News
Important Only
What to Watch in the Week Ahead and on Monday, May 19
ON MONDAYJPMorgan Chase is scheduled to hold its investor day, where key executives will highlight the bank's growth strategies. Federal Reserve Bank of Atlanta President Raphael Bostic is expected to give welcome remarks and moderate a discussion before the 2025 Financial Markets Conference - &...Reuters
Fri, May 16
US consumer sentiment deteriorates further in May
WASHINGTON, May 16 (Reuters) - U.S. consumer sentiment slumped further in May while one-year inflation expectations surged as households remained concerned about the economic impact of President Donald Trump's aggressive and often erratic trade policy.The University of Michigan Surveys of Consum...Reuters
Fri, May 16
US UoM Consumer Sentiment Index is seen at 50.8 in May
US consumer sentiment weakened in early May, according to the University of Michigan’s preliminary survey. The Consumer Sentiment Index fell to 50.8 from 52.2 in April, undershooting market expectations and markin a decline in household confidence.Fxstreet
Fri, May 16
Trump says U.S. officials will send letters within weeks over trade
DUBAI, May 16 (Reuters) - U.S. President Donald Trump said on Friday that over the next two to three weeks U.S. officials will be sending letters to countries outlining "what they will be paying to do business in the United States."Trump, speaking in the capital of the United Arab Emirates A...Reuters
Fri, May 16
World Bank says Syria arrears cleared, making country eligible for new loans
WASHINGTON, May 16 (Reuters) - The World Bank on Friday said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible to apply for millions of dollars in grants for reconstruction and budget support.Saudi Arabia an...Reuters
Fri, May 16
US import prices unexpectedly rise in April
WASHINGTON, May 16 (Reuters) - U.S. import prices unexpectedly rose in April as a surge in the cost of capital goods offset cheaper energy products.Import prices gained 0.1% last month after dropping 0.4% in March, the Labor Department's Bureau of Labor Statistics said on Friday. Economists poll...Reuters
Fri, May 16
US single-family housing starts, building permits fell in April
WASHINGTON, May 16 (Reuters) - U.S. single-family homebuilding fell in April as tariffs on imported materials and high mortgage rates remained major obstacles for the housing market.Single-family housing starts, which account for the bulk of homebuilding, dropped 2.1% to a seasonally adjusted annual...Reuters
Fri, May 16
