Majority of Europeans think the EU will fall apart within 20 years, study finds

Most Europeans believe the EU could fall apart within the next two decades, according to a new study. Research published this week showed that levels of support for membership of the European Union are high – but so is pessimism about the future of the bloc. The survey, conducted by the European Council on Foreign Relations (ECFR) and YouGov, had more than 60,000 respondents across 14 EU member states. It found that in every member state except Spain, the majority of voters believe the EU will f


Most Europeans believe the EU could fall apart within the next two decades, according to a new study. Research published this week showed that levels of support for membership of the European Union are high – but so is pessimism about the future of the bloc. The survey, conducted by the European Council on Foreign Relations (ECFR) and YouGov, had more than 60,000 respondents across 14 EU member states. It found that in every member state except Spain, the majority of voters believe the EU will f
Majority of Europeans think the EU will fall apart within 20 years, study finds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: chloe taylor
Keywords: news, cnbc, companies, majority, showed, voters, respondents, spain, fall, member, think, 20, europeans, apart, finds, realistic, eu, european, study


Majority of Europeans think the EU will fall apart within 20 years, study finds

Most Europeans believe the EU could fall apart within the next two decades, according to a new study.

Research published this week showed that levels of support for membership of the European Union are high – but so is pessimism about the future of the bloc.

The survey, conducted by the European Council on Foreign Relations (ECFR) and YouGov, had more than 60,000 respondents across 14 EU member states.

It found that in every member state except Spain, the majority of voters believe the EU will fall apart within the next 10 to 20 years.

In France, 58% of respondents said it was realistic that the bloc would collapse within two decades, with 57% of Italian and Polish voters agreeing to that. Even in Spain, 40% of respondents said it was a realistic possibility that the EU could fall apart.

The data showed that most Europeans saw the collapse of the single market as the biggest loss should the EU break down, followed by free travel across borders and the freedom to live and work in other countries.


Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: chloe taylor
Keywords: news, cnbc, companies, majority, showed, voters, respondents, spain, fall, member, think, 20, europeans, apart, finds, realistic, eu, european, study


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Asia markets fall amid tariffs fears while Chinese trade data surprises

Asia stocks declined Wednesday as investors digested ongoing developments in the U.S.-China trade negotiations, which sent stateside shares tumbling overnight. Mainland Chinese shares were lower on the day, with the Shanghai composite down 1.12% to about 2,893.76. Chinese trade data for April showed both exports and trade surplus missed expectations while imports surprisingly rose. Customs data showed trade surplus was $13.84 billion, far lower than the $35 billion analysts had expected. Elsewhe


Asia stocks declined Wednesday as investors digested ongoing developments in the U.S.-China trade negotiations, which sent stateside shares tumbling overnight. Mainland Chinese shares were lower on the day, with the Shanghai composite down 1.12% to about 2,893.76. Chinese trade data for April showed both exports and trade surplus missed expectations while imports surprisingly rose. Customs data showed trade surplus was $13.84 billion, far lower than the $35 billion analysts had expected. Elsewhe
Asia markets fall amid tariffs fears while Chinese trade data surprises Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-08  Authors: eustance huang
Keywords: news, cnbc, companies, trade, tariffs, fall, declined, lower, fell, asia, amid, surprises, markets, index, fears, chinese, shenzhen, shares, data, surplus, showed


Asia markets fall amid tariffs fears while Chinese trade data surprises

Asia stocks declined Wednesday as investors digested ongoing developments in the U.S.-China trade negotiations, which sent stateside shares tumbling overnight.

Mainland Chinese shares were lower on the day, with the Shanghai composite down 1.12% to about 2,893.76. The Shenzhen component slid 0.96% to 9,002.53 while the Shenzhen composite declined 0.649% to approximately 1,530.31.

Chinese trade data for April showed both exports and trade surplus missed expectations while imports surprisingly rose. Customs data showed trade surplus was $13.84 billion, far lower than the $35 billion analysts had expected.

