The Market news you need to know for the week by Blackmount Advisors.
US earnings, EU Summit and Brexit, US retail sales and industrial production, Chinese data, annual meetings of World Bank and IMF and Japan’s inflat...
- October 2, 2019
- Markets
Stocks close lower as U.S.-China trade war fears reignite.
U.S. stocks closed lower Thursday, with the Dow Jones Industrial Average falling as much as 390 points at its low, as investors focused on U.S.-China ...
- September 25, 2019
- Banking
Interest rate cut more likely due to Brexit uncertainty, says Bank.
Bank of England leaves rates on hold but signals that could change in near future. Brexit uncertainty and the slowdown in global growth has wea...
ECB cuts its deposit rate, launches new bond-buying program
Key Points The central bank’s quantitative easing program will entail 20 billion euros per month of asset purchases for as long as it deems necessar...
- September 11, 2019
- Economy
German factory output drops as economic gloom deepens.
Factory production in Germany dropped in July, highlighting the weakening state of the eurozone’s biggest economy as it teeters on the brink of rece...
What you need to know for the week ahead.
US jobs report, factory orders and non-manufacturing PMI, Brexit, central bank meetings from RBA and BoC, Eurozone retail sales, Germany’s industria...
- August 27, 2019
- Economy
Eurozone Slower growth dynamics and the emergence of a two-tier economy.
GROWTH dynamics in the eurozone have receded substantially in the last few quarters, indicating that the region has likely passed the peak of the curr...
- August 5, 2019
- Economy
IMF lowers global growth forecasts amid trade, Brexit uncertainties.
WASHINGTON/SANTIAGO (Reuters) – The International Monetary Fund on Tuesday cut its forecast for global growth this year and next, warning that f...
- August 5, 2019
- Economy
Euro area: Weak growth not enough to lift inflation
While Euro-area GDP continues to grow, the pace of growth is not enough to lift inflation to the ECB’s target. The ECB increasingly realizes this an...
- July 17, 2019
- Economy
UK GDP grows 0.3% in May as car production rebounds from pre-Brexit shutdowns.
Economy gets temporary boost from steep rise in car production after slump in April as plants were closed in anticipation of Brexit chaos. Britain’s...
