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Donald Trump lands in Alaska ahead of Putin meeting
United States (US) President Donald Trump has landed in Alaska, as he gears up for his sit-down meeting with Russian President Vladimir Putin to negotiate a peace deal between Russia and Ukraine. Ukrainian President Volodimir Zelenskiy is not in attendance.Fxstreet
Fri, Aug 15
What to Watch in the Week Ahead and on Monday, August 18
ON MONDAYPalo Alto Networks is expected to report higher fourth-quarter revenue, driven by growing demand for its integrated cybersecurity solutions.The National Association of Home Builders' (NAHB) housing market index, a gauge of U.S. homebuilder sentiment, is forecast to rise to 34.0 in Augus...Reuters
Fri, Aug 15
Busy September US corporate bond market expected despite lower rate cut odds
By Matt Tracy and Shankar Ramakrishnan Aug 15 (Reuters) - Companies' U.S. dollar bond issuance will likely carry September to one of the heaviest months for investment-grade supply this year, despite more volatility in Treasury yields as hopes for a bigger Federal Reserve interest rate cut we...Reuters
Fri, Aug 15
WRAPUP 2-US retail sales rise in July; softening job market poses risk to spending
Retail sales increase 0.5% in July, June sales revised upCore retail sales rise 0.5% amid promotions, discountsImport prices increase 0.4%; rise driven by consumer goodsConsumer sentiment ebbs in August; inflation expectations riseBy Lucia Mutikani WASHINGTON, Aug 15 (Reuters) - U.S. retail sales...Reuters
Fri, Aug 15
Euro zone bond yields rise as traders digest hot US inflation, await Alaska summit
By Lucy Raitano LONDON, Aug 15 (Reuters) - Euro zone bond yields rose on Friday as markets continued to digest Thursday's hot U.S. inflation print while awaiting the Alaska summit between U.S. President Donald Trump and Russian President Vladimir Putin.German 10-year yields DE10YT=RR were up ...Reuters
Fri, Aug 15
India plans sweeping consumption tax cuts by October to boost economy
India tax cut plan aims to boost growth in face of US tariffsGovernment plans a two-rate GST structure of 5%, 18% India plans to do away with 12%, 28% tax ratesPlans to charge 5% tax on 99% of items that are charged 12% By Nikunj Ohri and Shilpa Jamkhandikar NEW DELHI, Aug 15 (Reuters) - India...Reuters
Fri, Aug 15
Fed's Goolsbee: want more assurance on inflation to cut in Sept or autumn
Rise in services inflation an area of concern, Goolsbee saysSept rate cut possible if fresh reports show inflation not spiraling, Goolsbee saysEconomists, financial markets expect Fed to cut rates next monthBy Ann Saphir Aug 15 (Reuters) - Chicago Federal Reserve Bank President Austan Goolsbee o...Reuters
Fri, Aug 15
US business inventories rise as expected in June
WASHINGTON, Aug 15 (Reuters) - U.S. business inventories increased as expected in June, lifted by higher motor vehicle stocks.Inventories rose 0.2% after being unchanged in May, the Commerce Department's Census Bureau said on Friday. Inventories are a key component of gross domestic product and ...Reuters
Fri, Aug 15
US manufacturing production stalls in July
WASHINGTON, Aug 15 (Reuters) - U.S. factory production was unchanged in July suggesting manufacturing activity was stalling as businesses navigate higher costs from import tariffs. The unchanged reading in manufacturing output reported by the Federal Reserve on Friday followed an upwardly revised 0....Reuters
Fri, Aug 15
TREASURIES-Longer-dated yields rise, Fed policy in focus
Yields mixed as investors consider Fed policyUS retail sales increased solidly in JulyEuropean government bond selloff dragging longer-dated US yields higherBy Karen Brettell Aug 15 (Reuters) - Longer-dated U.S. Treasury yields rose on Friday as traders evaluated how many times the Federal Reserv...Reuters
Fri, Aug 15
US consumer sentiment weakens in August; inflation expectations rise
WASHINGTON, Aug 15 (Reuters) - U.S. consumer sentiment softened in August as households anticipated higher goods prices because of import tariffs.The University of Michigan's Surveys of Consumers on Friday said its Consumer Sentiment Index dropped to 58.6 this month from a final reading of 61.7 ...Reuters
Fri, Aug 15
U.S. July Retail Sales Show Resilience — Upward Revision Weakens Rate Cut Bets
TradingKey - On August 15 (U.S. Eastern Time), the U.S. Census Bureau released the latest retail sales data. July retail sales rose 0.5% month-over-month, while June’s figure was revised up slightly to 0.9% from 0.8%. Year-over-year, retail sales grew 3.9%TradingKey
Fri, Aug 15
US Industrial Production contracts by 0.1% in July
Industrial Production in the United States (US) contracted by 0.1% on a monthly basis in July, the data published by the Federal Reserve (Fed) showed on Friday. This reading followed the 0.4% increase recorded in June and came in worse than the market expectation for a no change.Fxstreet
Fri, Aug 15
Fed’s Goolsbee: Don’t need to hold rates for ever
In a CNBC interview, Austan Goolsbee, President of the Federal Reserve Bank of Chicago, said rates do not need to be kept “forever” and that if inflation returns to its earlier benign trend, it would be appropriate to lower rates toward their long-term level.Fxstreet
Fri, Aug 15
