Retreat in all markets
China’s unexpected decision to devaluate its currency triggers uncertainty in the markets.
FED
Stocks should react overall positively to Fed rate hike
An upcoming Fed interest rate hike now seems to be one of markets’ main focal points and concerns.
US GDP GROWTH ACCELERATES IN Q2
The US economy is gaining momentum in the second quarter with an estimated 2.3% growth, supported by consumption and construction investment.
Meet the most important man in the Fed
CANCUN (MEXICO) | A long time ago, in a galaxy far, far away…” the Federal Reserve did not even announce its interest rate movements. Fed watchers had to infer the lending policy of the world’s most powerful central bank just by painstakingly perusing the documents–release, obviously, in paper–of the Fed’s open market operations.
FED keeps the door open in July
LONDON | Barclays | The US dollar strengthened after the FOMC left the door open for a September move, although it did not provide any strong signal for the timing of the first hike.
Greek crisis behind: You can relax for the time being
MADRID | July 21, 2015 | By JP Marín Arrese | Once the eurozone has overcome its Greek imbroglio, at least temporarily, the next unsettling move will come from the Fed’s widely expected rate hike.
US Fed to adapt stress test for insurance companies
The Corner | June 25, 2015 | The U.S. Federal Reserve is adapting its stress-testing framework to cover the three global insurance companies that it supervises, since their failure could seriously jeopardize the economy.
Jeb Bush the populist
SAO PAULO | June 20, 2015 | By Marcus Nunes via Historinhas | US 2016 Republican Presidential Candidate Jeb Bush has set his presidential goal at 4 percent growth and 19 million new jobs. To do that, he would first have to “recruit” the Fed. Unfortunately, if the Fed acquiesced bad things would happen.
US and UK separated by a common labour market performance?
LONDON | June 19, 2015 | UBS | There are some striking similarities currently between the US and UK labour markets. The unemployment rates are broadly the same, employment growth is similar, and the level of vacancies suggests continued jobs growth in both countries. Moreover, there are solid signs that pay growth has picked up in both the UK and US.
Fed to stay dovish in new rates regime
The Corner | June 17, 2015 | The Federal Open Market Committee’s policy statement, due to be released today at 1800 GMT, is widely expected to signal a first rates’ hike in September. For the first time in eight years the outcome of the meeting is not constrained by the “forward guidance” commitment. Is the US economy healthy enough?