Market Pulse - Currencies
US durable goods orders fall short of forecasts in June, but underlying demand strong
Demand for goods made to last more than three years grew a bit more slowly than anticipated last month, but economists said that the underlying trends remained strong.
Fed avoids providing timeline for start of 'tapering', FOMC minutes show
US central bankers began a discussion on when to start restricting their extraordinary policy support when they last met, the minutes of their gathering revealed.
US pre-open: Rising Covid-19 case numbers, economic worries drag on sentiment
Equity market futures are pointing to a start of trading firmly in the red with investors' focus on rising Covid-19 case numbers around the world and the toll that might take on attempts to reopen economies.
US open: Stocks see big drop, alongside slump in oil and Treasury yields
Trading on Wall Street got off to a poor start on Monday with investors' focus on rising Covid-19 case numbers around the world and the toll they might take on attempts to reopen economies.
US consumer confidence slips in July amid higher prices, U.Michigan says
Americans were a bit less cheerful in July amid complaints about higher prices for homes, vehicles and household durables.
SEC halts China IPOs seeks to tighten guidance on risk disclosures
America's financial markets' watchdog has halted registrations for Chinese corporates seeking to list on US stock markets.
US personal income and spending for June come in ahead of forecasts
Americans continued splashing out last month as income growth surprised to the upside.
Initial US jobless claims fall by less than expected during latest week
The US jobs market improved a tad during the preceding week, the latest high-frequency data showed.
US visible trade deficit rises in June due to petroleum imports
America's shortfall on trade in goods with the rest of the world continued widening last month.
Wednesday preview: US Fed, Barclays in the spotlight
All eyes on Wednesday will be firmly on the US Federal Reserve as rate-setters meet to decide on monetary policy.
US house price gains continue accelerating in May
US house price gains accelerated further in May with the annual rate of increase rising at its fastest pace in over 30 years, the results of a closely-followed survey revealed.
BoE's Vlieghe pushes back on calls for slowing monetary stimulus
A top Bank of England official pushed back on calls for the monetary authority to dial back on stimulus, arguing that inflationary pressures in the UK were transitory, while the pandemic remained a threat.
Chinese crackdown on US-listed stocks signals start of 'Cold War', Roach says
Beijing's moves against US-listed Chinese firms may be signalling the start of a 'cold war' between the two countries, a well-considered expert said.
US jobless claims jump as automakers retool
First time unemployment claims in the US bounced back unexpectedly during the previous week, pushed higher by the annual retooling of automakers.
ECB tweaks guidance, rates may now stay lower for longer
Policymakers at the European Central Bank will keep its interest rates at their current low level until it sees inflation returning to its new target level "well ahead" of its projection horizon and in a "durable manner".
US housing starts surprise to the upside in June, but permits drop
US homebuilding activity bounced back last month but forward-looking indicators pointed to weakness ahead.
Robinhood aiming for $35bn IPO
Robinhood is aiming to raise as much as $2. 3bn via an initial public offering that could value the Stock trading app at as much as $35bn.
BoE's Haskel warns against preemptive tightening of monetary policy
One of the Bank of England's top officials argued against reducing monetary stimulus for the economy.
Wall Street primed for biggest correction since start of 'bull' market
Wall Street is now primed for the biggest 'correction' since the start of the current 'bull' market in March 2020, Marketwatch's Mark Hulbert wrote.
Upside surprise in US June retail sales
US retail sales surprised to the upside in June, driven by increased demand for electronics, gasoline and fashion.