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 →
China announced on Thursday 6th February 2020 that it will halve tariffs on hundreds of U.S. products. China is reported to have said that tariff reductions for the relevant goods will take effect from the 14th February 2020. They were initially announced on the 1st September. Global markets climb GlobalRead More →
Just the slightest hint of positive news is all it takes to push markets up, especially in the U.S. Global growth worries? For all the understandable worries about the impact of the coronavirus – global growth outlook has been improving, monetary policies remain fluid and the U.S. earnings season, soRead More →
The United Kingdom actually reported a trade surplus yesterday, something it failed to achieve since the mid-1980’s. Trade surplus Data published by the Office for National Statistics (ONS) yesterday showed November’s trade surplus was £4031 million, a sensational record high and compares with a record £8145 deficit in March 2019.Read More →
U.S. President Donald Trump announced 31st December 2019 that he will be signing the U.S. – China Phase One trade deal on 15th January 2020 in Washington. The deal, is expected to reduce tensions between the two countries. The U.S. president said, the treaty would be signed in Washington inRead 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 14th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Market moving news roundup, 14th August 2019 Summary China – U.S. trade update China, reportedly, willRead More →
It’s a mad mad market when good news is bad and bad news is good If we are to believe that the global economy is weakening and slowing down, then why have stock markets rallied so dramatically this year, especially in the United States? We have a mad situation where,Read More →
Scheduled economic news most likely to move markets today China – consumer price data UK – manufacturing, trade balance and industrial production data due at: 09:30 (BST) UK – GDP – Gross Domestic Product figures due at: 09:30 (BST) Germany – bond auction U.S. Fed’s chair Powell speech due at:Read More →
Economic calendar 1st. July 2019 economic calendar main scheduled events likely to move markets today… General overview – markets futures climb. Relief ‘lift benefit’ from U.S. China restarting trade talks. China – PMI data U.S. – OPEC meeting Germany – Employment & PMI data due 09:00 (BST) UK – PMIRead More →