That’s not a good sign Is the government going to shut down or will Trump back off? ForexLive
Trump wants $5 billion for a wall Congressional leaders failed to strike a deal with the White House on Friday and the government partially shut down non-essential services today.
Schumer says Trump doesn’t have the votes to approve wall Trump says we will probably have a government shutdown. The S&P 500 just touched the lowest since Sept 2017.
Growth estimate from the Atlanta Fed “The nowcast of fourth-quarter real personal consumption expenditures growth decreased from 4.1 percent to 3.7 percent after this morning’s personal income and outlays release from the U.S. Bureau of Economic Analysis,” the release said.
Comments from Conte ForexLive
Not a good week though Most of the major European stock indices are ending near unchanged levels for the day. Provisional closes are showing: In the 10 year benchmark debt sector, yields are mostly higher today:
GDP tracker from the New York Fed “Positive surprises from housing data accounted for most of the increase, while for 2019:Q1, negative surprises from survey data were only partially offset by positive surprises from housing data.”
The Reserve Bank of New Zealand to cut the cash rate this time next year says ANZ on an updated forecast ANZ expect two more cuts after that – both in early 2020, which will take the cash rate to 1.0% More (comment from ANZ) :
People’s Bank of China mid rate setting for the onshore yuan People’s Bank of China injecting funds again today via OMOs, net 150bn yuan – 120bn yuan via 7 day reverse repos
From China on Wednesday afternoon, the People’s Bank of China is to supply lower-cost liquidity for up to 3 years to banks lending more to smaller frims PBOC statement: