us economy

US economy to outperform Eurozone

The US Economy To Outperform The Eurozone In 2018 With 2.5% GDP Growth, After Being On Par This Year

While the EU statistics office Eurostat said on Tuesday GDP in the eurozone rose 0.6% quarter-on-quarter in the three months to September and 2.5% year-on-year, the EC revised yesterday its growth forecast for the region to 2.2%, markedly higher for this and next year. Therefore, this Commission’s expectation in 2017 is well justified, based on published data from Eurostat.







US-FINANCE-ECONMY-FED

Janet Yellen does not cave in to market pressure

Janet Yellen intends to hold firm against market pressure as her press conference showed yesterday. The 0.25% rise in federal funds was downgraded to a modest move, wholly anticipated by investors, while hinting at a moderate path in rate hikes over the next couple of years.



The Fed is tightening its noose on the U.S. economy

US: The Entrepreneurs Of Tomorrow

BoAML | With an abundance of stories about how things can go wrong for the US economy, we are often asked to lay out a scenario in which the data surprise to the upside. In our view, the burden rests on the labor market. If there is an increase in demand for labor, which is met by a gain in supply, we could settle on a stronger trend in job growth.


J.Yellen

It Depends On The Data Says The Fed…

J. L. M.Campuzano (Spanish Banking Association) | Fed deputy chairman Fisher said last Tuesday that any future decision on interest  rates will depend, in the end, on the data. The market is now awaiting the US August jobs figures, due out tomorrow. This will be the key indicator anticipating a September rate hike. They say that more than 150,000 new jobs will be a sufficient trigger for the Fed to take its decision this month. And the necessary condition? That the rest