Market News

Argentina’s government has imposed currency controls in a bid to stabilize financial markets, as Latin America’s third-largest economy faces a deepening economic crisis. The temporary measures, announced on Sunday, allow the government to restrict foreign currency purchases following a sharp drop in the super-sensitive peso. All companies must now request permission from Argentina’s central bank…

Agenția de rating Standard &Poor’s a reconfirmat perspectiva stabilă a economiei românești și calificativul BBB-/A-3 pentru datoria pe termen lung și scurt în valută și în monedă locală. Printre punctele forte ale României care susțin decizia agenției sunt evidențiate de nivelul moderat al datoriei publice guvernamentale și al datoriei publice externe, precum și creșterea economică…

The U.S. economy slowed a bit more than initially thought in the second quarter as the strongest growth in consumer spending in 4-1/2 years was offset by declining exports and a smaller inventory build.

În primele șase luni din 2019, piața românească a bunurilor de folosință îndelungată a avut o valoare de 1,436 milioane euro, reprezentând o creștere de peste 2% față de aceeași perioadă a anului trecut. Acest rezultat se datorează în special performanțelor deosebite ale electrocasnicelor mari și mici care, stimulate de programul Rabla, au atins creșteri…

Lira a suferit unul dintre cele mai puternice declinuri ale anului miercuri, în timp ce analiștii Citi au avertizat că planul lui Boris Johnson de a suspenda Parlamentul va trimite moneda și mai jos în săptămânile următoare. Investitorii s-au grăbit să se protejeze de schimbările bruște, după ce Premierul a cerut reginei să suspende Parlamentul…

Bond yields are heading south, and there appears to be no stopping them for now. The benchmark 10-year Treasury note yield, which influences everything from business loans to home mortgages, has been hugging three-year lows and was at 1.45% Wednesday. That’s below the 2-year yield of 1.5%, and the move has been signaling recession. The 30-year…

China’s yuan is being closely watched as its economy slows and as Beijing remains locked in a trade war with the U.S. that has roiled global markets. The onshore yuan fell to levels not seen since February 2008 on Monday, and the offshore yuan dropped to its weakest since it began trading in the international…

The world’s largest wealth manager has turned bearish on stocks, fearing that the latest escalation of the trade fracas between the US and China poses a threat to global markets. Read more World’s top wealth manager urges clients to sell stocks, By Richard Henderson, FT.COM, 26 August 2019 Foto credit: Dreamstime.com

The outlook for the global economy keeps getting bleaker, said the chief economist at the International Monetary, Gita Gopinath. “As the year is progressing, it’s getting harder to find those bright spots. There was the potential of recovery, and we’re still expecting that for many parts of the world … but I’ve got to admit…