Financial News for the Week of June 28, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK A light week on economic data was filled with Fed speeches and a trickle of news flow on the upcoming meeting between Presidents Trump and Xi. We do not expect to see a major breakthrough this weekend, but…
Financial News for the Week of June 21, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The biggest event this week was the Fed’s pivot away from patience. It is now poised to act in the event of a further deterioration in the outlook. This cheered markets, with stocks and bonds rallying. The…
Financial News for the Week of June 14, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK A potential trade war between U.S. and Mexico was averted, but global trade uncertainty remains. Despite markets pricing in rate cuts, domestic indicators suggest that the U.S. economy is on decent footing.…
Financial News for the Week of June 7, 2019
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Trade tensions continued to dominate economic headlines, with U.S.-Mexico taking center stage. It remains unclear if a deal can be reached by Monday. The US-China spat also resurfaced, with signs that it is…
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.…