blackmount

October 29, 2019
Bussiness , Markets
Comments : 0

US earnings, Brexit, central bank meetings from US and more will dominate the market.

US earnings, Brexit, central bank meetings from US, Japan and Canada, US jobs report, preliminary GDP data for Q3 in US and Eurozone, US personal income and spending figures, the core PCE price index and Eurozone inflation will dominate the market. In US, the Fed is widely expected to reduce i...

October 23, 2019
Markets
Comments : 0

News that will dominate the week ahead.

US earnings, Canadian election, ECB Meeting, US durable goods orders, and preliminary services and manufacturing PMI’s in Europe and US will dominate the week. In Eurozone, ECB will announce its latest policy decision on Thursday. The ECB is widely expected to keep policy unchanged and Draghi’s ...

October 16, 2019
Bussiness , Markets
Comments : 0

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 inflation data will dominate the week. EU leaders will meet in Brussels on Thursday and Brexit is expected to influence the discussions as the October 31 de...

September 25, 2019
Banking
Comments : 0

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 weakened the economy and made an interest rate cut more likely, the Bank of England has said. The central bank said interest rates would remain at 0.75% ...

September 18, 2019
Banking , Markets
Comments : 0

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 necessary. The ECB also cut its main deposit rate by 10 basis points to -0.5%, a record low but in line with market expectations.The European Central Bank (EC...

September 11, 2019
Economy
Comments : 0

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 recession. Industrial output in July fell 0.6 per cent from the previous month, improving on a revised decline of 1.1 per cent in June but off the expecte...

August 5, 2019
Economy
Comments : 0

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 further U.S.-China tariffs or a disorderly exit for Britain from the European union could further slow growth, weaken investment and disrupt supply cha...

September 26, 2018
Bussiness
Comments : 0

Eurozone manufacturing dragged down by trade frictions

LONDON (Reuters) – Euro zone manufacturing growth slowed to a near two-year low in August as optimism dwindled amid growing fears of an escalating global trade war, a survey showed on Monday. However, this edition of the survey should be treated with some caution. It only represents about 70 p...

September 5, 2018
Economy , Politics
Comments : 0

Raab toughens stance on Brexit ‘divorce bill’

Raab toughens stance on Brexit ‘divorce bill’, says UK may not pay £39bn if trade talks stall – as it happened. Dominic Raab, the new Brexit secretary, has signalled that the government will toughen its stance on the Brexit “divorce bill”, and that it wants the right to withhold s...

August 2, 2018
Economy , Politics
Comments : 0

Michel Barnier shoots down Theresa May’s Brexit customs plan.

Michel Barnier effectively killed off Theresa May’s customs plan in Brussels on Thursday as he warned that the European Union would never accept British officials collecting duties on its behalf after Brexit. The EU’s chief Brexit negotiator refused to accept that Britain had “evolved its pos...

Login Area

Register New Account