Stock markets fell after the announcement of better than expected employment figures in the United States, this dynamism raising fears that the American central bank will raise its rates further sharply to fight against inflation. Read alsoTokyo Stock Exchange closes at two-month high European stock markets ended in the red, after hovering around equilibrium for … Read more
The US trade deficit narrowed again in June, and more than expected, with exports continuing to climb to a new record high, while imports fell amid slowing domestic demand . In June, the goods and services deficit with the rest of the world stood at $79.6 billion, according to Commerce Department data released Thursday. This … Read more
U.S. commercial crude oil reserves rose sharply last week, surprising analysts who expected a small reduction, according to figures released Wednesday by the U.S. Energy Information Administration (EIA). Read alsoVolatile, oil ends up slightly ahead of OPEC+ During the week ended July 29, commercial stocks of black gold rose by 4.5 million barrels to 426.6 … Read more
The growth of activity in services in the United States accelerated in July for the first time in four months, according to the barometer of the professional federation ISM, published on Wednesday. Read alsoUSA: vacancies down, sign of a slowdown in the job market SEE ALSO – Joe Biden urges Congress to pass the Cut … Read more
The United States and the European Union can escape recession while bringing inflation down to an acceptable level, an official of the American Central Bank (Fed) estimated on Tuesday, who judges that a “soft landingis achievable in these two economies. “A soft landing is possible in the United States and the European UnionSt. Louis Fed … Read more
The number of vacancies in the United States fell in June and is below 11 million for the first time in seven months, a sign that the job market is starting to slow, despite still massive resignations. Read alsoUSA: Growth in manufacturing activity slows again in July (ISM) SEE ALSO – Joe Biden urges Congress … Read more
World stock markets lost ground on Tuesday after the announcement of Nancy Pelosi’s visit to Taiwan, which further strains relations between the United States and China. Read alsoEuropean stock markets fall in the face of tensions around Taiwan European markets ended down, Paris lost 0.42%, Frankfurt 0.23% and Milan 0.35%. Only London remained in balance, … Read more
US ‘won’t see a recession,’ says Joe Biden Durable goods orders unexpectedly jumped in June from May in the US, a rise driven by a near doubling of defense aircraft orders and military parts, according to Commerce Department data released Wednesday. The total amount of orders amounted to 272.6 billion dollars, up 1.9% compared to … Read more
Consumer confidence in the United States continued its negative spiral in July for the third consecutive month, amid lingering fears of recession, according to the Conference Board index released on Tuesday. The index now stands at 95.7 points, a drop of 2.7 points compared to June, the data for which was also revised downwards (98.4 … Read more
The South Korean giant SK (chemicals, industry, telecoms, finance, construction, hotels) must announce 22 billion dollars of new investments in the United States, before a meeting between its boss and American President Joe Biden, indicated Tuesday the White House. Read alsoSouth Korea’s SK Hynix to buy Intel memory chips for $9 billion “Ahead of virtual … Read more