April exports fell 2.7 percent from a year ago. They were expected to have risen 2.3 percent from a year earlier, according to economists Reuters polled.

The Hang Seng index in Hong Kong declined around 1.2%, as of its final hour of trading.

Elsewhere in Asia, Japan’s Nikkei 225 dropped 1.46% to close at 21,602.59, with shares of index heavyweight Fanuc declining 2.24%. The Topix index also fell 1.72% to 1,572.33.

In South Korea, the Kospi finished its trading day lower by 0.41% at 2,168.01, with Samsung Electronics shares declining 1.34%.

Australia’s ASX 200 also shed 0.42% to close at 6,269.10, as most sectors slipped. Shares of TPG Telecom plunged 13.53% after the company’s merger with Vodafone was blocked by the Australian Competition and Consumer Commission.

“”From an asset allocation perspective … we think that we are quite defensive right now, waiting for this volatility to pass,” Thomas Poullaouec, head of Asia Pacific multi-asset solutions at T. Rowe Price, told CNBC’s “Street Signs” on Wednesday.


Company: cnbc, Activity: cnbc, Date: 2019-05-08  Authors: eustance huang
Keywords: news, cnbc, companies, trade, tariffs, fall, declined, lower, fell, asia, amid, surprises, markets, index, fears, chinese, shenzhen, shares, data, surplus, showed


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Elon Musk owes $507 million to banks helping Tesla raise capital

Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday. A Tesla 2017 prospectus showed $624 million in loans to Musk. The filing on Thursday showed Musk owed money to three banks working on the capital increase. If Tesla’s


Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday. A Tesla 2017 prospectus showed $624 million in loans to Musk. The filing on Thursday showed Musk owed money to three banks working on the capital increase. If Tesla’s
Elon Musk owes $507 million to banks helping Tesla raise capital Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03
Keywords: news, cnbc, companies, stock, shares, helping, loans, tesla, million, owes, 507, capital, raise, banks, teslas, showed, prospectus, musk, elon


Elon Musk owes $507 million to banks helping Tesla raise capital

Elon Musk, chief executive officer of Tesla Inc., arrives at federal court in New York, U.S., on Thursday, April 4, 2019. The SEC says Musk violated his agreement with the agency when he tweeted on February 19 that Tesla would make about half a million cars in 2019, before tweeting a few hours later that deliveries would only reach about 400,000.

Tesla Inc Chief Executive Elon Musk personally owes $507 million to Wall Street banks involved in Tesla’s stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday.

The lending was disclosed in Tesla’s prospectus on Thursday to raise up to $2.3 billion with new shares and convertible debt, and it was $117 million less than the personal loans to Musk disclosed in Tesla’s previous prospectus in 2017.

Still, Tesla said that if the price of its stock falls and the banks force Musk to sell some of his shares, that could create additional pressure on the stock.

Tesla jumped over 4% after Tesla disclosed capital raising plans, which soothed investors’ recent concerns about the Palo Alto, California company and pulled its stock up from two-year lows.

Musk, who owns 20% of Tesla, has taken personal loans from Wall Street banks for years. A Tesla 2017 prospectus showed $624 million in loans to Musk.

The filing on Thursday showed Musk owed money to three banks working on the capital increase.

Goldman Sachs Group Inc has $213 million in loans outstanding to Musk, while he owes Morgan Stanley $209 million, and another $85 million to Bank of America Corp. Goldman was not mentioned as a personal lender to Musk in the 2017 filing.

Those loans are backed by Musk’s shares in Tesla, currently worth a total of around $8 billion. If Tesla’s stock declines, then Musk could be forced to sell some of those shares under terms of the loan, according to the Tesla filing.


