Tag Archives: USA
Dallas Fed President Agrees Tapering is Right Course
Despite another anemic jobs report, central bankers are on the right course with tapering their monthly bond purchases,
US: the jobs report was a mixed bag
Today’s jobs report was a mixed bag, but weaker-than-expected payrolls will likely add to the recent market concern that the US recovery might be coming off the rails.
The Global Macro Pulse
The USD was relatively steady against majors ahead of US payrolls. EURUSD was unchanged at 1.359, holding onto gains post yesterday’s less dovish than expected ECB.
US Nonfarm Payrolls Preview: Noise, Noise and More Noise
Expectations for the next nonfarm payrolls report are nothing special – the median forecast of economists by MNI puts the headline at +190,000 and private payrolls at +185,000,
US: here we go again – the next debt ceiling fight
Yet again, a fresh battle over the federal debt ceiling is looming and the issue will likely grab the market’s attention, at least for a while.
US Debt Interest Will Reach $223 Billion This Year
The Congressional Budget Office projects that interest will be $233 billion this year, or 1.3% as a share of the economy.
Bernanke To Join Washington DC Think Tank
Former Federal Reserve Chairman Ben Bernanke will join the Brookings Institution, a politically centrist policy think tank based in Washington, beginning on Monday.
US: back to a 3 handle on growth
The US economy expanded at a 3.2% pace in Q4 2013, laying the ground for further improvement in 2014. Although the details were a bit weaker than the headline,
Paul Ryan Criticizes Obama’s State of the Union
House Budget Chairman Paul Ryan told CNBC on Wednesday that President Barack Obama’s State of the Union address didn’t contain any new ideas and said the president should not be taking credit for the U.S. natural gas boom.
China: What rebalancing?
The Chinese economy ended 2013 with a real growth rate of 7.7%, the same as in 2012. While this more than met the government’s full-year target of 7.5%, growth was soft by historical standards,
U.S. Treasurer Secretary Lew: Annual Growth could be 3%
The U.S. economy is off to such a good start in 2014 that annual growth could hit 3% for the first time since 2005, Treasury Secretary Jack Lew said Thursday.
Morning Report
Dollar dropped sharply overnight against yen and Europeans together with stocks and yields. DOW lost -176 pts, or -1.07% to close at 16197.35, at the lowest level in a month.