China Has Instant Response to Trump Comments
It appears China may not be buying more agriculture products from the US any time soon as both the Montana Farm Bureau and the Nebraska Department of Agriculture have said that the Chinese delegation has canceled visits with them and...
Argentina: Will Alberto Fernández succeed where Macri failed?
There seems little certainty about Argentina upon which to build a monthly column, but I am prepared to stick my neck out and say the next president of the country is going to be Alberto Fernández. It also looks likely...
As stocks struggle to break to new highs, markets could be swayed by Fed speakers, trade
Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 19, 2019 in New York City. Drew Angerer | Getty Images Developments in U.S.-Chinese trade talks and the comments...
Goldman Sachs CEO David Solomon has a music label called Payback Records
Goldman Sachs CEO David Solomon performs at Schimanski night club in Brooklyn, New York, October 14, 2018. Trevor Hunnicutt | Reuters To the many titles of David Solomon, including CEO of Goldman Sachs and electronic music performer DJ D-Sol, add...
Mexico risk to Pacific Alliance’s IG club status
COPYING AND DISTRIBUTING ARE PROHIBITED WITHOUT PERMISSION OF THE PUBLISHER: SContreras@Euromoney.com By: Published on: Friday, September 20, 2019 Three-quarters of fund managers that responded to a recent Bank of America Merrill Lynch survey think that Mexico is going to lose...
Eurozone Flash PMIs to Hold Steady, Unlikely to Knock Euro Out of Range
The preliminary readings for the September PMIs are due out of the Eurozone on Monday at 08:00 GMT. The data will be closely watched as there have been some signs that business confidence has started to perk up lately, albeit...
Fed’s Rosengren says the US has survived the trade war and doesn’t need rate cuts
The U.S. economy has weathered the global slowdown and the tariff war with China and doesn’t need lower interest rates, Boston Federal Reserve President Eric Rosengren said Friday. Rosengren was one of two central bank officials to vote against Wednesday’s...
GBPNZD’s Nearly 2-Month Rally Dries up ahead of May High
GBPNZD after a decisive push north on September 13, fell inches short of the May high of 2.0020, plotting a shooting star suggesting the bears have taken control. The pattern was followed by an engulfing candle, backed by the momentum...
EUR/USD Outlook: Euro Eases Towards 1.10 Support after Repeated Rejection at Trendline Resistance
The Euro fell near 1.10 support in mid-European/early US trading on Friday, following repeated upside rejection at bear-trendline, drawn from 1.1412 (25 June high) and reinforced by falling 30DMA. The US dollar regained traction on Friday, pushing the single currency...
Fed Vice Chair Clarida says the Fed will take interest rate policy ‘meeting by meeting’
The Federal Reserve is taking a meeting-by-meeting approach to setting interest rates and for now is not committed to a set course of action ahead, Vice Chairman Richard Clarida told CNBC. “We’re gonna take this meeting by meeting. We’re not on a...