Tag Archives: US Economy

fresh economic data on the agenda

Concerns surrounding the future of Turkey’s economy and the U.S.’ trade ties with major economies continue to rattle investors. In data, jobless claims, housing starts, the Philadelphia Fed’s Manufacturing Business Outlook Survey and the business leaders survey are all due out at 8:30 a.m. ET The U.S. Treasury is set to announce the size… Source link

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US-China trade developments, earnings, data in focus

Markets in Europe turned positive on Thursday, helping support U.S. futures, as investors tried to shake off anxieties surrounding Turkey’s economic crisis. Pressure has been ramped up in recent days, as market watchers became jittery over the Turkish president’s control of the economy and U.S. leader Donald Trump saying last week that he was in support of doubling metal tariffs

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fresh economic data in focus

As concerns surrounding the future of Turkey’s economy and the U.S.’ trade ties with major economies continue to rattle investors, Wednesday will mark the day when a slew of economic data is due. At 7 a.m. ET, the routine weekly mortgage applications are due, followed by retail sales, the Empire State Manufacturing survey, and productivity & costs, which are all

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US Bonds and fixed income: Turkey’s financial woes continue

Global markets continue to see red, after Turkey’s financial troubles sparked fear of contagion and the country’s lira currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar, after President Donald Trump said he supported doubling metal tariffs on Ankara. While the lira pared some losses over the weekend, after Turkey’s finance minister

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US markets: Turkey’s economic woes continue

Last week’s concerns over the state of Turkey’s economy continue, with markets in both the Asia-Pacific region and Europe showing red across the board Monday. Stocks, too, continue to see red, after Turkey’s financial troubles sparked fear of contagion and the country’s currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar, after

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