Company: cnbc, Activity: cnbc, Date: 2019-05-03
Keywords: news, cnbc, companies, stock, shares, helping, loans, tesla, million, owes, 507, capital, raise, banks, teslas, showed, prospectus, musk, elon


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Powell says Fed doesn’t see strong case for rate cut or hike

We don’t see a strong case for moving in either direction,” Powell said during a news conference after the central bank’s policy meeting this week. Before the chairman’s comments, traders on the fed funds futures market had been pricing in about a 67% chance of a rate cut by the end of the year. That probability had been reduced to about 55%, according to the CME’s tracker of trading in the Fed’s benchmark rate. The president has cited low inflation as a key reason for the Fed to cut. Other meas


We don’t see a strong case for moving in either direction,” Powell said during a news conference after the central bank’s policy meeting this week. Before the chairman’s comments, traders on the fed funds futures market had been pricing in about a 67% chance of a rate cut by the end of the year. That probability had been reduced to about 55%, according to the CME’s tracker of trading in the Fed’s benchmark rate. The president has cited low inflation as a key reason for the Fed to cut. Other meas
Powell says Fed doesn’t see strong case for rate cut or hike Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: jeff cox
Keywords: news, cnbc, companies, rate, strong, case, showed, market, doesnt, inflation, rates, policy, powell, hike, cut, feds, federal, fed


Powell says Fed doesn't see strong case for rate cut or hike

The Federal Reserve feels comfortable with current policy and is likely to keep interest rates steady for an extended period of time, Chairman Jerome Powell said Wednesday.

Powell’s comments coincided with a sharp stock market sell-off attributed to worries that the Fed would not be cutting rates anytime soon, contrary to market pricing.

“We do think our policy stance is appropriate right now. We don’t see a strong case for moving in either direction,” Powell said during a news conference after the central bank’s policy meeting this week.

Before the chairman’s comments, traders on the fed funds futures market had been pricing in about a 67% chance of a rate cut by the end of the year. That probability had been reduced to about 55%, according to the CME’s tracker of trading in the Fed’s benchmark rate.

In a move that met market expectations, the Federal Open Market Committee unanimously voted to keep the benchmark rate in a range between 2.25% and 2.5%.

President Donald Trump has exerted an unusual level of public pressure to get the Fed to lower rates, suggesting Tuesday that a 1 percentage point cut would be in order.

Without addressing Trump’s criticisms directly, Powell said that absent a significant change in conditions, the current policy will prevail.

The president has cited low inflation as a key reason for the Fed to cut. Powell, though, said that he expects inflation to run close to the central bank’s 2% goal.

“If we did see inflation running persistently below [the goal], that is something the committee would be concerned about, something we would take into account when setting policy,” Powell said in response to a question from CNBC’s Steve Liesman.

The Fed’s favored inflation gauge showed a 12-month gain of 1.6% in March. Powell acknowledged that the reading was below what he had expected, but he called the pressures that drove inflation lower “transient” and likely to revert as the reading gets closer to the Fed’s goal. Among the transitory factors he cited were a decline in financial services fees after the stock market’s fourth-quarter slide, as well as health-care costs.

Other measures besides the personal consumption expenditures index have showed inflation around 2%. The Dallas Fed’s trimmed mean PCE indicator as well as the core consumer price index both showed a 2% gain in March.

As the market digested Powell’s comments, stocks took a sharp turn downward and the Dow Jones Industrial Average finished the day off 163 points.

Chris Gaffney, president of world markets at TIAA Bank, said some of the issue was that traders misinterpreted a technical adjustment the Fed made to the interest it pays on excess bank reserves.

The Federal Open Market Committee reduced the rate by 5 basis points to 2.35%, a move the market initially interpreted as a dovish tilt for the policymaking group. However, Powell explained at his post-meeting news conference that the move was done simply to keep the benchmark fed funds rate within its target range of 2.25% to 2.5% and did not represent a policy shift.


