STATUS CHECK: TRUMP ‘TO SET EXAMPLE’ BY AXING JACKSONVILLE CONVENTION SITE
WASHINGTON (MaceNews) – The following is Thursday’s updated status check of developments in the U.S. that can influence economic, health and political outcomes: The VIX jumped more than 7% into anxiety territory at 26.08 reflecting the negativity in the day’s stocks action. The DJIA took a 1.32% hit, falling 353.51 but it was the Nasdaq […]
GERMAN CONSUMER CONFIDENCE BOOSTED BY VAT CUT
By Marco Babic ZURICH (MaceNews) – Confidence among German consumers improved in July, bolstered by a cut in the value-added tax (VAT) and showing a V-shaped recovery in consumer confidence. The GfK index of consumer sentiment rose to -9.4 in July from -18.6 in June, driven by improvements in all of the main components, leading […]
DATA FLASH: US INITIAL CLAIMS RISE, CONGRESS DEBATES NEXT STEP
–-Initial Claims +109,000 to 1.416 Mln; Continuing Claims -1.107m to 16.197 Mln By Kevin Kastner WASHINGTON (MaceNews) – As Congress debates how to deal with the end of July deadline for the extended jobless claims program, another 1.416 million initial claims were filed in the July 18 employment survey week, up 109,000 from the level in […]