Not exact matches
U.S. government debt yields slipped after
weak consumer spending
data muted a better - than - expected initial first - quarter read on
economic growth.
U.S. government debt yields slipped Friday after
weak consumer spending
data muted a better - than - expected initial first - quarter read on
economic growth.
We expect the Fed to raise rates just once this year — likely in December — and to proceed cautiously given the unevenness of the domestic
economic recovery, as highlighted by
weak retail sales
data released last week, and global
growth uncertainties.
Emerging market currencies have been hit by a sell - off in the first week of trading this year after
weak economic data in China rekindled worries over global
growth and halted trading on Chinese equity markets on two days.
Gold climbed on Friday, ensuring a monthly gain of more than 1 %, as
data showing
weak U.S.
economic growth weighed on the dollar.
But the Chinese
economic data for March — such as
weaker growth in industrial output and investment - is suggesting that momentum is slowing.
Despite this, many observers expected tapering to start in September 2013, and the fact it didn't was blamed on
weak economic data and the fear of
growth being slowed by the oncoming government shutdown and debt ceiling discussion.
Crude oil prices edged up on Friday boosted by stronger than expected U.S.
economic data though the longer - term outlook for energy markets remains
weak due to a global oil supply glut and uncertainty over
economic growth prospects in Asia.
«The
data so far this year raise a concern that, rather than reducing the public debt, the deficit reduction plans could be having the opposite effect because higher tax rates and austerity measures are causing
economic growth to be
weaker than expected.»
As my colleague Russ Koesterich points out in a recent post,
economic data was mixed over the first quarter, with sluggish
economic growth, a soft jobs report and
weak manufacturing reports leading to diminishing consensus around company earnings.
Here is an
economic data point that you will not hear about in the mainstream financial media: U.S. wage
growth in 2017 had been the
weakest since 2010.