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: jeff cox
Keywords: news, cnbc, companies, rate, strong, case, showed, market, doesnt, inflation, rates, policy, powell, hike, cut, feds, federal, fed


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Personal income March 2019

At the same time, consumer spending surged amid a jump in expenditures on motor vehicles and health care. “The inflation rate continues to slip lower and lower,” Kudlow told CNBC’s “Squawk on the Street.” “Even according to the Fed’s own spokespeople, from the chairman on down, that could open the door to a target rate reduction.” While the price index fell, consumer spending surged to its highest level in 9½ years in March. The consumer spending numbers are important as they suggest higher cons


At the same time, consumer spending surged amid a jump in expenditures on motor vehicles and health care. “The inflation rate continues to slip lower and lower,” Kudlow told CNBC’s “Squawk on the Street.” “Even according to the Fed’s own spokespeople, from the chairman on down, that could open the door to a target rate reduction.” While the price index fell, consumer spending surged to its highest level in 9½ years in March. The consumer spending numbers are important as they suggest higher cons
Personal income March 2019 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: jeff cox, fred imbert
Keywords: news, cnbc, companies, rate, personal, spending, income, headline, fed, rose, target, core, 2019, inflation, showed, consumer


Personal income March 2019

The Federal Reserve’s preferred inflation gauge showed no change in March and remained well below the central bank’s target, a government report Monday showed. At the same time, consumer spending surged amid a jump in expenditures on motor vehicles and health care.

The core personal consumption expenditures index, which strips out volatile food and energy prices, was flat for the month and up 1.6% year over year. The headline number rose 0.2% for a 1.5% increase over the year.

February’s results were largely the same.

Get the market reaction here.

The core and headline measures rose just 0.1% for that month, while the core was up 1.7% on the year and the headline rate increased 1.3%.

The PCE deflator is the Fed’s key inflation metric. The central bank considers 2% a healthy level for price stability but has failed to hit the target for most of the past decade or so.

Fed officials have said they expect to hold interest rates steady for the rest of the year, due in part to a low inflation rate.

Markets are assigning about a 65% chance of a rate cut by the end of the year, though individual Fed members have said they see little chance of any loosening in policy ahead.

The tame inflation numbers “will reinforce the concerns of several officials that inflation is still too low to be consistent with the 2% target and, if we’re right in expecting activity growth to slow over the course of this year, makes it all the more likely that the Fed will be seriously contemplating interest rate cuts before too long,” Andrew Hunter, senior U.S. economist at Capital Economics, said in a note.

Deciding the future rate path got a little more complicated last week when a government reported showed that GDP grew by a much stronger-than-expected 3.2% in the first quarter. Despite the strong economic growth, the White House continues to push for rate cuts.

Larry Kudlow, director of the National Economic Council, on Friday repeated his contention that a 50 basis point reduction in the Fed’s benchmark interest rate is warranted. The federal funds rate is now targeted at 2.25% to 2.5%.

“The inflation rate continues to slip lower and lower,” Kudlow told CNBC’s “Squawk on the Street.” “Even according to the Fed’s own spokespeople, from the chairman on down, that could open the door to a target rate reduction.”

Later this week, the policymaking Federal Open Market Committee holds its two-day meeting that will conclude Wednesday. Markets expect no change in rates, though Fed Chairman Jerome Powell’s news conference afterward could provide future clues on monetary policy.

In their most recent economic projections, Fed officials said they expect core inflation to hit 2% for the full year in 2019 and headline PCE to hit 1.8%.

“Bottom line, if income growth, while rising at a good pace, is no longer accelerating, it is more imperative than ever in this cycle that inflation remains low. We need higher REAL wages and trying to stimulate higher inflation will do the exact opposite,” said Peter Boockvar, chief investment officer at Bleakley Advisory Group.

While the price index fell, consumer spending surged to its highest level in 9½ years in March. Consumer spending rose 0.9% overall and 0.7% when adjusted for inflation. The consumer spending numbers are important as they suggest higher consumption numbers on the way for the second quarter.

