Recent Posts

Argentina to tighten controls on imports

  Bloomberg The Argentine government will impose restrictions to discourage imports in the coming days and protect reserves. The government is seeking to avoid losing more dollars after the national statistics agency reported that the country’s trade deficit widened in July to $437 million. Private consultants estimate that the country’s so-called net reserves — its assets on hand, minus the ...

Read More »

Euro area’s economic activity falls in August

  Bloomberg Euro-area economic activity declined for a second month, signalling that fears of a recession may already be coming to pass as record inflation saps demand and weakness seeps into more and more sectors. While August’s drop was driven by manufacturing, the post-lockdown rebound in services like tourism almost ground to a halt as consumers face steep gains in ...

Read More »

US futures rise, dollar steady

  Bloomberg US index futures posted modest gains, Treasuries nursed losses and the dollar was steady as markets remained on edge ahead of the Jackson Hole central bankers’ symposium later this week. Futures on the the S&P 500 and Nasdaq 100 fluctuated before turning higher after US stocks plunged the most in two months. The 10-year Treasury yield held above ...

Read More »
Send this to a friend