Markets Six more weeks without a rate hike? The Fed kept interest rates on hold at its January policy meeting, its first since Donald Trump assumed the presidency, but said “measures of consumer and business sentiment have improved of late.” … Continue reading
Markets The Federal Reserve is expected to keep interest rates unchanged today in its first policy decision since President Trump took office, as the central bank awaits greater clarity on his economic policies. Trump has promised greater infrastructure spending, tax … Continue reading
Markets Economic growth for the eurozone rose 1.7% last year, growing at a faster rate than the U.S. managed when averaged across the whole of 2016. That’s the first time that happened since 2008. The region’s jobless rate also fell … Continue reading
Markets U.S. equity index futures are down about 0.3%, while the dollar weakened slightly, following President Trump’s executive order on immigration, which clamped down on refugee admissions and temporarily banned travelers from seven predominantly Muslim countries. “America is a proud … Continue reading
Markets The U.S. economy likely ended 2016 with a mild groan more than a rousing cheer, at least according to the government’s end-of-year report card. Gross domestic product is forecast to taper off to 2.2% in Q4, meaning the U.S. … Continue reading
Markets The Dow took almost 103 years to reach 10,000 in March 1999, and another 17 years to double. But the last 1,000 points to reach the 20,000 milestone took just 42 trading days. The blue-chip index has been propelled … Continue reading
Markets Investors are cheering President Trump’s new executive orders clearing the path for the Keystone XL and Dakota Access Pipelines, two controversial projects blocked under Obama. Energy shares also rallied following actions that rolled back regulations and environmental rules to boost … Continue reading
Markets Business activity in eurozone eased slightly in January according to Markit’s flash composite PMI, which fell to 54.3 from 54.4 in December. Nonetheless the reading was one of the highest over the past five-and-a-half years. It “signals respectable quarterly … Continue reading
Markets The greenback is giving up some gains against a backdrop of uncertainty surrounding the new president’s policies, as well as his recent remarks about the impact of dollar strength. Trump’s inaugural address on Friday highlighted his “America first” mantra, … Continue reading
Markets It’s the final countdown… Last minute preparations are underway for Inauguration Day, as Donald Trump will be sworn in as the 45th President of the United States. Executive actions are also in focus as Trump looks to roll back … Continue reading