EUROPE IN THE GREEN AFTER THE FED, ENERGY AND BANKS IN SUPPORT – by Claude Chendjou PARIS (Reuters) – European stock markets continued their third consecutive session in the green on Thursday, while on Wall Street the trend was also positive at the mid-point, with equity markets being supported mainly by corporate and equity results. … Read more
(Updated with Biden) WASHINGTON, Jan 27 (Reuters) – Judge Stephen Breyer on Thursday announced his decision to step down from the United States Supreme Court, of which he is the oldest member, which should allow President Joe Biden to replace him with a progressive judge. Stephen Breyer, 83, a Democrat, was appointed to the Supreme … Read more
(CercleFinance.com) – New orders for durable goods fell again in December in the United States, after two consecutive months of increase, statistics published on Thursday show. This indicator, often considered a good barometer of corporate investment plans, fell 0.9% last month after gaining 3.2% in November. Economists on average expected a slight drop of around … Read more
UNITED STATES: GROWTH ACCELERATED SIGNIFICANTLY IN THE FOURTH QUARTER – by Lucia Mutikani WASHINGTON (Reuters) – The growth of the U.S. economy accelerated in the fourth quarter of 2021, thanks in particular to the rebuilding of business inventories to meet the recovery in demand, which allows the United States to post on 2021 their strongest … Read more
(CercleFinance.com) – The Paris stock market ends the day’s session with a gain of 0.74%, to 6,837 points, after being heavily unbalanced at the opening of Wall Street, when the US indices fell from the first trades. If the Parisian index was able to regain altitude at the end of the day, the New York … Read more
(CercleFinance.com) – The index of leading indicators of the United States continued to rise in December, attesting to the solidity of the American economy despite, in particular, the appearance of the Omicron variant. The economic index compiled by the Conference Board employers’ organization rose by 0.8% to 120.8 points last month, in line with what … Read more
A supermarket in Glendale, California, January 12, 2022 (AFP / Robyn Beck) – Joe Biden points to global supply difficulties to explain high inflation in the United States, but the trillions of dollars injected into the economy also explain why prices have risen more there than elsewhere. “Inflation is entirely due to the supply chain,” … Read more
by Elaine Lies and David Brunnstrom TOKYO/WASHINGTON, Jan 21 (Reuters) – U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida are due to discuss security issues on Friday amid growing threats from China, North Korea’s missile programs and Russia’s military deployment on the Ukrainian border. The virtual meeting will mark the first major talk … Read more
(CercleFinance.com) – After spending most of the day in the red, the Paris stock market closed the day with a gain of 0.3%, at 7,194 pts. For its part, the Euro Stoxx50 rose by 0.7%, ahead of the DAX (+0.6%). The trend is also on the rise across the Atlantic, the Nasdaq currently gaining 1.8% … Read more
Ukrainian reservists taking part in exercises near Kiev in late December (AFP/Sergei SUPINSKY) – Joe Biden has ruled out sending American soldiers to Ukraine in the event of a Russian invasion, but a few hundred American soldiers are already deployed there, and the Pentagon may have to evacuate them. The presence of American soldiers in … Read more