NEW YORK (Reuters) – U.S. stocks fell on Friday as fears of economic damage from the spread of the coronavirus intensified, though Wall Street’s major indexes ended well above their
Last week, Federal Reserve Chair Jerome Powell’s testimony went according to the script as he signalled the Fed’s tacit willingness to cut interest rates- most probably by 25 basis points-
Friday’s US Non-Farm Payrolls came in better than expected at 224,000 new jobs created. It prompted the following Presidential Tweet, “Strong jobs report, low inflation, and other countries around the
Crude kept rising following its biggest weekly gain since late 2016 after president Donald Trump said he would impose “major additional sanctions” on Iran, exacerbating tensions in the oil-rich Middle East.
US markets were little changed last week. US Consumer Prices again faltered, coming in at 2.0% Y/Y for May versus expectations of 2.1%. Headline US retail sales missed the mark
The UK Houses of Parliament took centre stage last week as the Government’s “meaningful“ vote on Brexit was defeated, the Conservative Government’s cabinet all but mutinied against Prime Minister Theresa
The US Mid-term elections went according to pollsters’ predictions with The Democrats winning the House of Representatives and The Republicans improving their majority in the Senate.
