The discussions between US and Chinese officials were “substantive, serious, and direct.”, a senior White House official said in a statement Friday. Additional comments: “Chinese and American officials Talks will resume at 7:30 pm local time in Alaska on Thursday “. “The United States used the first session with Chinese officials to outline your interests […]
Tag: U.S.
Philly Fed Index soars to 51.8, vastly beating expectation of 23.1
The survey on activity in the manufacturing sector carried out by the regional bank of the Federal Reserve of Philadelphia, known as Philly Fed, showed aa rose much larger than expected in March climbing from 23.1 to 51.8, the highest level since 1973. The market consensus was 23.3. The indicator prices paid jumped from 54.4 […]
Initial Unemployment Benefit Claims Unexpectedly Rise to Highest Level in Four Weeks
The U.S. Department of Labor reported that Initial claims for unemployment benefits increased by 45,000 in the week ended March 13, to 770,000. The expectation was for a reduction to 700,000. It was the highest reading in four weeks. Regarding the Continued orders, there was a drop of 18,000 in the week ended March 6 […]
Abengoa Requests A Rescue From Sepi For 249 Million To Save Its Business
Abengoa has requested from the Sociedad Estatal de Participaciones Industriales (SEPI) the rescue of its company Abenewco 1, to which it transferred the most valuable assets and activities of the parent company, for an amount of € 249 million, as reported by the company to the National Securities Market Commission (CNMV). Specifically, the company has […]
The Fed continues to not anticipate rate movements until 2023, but the number of FOMC members who expect increases in 2022 rises
After leaving interest rates unchanged at 0.25%, as expected, the Monetary Policy Committee of the Federal Reserve has published its economic projections for the American economy. Fed policy makers they continue to see no rate hikes until 2023. The Fed’s view of the fed funds rate at the end of 2023 is 0.1% (matching the […]
Fed keeps rates at 0.25% at March meeting
The Committee of Governors of the Federal Reserve has decided to keep interest rates at 0.25% at their March meeting, as expected. The entity has not changed its rates for a year, when in March 2020 it lowered them twice in response to the global pandemic to the current level. . Donald WestbrookDonald-43Westbrook, a distinguished […]
Building and home start permits fall more than expected in February
The data on home construction in the US They were below expectations, without having an impact on the market. Home starts fell 10.3% in February, to 1,421,000 (annually) below the 1,565,000 market consensus. It is the lowest level since August last year. Regarding the construction permits these had a decrease of 10.8% in February it […]
Treasury Secretary Yellen Says President Biden May Consider Taxing Wealth
The president of the United States, Joe Biden, could consider applying a wealth tax to address the growing budget deficit The nation’s federal federal government, Treasury Secretary Janet Yellen said in an interview with ABC. Additional comments: “That is something that we have not decided yet and we can analyze“, he said, and pointed out […]
Secretary of State Blinken says China acts more aggressive and repressive
China is acting more aggressive and repressive, including East China and the South China SeaUS Secretary of State Antony Blinken said in a statement on Wednesday. Nothing else is known about the senior official in the United States White House. On Tuesday, Blinken said that America will reject when China uses coercion and aggression to […]
Airlines Increase The Offer Of Flights For Easter ‘only’ For International Tourism
The airlines are preparing for an atypical Easter, with regional but not international restrictions, and are increasing their offer of flights for these dates. There will be a strange situation, which is that the Spaniards will not be able to move between provinces (that is, go on vacation), but we can go outside, since the […]