In the opinion of the economists of Goldman Sachs, it is US economic recovery likely to strengthen in second quarter 2021. Key points: The Second quarter GDP may improve at a rate of 11% versus 10% previously expected. The stimulus baseline has moved to $ 1.5 trillion from $ 1.1 trillion and that has led […]
Tag: U.S.
The limit for direct payments under the COVID-19 bill is still being negotiated
White House Press Secretary Jen Psaki told reporters on Monday that Congress will decide on the cap for direct payments under the COVID-19 relief bill, adding that negotiations are ongoing, Reuters reported. Psaki He further noted that he expects the House margin of the aid legislation to closely follow US President Joe Biden’s plan, even […]
10-year Treasury yields rise for sixth day in a row near 11-month high
Yields on US 10-year bonds hold firmer around the March 2020 high. Hopes for US stimulus propel the bulls despite tension between the US and Iran and mixed news surrounding COVID and vaccines. A virtually empty economic calendar on Monday keeps investors’ appetite for risk intact. While reflecting the market optimism, US bond yields remain […]
Coverings will be the first ceramic fair of the ‘Covid’ but with less space and duration
The tile hot engines for which it is planned as the first international fair of the ceramic industry after the celebration of Cevisama 2020 a year ago. Icex Spain Exportación e Inversiones has Open the period for companies to register to participate in Coverings 2021, the American fair to be held in Orlando but with […]
GameStop and conspiracies on social networks
An investor can obtain information in many ways. For example, with binoculars to control the passage of tankers. Or with satellite data to examine production in refineries or the arrival and departure of cars in the parking lots of a supermarket chain. The French company Kairros, for example, is dedicated to obtaining all kinds of […]
USA: Hiring is expected to strengthen in the coming months
Economic data released in the US on Friday showed the economy added 49,000 jobs in January and the unemployment rate fell to 6.3% from 6.7%. Wells Fargo Analysts They explained that the report contained widespread weakness, but they are optimistic about the future and expect hiring to strengthen in the coming months. Key statements: “In […]
Employment report underscores urgency of Biden’s coronavirus relief plan – Jared Bernstein
The White House economic adviser, Jared Bernsteinsaid on Friday that The latest US employment report underscores the cost of inaction while underscoring the urgency of the coronavirus relief plan from US President Joe Biden, Reuters reported. President Biden is working on a strong infrastructure bill that is expected to receive bipartisan support, Bernstein added. Market […]
The goods and services deficit drops to $ 66.6 billion in December compared to the expected $ 65.7 billion
The US goods and services trade balance was slightly worse than expected. The US Dollar Index continues to push lower towards 91.00. The deficit of goods and services of the United States fell by $ 2.4 billion to $ 66.6 billion in December, data jointly released by the US Census Bureau and the US Bureau […]
Non-farm payrolls increase by 49,000 in January, below expectations
The US employment report It was not in line with what had been the labor market indicators in other reports and showed figures that were mostly below expectations, which generated a decline in dollar. Nonfarm payrolls increased 49,000, down from the market consensus 50,000. In any case, a positive surprise was expected due to what […]
Senate Passes Budget Plan That Allows Democrats To Pass A $ 1.9 Trillion Aid Bill
The U.S. Senate has passed the budget plan that allows Democrats to pass the $ 1.9 trillion coronavirus aid bill in the coming weeks without Republican support., as reported by Reuters. The Vice President of the United States, Kamala Harris, has cast the tiebreaker vote to get the budget plan approved and the Senate has […]