The Commerce Department has been releasing two months of data at a time as it catches up from the government shutdown that ended Jan. 25.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: jeff cox, fred imbert
Keywords: news, cnbc, companies, rate, personal, spending, income, headline, fed, rose, target, core, 2019, inflation, showed, consumer


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US Treasury yields rise as consumer spending surges in March

U.S. government debt prices fell on Monday a government report showed consumer spending surged to its highest level in 9 and a half years in March. The yield on the benchmark 10-year Treasury note, which moves inversely to price, was 1.33% higher at around 2.5355, while the yield on the 30-year Treasury bond was also higher at around 2.9519. Consumer spending rose 0.9% overall and 0.7% when adjusted for inflation, driven by a jump in expenditures on motor vehicles and health care. Official data


U.S. government debt prices fell on Monday a government report showed consumer spending surged to its highest level in 9 and a half years in March. The yield on the benchmark 10-year Treasury note, which moves inversely to price, was 1.33% higher at around 2.5355, while the yield on the 30-year Treasury bond was also higher at around 2.9519. Consumer spending rose 0.9% overall and 0.7% when adjusted for inflation, driven by a jump in expenditures on motor vehicles and health care. Official data
US Treasury yields rise as consumer spending surges in March Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: yun li sam meredith, yun li, sam meredith
Keywords: news, cnbc, companies, expenditures, data, treasury, rose, consumer, showed, higher, yield, rise, surges, policy, federal, spending, yields


US Treasury yields rise as consumer spending surges in March

U.S. government debt prices fell on Monday a government report showed consumer spending surged to its highest level in 9 and a half years in March.

The yield on the benchmark 10-year Treasury note, which moves inversely to price, was 1.33% higher at around 2.5355, while the yield on the 30-year Treasury bond was also higher at around 2.9519.

Consumer spending rose 0.9% overall and 0.7% when adjusted for inflation, driven by a jump in expenditures on motor vehicles and health care. Meanwhile, the core personal consumption expenditures was flat for the month and up 1.6% year over year, and the headline number rose 0.2% for a 1.5% increase over the year.

Market participants eagerly await a meeting of the U.S. Federal Reserve and the publication of Chinese factory data for further clues on policy direction in the world’s largest economies.

It comes after the U.S. reported stronger-than-anticipated growth over the first three months of the year. Official data showed gross domestic product (GDP) stood at an annualized rate of 3.2% in the first quarter, beating analyst expectations.

The U.S. central bank’s Federal Open Market Committee (FOMC) is due to announce its latest monetary policy decision on Wednesday.

Meanwhile, the U.S. Treasury is set to auction $39 billion in 13-week bills and $36 billion in 26-week bills.


Company: cnbc, Activity: cnbc, Date: 2019-04-29  Authors: yun li sam meredith, yun li, sam meredith
Keywords: news, cnbc, companies, expenditures, data, treasury, rose, consumer, showed, higher, yield, rise, surges, policy, federal, spending, yields


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Europe’s economy is experiencing a crisis of confidence

An array of data has pointed to worrying signs of a slowdown in the euro zone with further signs last week that Europe’s largest economy Germany is weakening. Euro zone industrial production data for February is due Friday and economists polled by Reuters expect it to have declined by 0.6 percent month-on-month. Data released by German statistics office Destatis Friday showed that German industrial production (excluding energy and construction) fell 0.2 percent in February on the previous month.


An array of data has pointed to worrying signs of a slowdown in the euro zone with further signs last week that Europe’s largest economy Germany is weakening. Euro zone industrial production data for February is due Friday and economists polled by Reuters expect it to have declined by 0.6 percent month-on-month. Data released by German statistics office Destatis Friday showed that German industrial production (excluding energy and construction) fell 0.2 percent in February on the previous month.
Europe’s economy is experiencing a crisis of confidence Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: holly ellyatt, christopher furlong, getty images news, getty images, dan kitwood
Keywords: news, cnbc, companies, germany, signs, manufacturing, experiencing, production, data, industrial, zone, confidence, crisis, economy, showed, german, europes, released


Europe's economy is experiencing a crisis of confidence

An array of data has pointed to worrying signs of a slowdown in the euro zone with further signs last week that Europe’s largest economy Germany is weakening. And more bad news could be on the way.

