The U.S. economy slowed more than expected with the GDP reading for the first quarter coming in at -5%. Analysts have suggested that the second quarter GDP could be down by as much as 40% 1 in 4 Americans have lost their jobs Data yesterday, 28th May 2020, showed U.S.Read More →
Tensions between the U.S. and China flared up further again today. China reportedly rejected a U.S. proposal for the Security Council to meet over the issue, whilst U.S. secretary of state Mike Pompeo declared that Hong Kong is no longer autonomous from Beijing. This morning China is also reported to have approved the controversialRead More →
Australia cuts key interest rate The Reserve Bank of Australia cut its key Bank Rate by 0.25% to a new record low of 0.75%. The economy grew at its slowest pace in Q2 2019 for a decade. Other market moving news roundup China celebrates 70 years of Communist rule withRead More →
Market moving news daily roundup – events & news likely to move markets 16th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Market moving news roundup, 16th August 2019 FTSE fails to open FTSE fails to openRead More →
Main scheduled daily economic news and data most likely to move markets today, 16th August 2019 Japan – foreign investment data due South Korea – trade balance data due Hong Kong – GDP data due at: 09:30 BST EU – trade balance data due at: 10:00 BST U.S. – housingRead More →
Market moving news daily roundup – events & news likely to move markets 15th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Market moving news roundup, 15th August 2019 Bond yields Yesterday investors took fright at theRead More →
Market moving news daily roundup – events & news likely to move markets 13th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Market moving news roundup, 13th August 2019 Summary Singapore cuts GDP forecast Asian markets slip overnight.Read More →