Post Tagged with: "Fed"

Oil Spills Into U.S.-China Trade War, Prices Slump

Oil Spills Into U.S.-China Trade War, Prices Slump

From Reuters


China on Friday said it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global …

August 23, 2019 - 6:02 am
Trump Calls on U.S. Firms to Exit China as Trade War Escalates

Trump Calls on U.S. Firms to Exit China as Trade War Escalates

From Reuters


President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession.

Trump, who has …

August 23, 2019 - 6:00 am
Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

Oil Eases as Fed’s Jackson Hole Meeting Gets Underway

From Reuters


Oil prices weakened on Thursday on worries about the global economy and as equity markets were on edge over the uncertain outlook for U.S. interest rate cuts.

Traders are awaiting a speech from Federal Reserve Chair Jerome Powell …

August 22, 2019 - 6:01 am
Oil Slumps 7% as Trump Announces Additional Tariffs on Chinese Imports

Oil Slumps 7% as Trump Announces Additional Tariffs on Chinese Imports

From Reuters


Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would impose additional tariffs Chinese imports starting Sept. 1.

The drop …

August 1, 2019 - 6:00 am
US Economy Slowed to 2.1% Growth Rate in Second Quarter

US Economy Slowed to 2.1% Growth Rate in Second Quarter

From AP News


The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending.

The gross domestic product, the economy’s total output of goods and services, grew at a 2.1% annual rate last quarter, down …

July 26, 2019 - 6:01 am
Higher Gasoline Costs Sent Consumer Price Index Soaring in April - 360

Higher Gasoline Costs Sent Consumer Price Index Soaring in April

Higher gasoline costs sent consumer price index soaring in April

May 10, 2019 - 10:53 am
Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

Powell Opens Door to Possible Pullback in Fed Rate-Hike Outlook

From Bloomberg

 

  • Median could shift to two increases from three in 2019
  • Fed chief says rates ‘just below’ range of neutral estimates

 

Federal Reserve Chairman Jerome Powell opened the door for a potential pullback in projected interest-rate hikes …

November 29, 2018 - 2:49 pm
Treasuries Sell-Off Pushes 10-Year Yield to Highest Since 2011

Treasuries Sell-Off Pushes 10-Year Yield to Highest Since 2011

Yield on 30-year bond also tops 2018 peak to four-year high

From Bloomberg

The yield on 10-year Treasuries rose to the highest level since 2011, eclipsing the previous 2018 peak set in May as economic data helped fuel optimism about …

October 3, 2018 - 12:44 pm
Texas oil production - Oil & Gas 360

Texas Economy Finally Heading Up-ish: Comerica Bank

Permian rig count growth a boon to Texas’s overall economy

Dallas-based Comerica Bank (ticker: CMA), released its Texas Economic Activity Index last week, saying its measure of the Texas economy advanced for a second consecutive month, gaining 0.4 percentage points …

January 9, 2017 - 1:02 pm
U.S. Jobs Report: Smallest Gain since 2010

U.S. Jobs Report: Smallest Gain since 2010

The Bureau of Labor Statistics released the June report on unemployment today. Unemployment fell from 5.0% to 4.7% and the economy added only 38,000 jobs in May. The job gain was the lowest since 2010.

In the last few years, …

June 3, 2016 - 5:18 pm
How do Yellen, the Fed, and the Dollar Affect Oil Prices?

How do Yellen, the Fed, and the Dollar Affect Oil Prices?

June Hike Likely – What is the Effect on Oil?

On Wednesday May 18, 2016, the Federal Reserve released the minutes from its April meeting, sending vibrations throughout the markets.

The message from the Fed to the market was simple:  …

May 20, 2016 - 5:50 pm
Weak Jobs Data Could Push Fed Hike to 2016

Weak Jobs Data Could Push Fed Hike to 2016

U.S. economy adds 142,000 jobs, but mining continues to see losses

Jobs data from the Bureau of Labor Statistics came in weaker than expected for September today, sending the U.S. 10-year bond and oil prices down. The economy created an …

October 2, 2015 - 3:09 pm
Oil will Settle at $60, Eventually

Oil will Settle at $60, Eventually

Economic indicators positive, sideways and negative

Yellen says she expects FED will raise rates in 2015 if employment grows

Bill Gross criticizes the FED’s zero policy


U.S. Bank Chief Investment Officer John De Clue, in a presentation to Denver area …

September 24, 2015 - 2:10 pm
Two Fed Rate Hikes Possible Before 2016

Two Fed Rate Hikes Possible Before 2016

Final Fed meeting will set stage for expected rate hike

Many have been waiting and guessing at when the U.S. Federal Reserve will finally raise rates after maintaining them at 0.00% to 0.25% since 2008. Most analysts expect the move …

July 28, 2015 - 6:35 pm