Euro zone industrial production data for February is due Friday and economists polled by Reuters expect it to have declined by 0.6 percent month-on-month.

“National data for February that have already been released show declines in total industrial production of 0.4 percent in Germany, 1.1 percent in Spain and 0.1 percent in Ireland,” Jack Allen, senior Europe economist at Capital Economics said in a note Friday, after what he said was “another set of weak economic data in the euro-zone” with specific reference to Germany.

Data released by German statistics office Destatis Friday showed that German industrial production (excluding energy and construction) fell 0.2 percent in February on the previous month. The day before, data showed new manufacturing orders fell 4.2 percent from January with declines seen both at a domestic and foreign level.

The data came after IHS Markit’s purchasing manager’s index (PMI) released on April 1 showed the manufacturing sector figure in Germany for March had fallen to an 80-month low (of 44.1). A level under 50 indicates contraction.


Company: cnbc, Activity: cnbc, Date: 2019-04-09  Authors: holly ellyatt, christopher furlong, getty images news, getty images, dan kitwood
Keywords: news, cnbc, companies, germany, signs, manufacturing, experiencing, production, data, industrial, zone, confidence, crisis, economy, showed, german, europes, released


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Stocks set for muted open after Monday’s rally

U.S. stock futures were little changed on Tuesday as investors digested a strong rally from the previous session. ET, Dow Jones Industrial Average futures traded 3 points higher, indicating a decline of 7 points at the open, while the S&P 500 and Nasdaq indexes also pointed to a flat open. The muted moves come after strong manufacturing data out of the U.S. and China raised sentiment during Monday’s session, with the Dow closing above 26,000 points for the first time since Feb. 26. U.S. manufact


U.S. stock futures were little changed on Tuesday as investors digested a strong rally from the previous session. ET, Dow Jones Industrial Average futures traded 3 points higher, indicating a decline of 7 points at the open, while the S&P 500 and Nasdaq indexes also pointed to a flat open. The muted moves come after strong manufacturing data out of the U.S. and China raised sentiment during Monday’s session, with the Dow closing above 26,000 points for the first time since Feb. 26. U.S. manufact
Stocks set for muted open after Monday’s rally Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-02  Authors: ryan browne
Keywords: news, cnbc, companies, stocks, manufacturing, futures, dow, traded, strong, muted, set, data, showed, et, rally, points, activity, mondays, open


Stocks set for muted open after Monday's rally

U.S. stock futures were little changed on Tuesday as investors digested a strong rally from the previous session.

As of 8 a.m. ET, Dow Jones Industrial Average futures traded 3 points higher, indicating a decline of 7 points at the open, while the S&P 500 and Nasdaq indexes also pointed to a flat open.

The muted moves come after strong manufacturing data out of the U.S. and China raised sentiment during Monday’s session, with the Dow closing above 26,000 points for the first time since Feb. 26.

U.S. manufacturing activity expanded last month, data showed, rebounding from its lowest level since late 2016. A separate survey showed China’s factory activity also rebounded, expanding at its fastest pace in eight months.

In other data news, the U.S. durable goods report is due to be released Tuesday at 8:30 a.m. ET.


Company: cnbc, Activity: cnbc, Date: 2019-04-02  Authors: ryan browne
Keywords: news, cnbc, companies, stocks, manufacturing, futures, dow, traded, strong, muted, set, data, showed, et, rally, points, activity, mondays, open


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Treasury yields fall amid strong manufacturing data

U.S. government debt prices were higher Tuesday, following the release of solid manufacturing data in the U.S. and China. The yield on the benchmark 10-year Treasury note fell to 2.476 percent, while the yield on the 30-year Treasury bond dipped to 2.876 percent. Market players digested strong manufacturing data of the U.S. and China. U.S. factory activity expanded last month, data showed, rebounding from its lowest level since late 2016. A separate survey showed China’s manufacturing activity a


