News
Moody's Chief Economist Warns: Strong U.S. Job Growth in January Is Unsustainable
50+ min ago (366+ words) The U.S. Bureau of Labor Statistics released its delayed January employment report on Wednesday, showing that the U.S. economy added 130,000 jobs in the first month of 2026, exceeding economists' expectations. However, Moody's Chief Economist Mark Zandi cautioned not to be misled by these…...
Currencies: The reason Trump favors a lower US dollar
2+ hour, 22+ min ago (135+ words) Currencies: The reason Trump favors a lower US dollar'Bitget Currencies: The reason Trump favors a lower US dollar Decline of the U.S. Dollar Under President Trump Although President Trump frequently highlights America's strength, the U.S. dollar has been steadily losing value during…...
U.S. agency contradicts Trump: Tariffs dent economic growth
2+ hour, 46+ min ago (490+ words) The latest Congressional Budget Office report on the U.S. economy released Wednesday had plenty of caveats given the difficulty of forecasting during a volatile Trump administration. One detail, though, seemed clear. The barrage of tariffs that President Donald Trump has set…...
February 12 Closing: U.S. Stocks Close Slightly Lower as Non-Farm Payroll Data Reduces Probability of Fed Rate Cut
3+ hour, 45+ min ago (794+ words) In the early morning of February 12, Eastern Time (UTC+8), U.S. stocks closed slightly lower on Wednesday. U.S. nonfarm payroll data for January far exceeded expectations, indicating that the economic fundamentals remain solid and reducing the likelihood of a Federal Reserve rate cut…...
US debt expected to climb to $64 trillion by 2036, according to a nonpartisan organization
5+ hour, 41+ min ago (405+ words) According to a recent analysis by the Congressional Budget Office (CBO), the United States' national debt is expected to soar to $64 trillion within the next ten years. This significant increase is attributed in part to tax reductions implemented during President…...
USD: K-shaped, from divergence to convergence
5+ hour, 43+ min ago (248+ words) In recent years, there has been a useful framework for understanding the US dollar exchange rate: the K-shaped divergence. The so-called K-shape means that the US economy has both strong components (such as the stock market and GDP) and weaker…...
Treasuries hold as Fed independence debate meets Trump push
6+ hour, 13+ min ago (417+ words) President Trump has called for the United States to have the "lowest interest rates in the world," but the Federal Reserve, not the White House, sets U.S. policy rates. The central bank's leadership has emphasized decisions grounded in incoming data rather…...
EU Finance Ministers Plan to Discuss Enhancing the Use of the Euro in Transactions to Strengthen Its Global Position
7+ hour, 26+ min ago (295+ words) Eurozone finance ministers will discuss options to promote the use of the euro in issuance and trading, as part of the bloc's efforts to enhance the euro's global role and demonstrate European financial independence. According to documents prepared by the…...
Commodity wrap: gold, oil, base metals surge on dollar weakness, supply risks
7+ hour, 42+ min ago (632+ words) Gold prices rose more than 1% on Wednesday as a weaker dollar and falling bond yields boosted sentiment. Gold prices climbed back over $5,100 per ounce, while silver rose more than 4% as investors digested key employment data from the US. Meanwhile, oil…...
10-year Treasury yield rises following a January jobs report that surpassed expectations
7+ hour, 49+ min ago (153+ words) 10-year Treasury yield rises following a January jobs report that surpassed expectations'Bitget 10-year Treasury yield rises following a January jobs report that surpassed expectations U.S. Treasury Yields Climb Following Strong January Jobs Report Yields on U.S. Treasury bonds increased after January's employment…...