Date: September 27, 2018 United States: U.S. Economy Grew at Unrevised 4.2% Pace in Second Quarter The U.S. economy grew in the second quarter at an unrevised 4.2 percent pace, the fastest since late 2014, indicating a solid foundation for this quarter, Commerce Department data showed Thursday. The revisions for GDP, the value of all
Date: September 26, 2018 United States: Fed Dots to Harden Views for December Move: Decision-Day Guide The Federal Reserve is poised to increase interest rates for a third time this year as it publishes forecasts that are expected to bolster expectations for another move in December and a continued pace of gradual tightening in 2019.
Date: September 25, 2018 Caribbean Cream Limited (KREMI) held its 5th annual general meeting today at the Knutsford Court Hotel, subsequent to its initial public offering. The meeting commenced with Chairman, Carol Clarke-Webster, highlighting that the Company reached its all-time high of $1.37 billion in revenues which was achieved in their most recent financial year
Date: September 25, 2018 United States: Fed Fear Is Absent in U.S. Stocks as Markets Plow Back to Record The bulls have regained control on the American equity market. The S&P 500 Index capped a second weekly advance, ending the five days less than two points away from its all-time high. Investors plowed $38 billion
Date: September 24, 2018 United States: Slew of Positive Reports Show U.S. Economy Still on Solid Track A string of reports on Thursday showed the labor market is getting stronger, consumers are increasingly optimistic and manufacturers are expanding, adding to signs that gross domestic product remains on track for a solid performance in the third
Date: September 21, 2018 United States: Biggest U.S. Premium Over Europe Since '80s Fails to Help Dollar Not since the 1980s have U.S. Treasuries had such handsome yield premiums over their German counterparts. Yet none of that widening advantage in recent weeks has helped the dollar, in a disconnect that’s catching analysts’ attention. Prospects for
Date: September 20, 2018 United States: Trade Tensions Push Finance Chiefs' Outlook to Worst in a Year As the Trump Administration keeps piling on tariffs, U.S. stock traders are averting their gaze and holding on tight. Corporate finance chiefs are having a more difficult time. North American chief financial officers’ optimism fell across the board
Date: September 19, 2018 United States: U.S. Futures Drift With Europe Stocks; Dollar Dips: Markets Wrap U.S. equity futures drifted alongside European shares after a positive session in Asia as investors wagered the world’s two-biggest economies can iron out trade differences. The dollar edged lower while the yuan advanced as China said it won’t devalue
