Reuters, September 1 – The dispute over the European Central Bank’s September rate decision was not resolved by inflation data, and investors saw a less hawkish posture by ratesetter Isabel Schnabel, which contributed to a weekly decline in the yields on euro zone government bonds. Before U.S. job numbers, which could give the market a … Read more
Shunichi Suzuki, the finance minister of Japan, stated on Friday that markets should determine currencies even though abrupt changes are undesirable. He also gave no indication that the government will intervene in the market to support the weak yen, which is increasing import costs. “Currencies should reflect underlying economic principles… I’m keeping a careful eye … Read more
Global equities held steady on Friday as investors closely examined China’s most recent economic stimulus measures before later focusing on U.S. jobs data to see whether the Federal Reserve will hike interest rates this month. With supplies becoming more scarce placing a floor under prices, oil was poised to end a two-week losing streak and … Read more
The August jobs data, which is due out Friday morning, could reveal that the US labour market’s expansion slowed down even more. According to consensus forecasts provided by Bloomberg, the BLS’s monthly labour report, which will be released at 8:30 a.m. ET, is anticipated to indicate that nonfarm payrolls increased by 170,000 in August while … Read more
Although Americans spent more money on goods and services in July than they had in the previous six months, predictions that the Federal Reserve would leave interest rates steady next month were solidified by monthly inflation rates that were declining. The likelihood of a recession this year was further reduced by the report from the … Read more
As it headed into a crucial monthly U.S. jobs report on Friday, the dollar was on track to end a six-week winning streak against major peers. This data is likely to influence the direction of Federal Reserve policy over the coming months. After a turbulent week in which overall weak economic data dampened expectations for … Read more
In addition to the DOD’s regular, basic budget, the Defence Department’s financial management community achieved an unprecedented feat last year by generating four supplemental budgets with amazing quickness. “The National Defence Strategy outlines our security priorities, defending the homeland, paced to the… growing threat posed by the People’s Republic of China across many domains—from cyber … Read more
Mexico’s central bank increased its economic growth forecast for this year and the following year, indicating that activity is above expectations in large part because of robust trade with the US. According to the central bank’s quarterly report released on Wednesday, Banxico increased its projection for growth in 2023 from 2.3% to 3%. The bank … Read more
the 30th of August 2023 (GLOBE NEWSWIRE) The global desalination technologies market, presently valued at US$16.87 billion, is expected to grow at a high-value CAGR of 11% from 2023 to 2033, according to a recent industry report by Fact.MR, a supplier of market research and competitive intelligence. Desalination technologies are becoming a vital component of … Read more
On Wednesday, stocks ended a fourth straight day of gains as updated GDP statistics revealed that the US economy expanded less quickly than initially predicted in the third quarter. The Dow Jones Industrial Average (DJI) gained 0.1% while the S&P 500 (GSPC) gained roughly 0.4%. The IXIC, the Nasdaq Composite, rose 0.5%. The benchmarks reversed … Read more
