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Day: August 18, 2018

Trade War Back as Main Theme as Turkish Crisis Eased, US and China to Meet

The forex markets turned into consolidative mode last week as Dollar and Yen lost momentum. Turkish currency crisis hit a climax on Monday but worries eased after the government’s measures were well taken by investors. The fear of extra sanctions by the US on Turkey caused some jitters. But the muted reactions towards the S&P …

Trade War Back as Main Theme as Turkish Crisis Eased, US and China to MeetRead More

Borrowers are flocking to a new type of ‘clinic’ to help get a clean bill of financial health

When Lisa Mulhall raised her hand at the recent student debt clinic in Woodbury, New York, she had no idea that she was about to hear something that would change the rest of her life. The fifth-grade teacher, who is carrying around $30,000 in student loans, explained that she’d been told by her servicer that …

Borrowers are flocking to a new type of ‘clinic’ to help get a clean bill of financial healthRead More

Weekly Economic and Financial Commentary: Global Economy Displays Relative Calm

U.S. Review Summer Spending at Restaurants, Bars Surges Retail sales data for July showed the U.S. consumer continuing to exhibit strength, with broad-based sales growth and a notable acceleration in food service & drinking places sales. Housing starts rose in July, led by small gains in both singleand multifamily starts, but the increase was below …

Weekly Economic and Financial Commentary: Global Economy Displays Relative CalmRead More

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