by EFSD | Jan 28, 2020 | Economic News
Worries over the continued spread of the coronavirus have hit financial markets, with stocks from Wall Street to Tokyo declining. The three main US indexes closed down more than 1.5%, while London’s FTSE 100 index ended almost 2.3% lower. Firms with significant...
by EFSD | Jan 27, 2020 | Economic News
U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products.Manufacturing production rose 0.2% last month after a downwardly revised...
by EFSD | Jan 7, 2020 | Economic News
At 3:30 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.8195%, while the yield on the 30-year Treasury bond was also higher at around 2.2972%.Market focus is largely attuned to geopolitical developments, as...
by EFSD | Jan 6, 2020 | Economic News
President Donald Trump’s approach to international trade is driven to a large extent by his belief that the United States is being unfairly treated by other countries. His main supporting evidence is the trade deficit – the US buys more than it sells...
by EFSD | Jan 5, 2020 | Economic News
Experts believe that geopolitical turbulence is only going to get worse this year, particularly in the run up to the U.S. election.U.S. society is more polarized than ever, experts warn.2019 was characterized by geopolitical upheavals around the world. The year 2020...