Tag Archives: US

US stock futures rose in modest holiday trade on Monday as legislators in Washington reached an agreement to raise the $31.4 trillion debt ceiling and avoid a potentially catastrophic default. By 11:32 GMT, the Dow futures contract had gained 60 points, or 0.18%, the S&P 500 futures had gained 10 …

This week, senior American trade officials will meet with China’s Minister of Commerce Wang Wentao in the US. The meetings will be another attempt by the two largest economies in the world to warm chilly bilateral relations. Beijing said on Thursday that Wang Wentao plans to use his trip to …

Adidas shares rose on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast “a bumpy year with disappointing numbers” for the German sportswear giant. Despite a 1% sales drop, an operating profit of 60 million euros ($66 million) beat analyst expectations of 15 million euros for the company which …

According to expectations, US President Joe Biden will consider the suspension of extensive limits on US investment in China that have been proposed by some hawks in his administration and Congress. According to Politico, White House negotiations have been taking place as US President Biden scales back plans for an …

On Thursday, the dollar hovered near the average prices it recorded during the last period against the major currencies, while investors evaluated the comments issued by a number of Federal Reserve officials, as well as anticipating the consumer price inflation data scheduled to be published next week. The dollar index, …

The dollar held firm against the euro on Monday, with traders expecting the Federal Reserve to likely raise the benchmark interest rate above 5 percent and keep it at that level to rein in inflation, after data revealed that the labor market remains strong. The Turkish lira fell to a …

The United States announced that all flight passengers arriving from China will be required to show a negative Covid test result before flying to the States. The decision will come into force as of January 5.Risk sentiment is lukewarm amid fresh concerns over the covid spread worldwide once again. The …

The US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Consumer Price Index (CPI), declined to 7.7% on a yearly basis in October from 8% in September. This reading came in below the market forecast of 8%. The Core CPI, which excludes …

The US Bureau of Labor Statistics reported on Thursday that inflation in the US, as measured by the Consumer Price Index (CPI), declined to 8.2% on a yearly basis in September from 8.3% in August. This reading came in higher than the market expectation of 8.1%. The Core CPI, which …

The US Bureau of Labor Statistics reported this Tuesday that inflation, as measured by the Consumer Price Index (CPI), decelerated to 8.3% on a yearly basis in August from 8.5% in the previous month. The reading was slightly above consensus estimates pointing to a decline to 8.1%. The Core CPI, …