U.S. government debt prices were higher Tuesday, following the release of solid manufacturing data in the U.S. and China. The yield on the benchmark 10-year Treasury note fell to 2.476 percent, while the yield on the 30-year Treasury bond dipped to 2.876 percent. Market players digested strong manufacturing data of the U.S. and China. U.S. factory activity expanded last month, data showed, rebounding from its lowest level since late 2016. A separate survey showed China’s manufacturing activity a
Treasury yields fall amid strong manufacturing data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-02  Authors: ryan browne
Keywords: news, cnbc, companies, manufacturing, amid, treasury, yields, survey, bond, strong, activity, fall, data, showed, yield


Treasury yields fall amid strong manufacturing data

U.S. government debt prices were higher Tuesday, following the release of solid manufacturing data in the U.S. and China.

The yield on the benchmark 10-year Treasury note fell to 2.476 percent, while the yield on the 30-year Treasury bond dipped to 2.876 percent. Bond yields move inversely to prices.

Market players digested strong manufacturing data of the U.S. and China.

U.S. factory activity expanded last month, data showed, rebounding from its lowest level since late 2016. A separate survey showed China’s manufacturing activity also rebounded, expanding at its fastest pace in eight months.


Company: cnbc, Activity: cnbc, Date: 2019-04-02  Authors: ryan browne
Keywords: news, cnbc, companies, manufacturing, amid, treasury, yields, survey, bond, strong, activity, fall, data, showed, yield


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Japan’s big manufacturers’ morale worsens in the first quarter, Bank Of Japan’s tankan survey shows

Business confidence at big Japanese manufacturers worsened in March from three months ago, the Bank of Japan’s closely watched “tankan” survey showed on Monday, underscoring concerns that slumping exports and factory output were taking their toll on Japan’s economy. The headline index for big manufacturers’ sentiment stood at plus 12 in March, versus plus 19 registered three months ago, the quarterly tankan survey showed. It compared with the median estimate of plus 14 in a Reuters poll of econo


Business confidence at big Japanese manufacturers worsened in March from three months ago, the Bank of Japan’s closely watched “tankan” survey showed on Monday, underscoring concerns that slumping exports and factory output were taking their toll on Japan’s economy. The headline index for big manufacturers’ sentiment stood at plus 12 in March, versus plus 19 registered three months ago, the quarterly tankan survey showed. It compared with the median estimate of plus 14 in a Reuters poll of econo
Japan’s big manufacturers’ morale worsens in the first quarter, Bank Of Japan’s tankan survey shows Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: yuriko nakao
Keywords: news, cnbc, companies, plus, worsens, bank, sentiment, quarter, japans, showed, say, big, months, median, tankan, versus, morale, manufacturers, survey, shows


Japan's big manufacturers' morale worsens in the first quarter, Bank Of Japan's tankan survey shows

Business confidence at big Japanese manufacturers worsened in March from three months ago, the Bank of Japan’s closely watched “tankan” survey showed on Monday, underscoring concerns that slumping exports and factory output were taking their toll on Japan’s economy.

The headline index for big manufacturers’ sentiment stood at plus 12 in March, versus plus 19 registered three months ago, the quarterly tankan survey showed. It compared with the median estimate of plus 14 in a Reuters poll of economists.

The index is expected to fall further to plus 8 over the next three months.

The survey also showed that big firms plan to raise their capital spending by 1.2 percent in the financial year to March 2020, versus analysts’ median estimate of a 0.4 percent decline.

The tankan’s sentiment indexes are derived by subtracting the number of respondents who say conditions are poor from those who say they are good. A positive reading means optimists outnumber pessimists.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: yuriko nakao
Keywords: news, cnbc, companies, plus, worsens, bank, sentiment, quarter, japans, showed, say, big, months, median, tankan, versus, morale, manufacturers, survey, shows


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