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Oct 10, 18 •
1628 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Global economic growth forecast cut by the IMF
After Germany and Austria, the global economic growth forecast has been revised, and the forecast is not all sunny. Yesterday, the IMF had announced that it has cut its world economic growth forecast to 3.7% in 2018 and 2019, which is 0.2% down from its...
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Oct 9, 18 •
1451 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Euro zone investor morale fall deepens in October
On Monday Sentix investor confidence had shown a further decline in investor morale, mostly due to the concerns regarding Italy’s fiscal policies and the tighter inquiry regarding car industry compliance with the emission rules. The Sentix index fell to...
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Oct 8, 18 •
1454 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on US Payrolls and wages disappoint, while jobless rate fell to a 48-year low
On Friday the most anticipated economic news came with a disappointment, where the September nonfarm payrolls rose 134k after a gain of 270k in August, while the expected reading was 185k. The average hourly earnings rose 2.8% from 2017 that has matched the...
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Oct 5, 18 •
1538 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on US unemployment claims near 49 year low; German private investment faces a slow down
In a rather quiet day regarding the economic events, investors were mainly monitoring the unemployment claims coming from the US. The reading came positive, with the initial unemployment claims dropping by 8k, coming at a seasonally adjusted 207k for...
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Oct 4, 18 •
1452 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Is another Fed rate hike on the horizon?
The financial markets are expecting the US central bank to raise the interest rates in December, and Fed policymaker, Charles Evans agrees with this expectation. Yesterday he had stated in his interview with Bloomberg that is feels comfortable with the...
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Oct 3, 18 •
1548 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Central Bank of Australia holds its’ rates for consecutive 26 months; UK construction sectors faces a slowdown
On Tuesday, the Central Bank of Australia secured the market expectancy and held the rates low for the 26th month, amidst the tighter credit conditions, inflation and wages growth. The RBA held the rates at all-time low of 1.50% and according to Reuters,...
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Oct 2, 18 •
1437 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Slowdown in US factory activity; no extension to be seen for euro interest rate benchmark
On Monday we have seen a slowdown in the US factory activity after more than fourteen year high in September, with new orders growth retreating. However, as the bottleneck in supply seems to be easing, we can expect a steady route in the manufacturing...
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Sep 26, 18 •
1345 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on The Fed is expected to rise the interest rates this week; EU on track for ECB to cut stimulus as planned; Theresa May sees more pressure from the Labour party planned vote
Later on today, all eyes will be on the Federal Funds rate and whether the Federal Reserve will raise interest rates. According to Bloomberg, in their survey, the economists believe strongly that there will be another rate hike and we will see a quarterly...
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Sep 25, 18 •
1410 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on German business morale held steady; despite strong economy, higher wages still not on the horizon
On a rather quiet trading Monday, all eyes were on the German Ifo business climate, where the business morale showed a bit of improvement coming at 103.7, while the expected consensus was 103.2. According to Reuters, the business morale was supported by...
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Sep 24, 18 •
1280 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on UK Prime Minister told the EU come up with alternative Brexit proposals
Shocking news came from the UK on Friday when the Prime Minister of the country warned the EU leaders that they are better to come up with an alternate Brexit proposal if they are looking to see success in further talks. As Reuters is reporting Theresa May...