the president’s megaphone on social media. But he
Date: January 02, 2019 United States: U.S. Stock Futures Slide With European Shares After China Data U.S. stock-index futures extended declines after a gauge for manufacturing output in China fell into contraction territory for the first time since May 2017, fueling global growth concerns. March contracts on the S&P 500 Index fell as much as
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 The Bureau of Labour Statistics reported that, “unemployment rates were lower in November in 6 states and stable in 42 states and the District of Columbia.” Last year, there were eighteen states with jobless rate decreases and the District had little or no change. Whereas, no change was reported in the
