Financial News
Financial News for the Week of May 31, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S.-China trade tensions continued to dominate headlines as both countries dig in for another round of negotiations under more strained circumstances. U.S. tariffs against Mexico appear to also be in the…
Financial News for the Week of May 24, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Pessimism dominated markets this week, as negative headlines about U.S.-China trade relations continued. UK PM Theresa May announced her resignation after repeated attempts to get her negotiated Brexit deal…
Financial News for the Week of May 17, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Equity markets rebounded this week as the U.S. administration delayed its decision on auto tariffs for six months. Housing starts and retail sales data for April support the narrative of healthy domestic…
Financial News for the Week of May 10, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Effective today, the U.S. increased tariffs to 25% on $200bn worth of Chinese imports.The threat to extend a 25% tariff to virtually all Chinese imports “shortly” remains. This comes even as the two sides…
Financial News for the Week of May 3, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Apart from vehicle sales, recent data paint a positive narrative for consumer-related industries at the start of spring. Real consumer spending and pending home sales surged in March, while consumer confidence…
Financial News for the Week of April 26, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The American economy grew by 3.2% in the first quarter of 2019, comfortably beating market expectations. However, the strength was driven by inventories and net exports, while domestic demand growth weakened.…
Financial News for the Week of April 18, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Spring is coming to the U.S. economy after a tough winter. An impressive bounce back in retail sales in March indicates that consumer spending will bounce back in the second quarter after a disappointing…
Financial News for the Week of April 12, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Inflation pressures remain benign, as headline consumer prices rose just 1.9% year-on-year in March, and core prices came in at 2.0%.These numbers reinforce the Fed’s ‘patience’stance that was reiterated in its…
Financial News for the Week of April 5, 2019
HIGHLIGHTS OF THE WEEK Progress on U.S.-China trade negotiations helped support risk appetite this week, with equity prices and yields up. February retail sales fell 0.2% month-on-month, but an upgrade to January made it more palatable. On the…
Financial News for the Week of March 29, 2019
HIGHLIGHTS OF THE WEEK The U.S. economy expanded at a slower pace than previously reported in the fourth quarter (2.2% vs. 2.6%). This left annual average growth at just below the 3% mark, though Q4/Q4 they were just able to hit that psychological…