Welcome!
US Economy
US Economy
Goldman sees US GDP hit if Trump wins, boost if Democrats sweep
US GDP would see a peak hit of 0.5 percentage point in the second half of next year should Trump win, says Goldman Sachs.
September 04, 2024
US Economy
Traders brace for more S&P 500 volatility after jobless claims
Traders are looking to weekly jobless claims figures for clues as to whether the US' labour market is weakening further.
August 08, 2024
US Economy
Fed’s Kugler repeats rate cut likely appropriate later this year
She said a rise in unemployment “driven by layoffs” would prompt her to vote for a cut “sooner rather than later.”
July 17, 2024
US Economy
Powell says US data offer confidence that inflation is on path to 2%
Powell highlighted the three latest inflation readings, though he made clear he didn’t intend to send any specific message.
July 16, 2024
US Economy
US inflation broadly cools, bolstering case for Fed rate cut
The US's core consumer price index — which excludes food and energy costs — climbed 0.1% from May.
July 11, 2024
US Economy
Fed’s Williams says inflation job not done despite progress
"We still have a way to go to reach our 2% target on a sustained basis": Williams.
July 05, 2024
Global Markets
The Battle of Midway
Midway through 2024, global uncertainties persist from Ukraine to US elections. Markets continue to rally on AI, but risks loom.
July 04, 2024
US Economy
US to fight labour shortage with new chips act worker programme
Estimates have projected that the US will 90,000 technicians short by 2030, worrying if the country aims to be a semicon leader.
July 02, 2024
US Economy
US factory activity shrinks for third month as prices moderate
The Institute for Supply Management’s manufacturing gauge was little changed at 48.5 compared with 48.7 a month earlier.
July 02, 2024
US Economy
Fed rate cuts possible in September after latest US inflation report, says James Bullard
Bullard was speaking with UBS's Tan Min Lan at the bank's mid-year outlook on June 21.
June 21, 2024