USD – RETAIL SALE’S m/m Date Actual Forecast Previous Apr 13, 2016 -0.3% 0.1% 0.0% This is the earliest and broadest look at vital consumer spending data for the United States. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. Any changes upon the … More USD – Retail sale’s m/m
For the first time since the Asian and Russian crises rocked world financial markets in the late 1990s, U.S. monetary policy is as focused on the risks to global growth as it is on the domestic economy. Driving the resurgent internationalism inside the Federal Reserve is concern about how dollar strength — reinforced by aggressive … More Dovish outlook.., is the world economy “fragile place” ..?!
Financial markets are being swayed by divergent monetary policies in the world’s leading economies. Fed funds futures show the odds of a U.S. rate increase by the end of June have shot up to 54 percent from about 6 percent in the past month as data indicated growth is strengthening in the nation. China … More Investor’s: Are we waiting for something..?!
Investors are gaining confidence that March’s rally in equities and credit markets has further to run. The Stoxx Europe Index and the MSCI Asia Pacific Index were on course for the highest closes in two months. Shares in Egypt extended the longest rally since December after the country’s central bank devalued its currency, and the thawing … More Central bank’s lift credit,bonds
U.S. Indices Equity markets rebounded after a torrid week when investors questioned whether central banks have the tools to shore up the global economy. Federal Reserve Chair Janet Yellen in a second day of testimony said the Fed was assessing the impact of the swings in the markets on the … More Global Stock’s rout . .
The International Monetary Fund is discussing a bailout of Azerbaijan, hard hit by tumbling oil prices. Venezuela is out to go bust — again — for the same reason. Ecuador looks about to go the same way. More important countries may follow them — most significantly Russia and Saudi Arabia. Neither of them looks solvent … More New sovereign debt-crisis . .
The Fed chair said the policy-making Federal Open Market Committee continues to see the next move in interest rates as up, rather than down. “I do not expect the FOMC is going to be soon in a situation where it’s necessary to cut rates,” she said.She reiterated the Fed’s intention to raise rates gradually, … More Delaying rate rises, but not abandoned ..