JPM: Chinese PMI came in below expectations in July, with a decline of 0.5-pt to 50.4, adding to the fall of 0.1-pt in June, and registering the lowest reading since March 2020. Further details highlight broad-based softening among the major components…
FxMacro Sun 01 Aug 2021 14:28- JPM: We believe China Internet stocks are likely to face continuous pressure in 2H21 as we expect more regulatory measures will be introduced FxMacro Sun 01 Aug 2021 14:28
The U.S. labor market hasn’t achieved enough progress to justify a pullback in the Federal Reserve’s stimulus program but is on track to reach a key threshold around the end of the year, a top central bank official said in a speech prepared for delivery Friday night.
The Fed cut its benchmark interest rate to near zero in March 2020 and has been purchasing at least $120 billion a month in Treasurys and mortgage bonds to provide extra stimulus to the economy. Officials since the end of last year said those purchases would continue until they see “substantial further progress” toward their goals of low unemployment and stable inflation.
Fed governor Lael Brainard signaled the central bank hasn’t met that standard yet but could do so by December or a little bit before that. In her remarks, she said the Fed would be in a better position to assess the job market’s progress in October, when spending, school and work patterns “should settle into a post-pandemic...
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- U.S. Commander in Afghanistan Says Security Deteriorating as Troops Close In on Complete Pullout.. $1tr and thousands of lives later nothing has changed FxMacro Tue 29 Jun 2021 20:00
WASHINGTON, June 29 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday tapped New Jersey Attorney General Gurbir Grewal to head its enforcement unit tasked with policing markets, changing tack after the previous pick stepped down days in to the job.
Grewal, the first-ever Sikh-American attorney general, has been New Jersey's chief law enforcement officer since early 2018 after a lifetime working in government outside of stints earlier in his career. He previously worked as an assistant U.S. attorney in New Jersey where he led the office's economic crimes unit.
"He has the ideal combination of experience, values, and leadership ability to helm the enforcement division," SEC Chair Gary Gensler said in a statement. "I look forward to working closely with him to protect investors and root out wrongdoing in our markets."
The appointment marks a change from the SEC's previous appointment of Alex Oh to the same role in April. Oh had worked in...
- RT @TomBrady: Stoked to partner with @SBF_Alameda and @FTX_Official as we continue building the future of crypto. I hear we’re headed to th… FxMacro Tue 29 Jun 2021 19:40
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- Its been a pretty good 3 day ramp here in Bitcoin but we are overbought and have reached short term resistance levels... https://t.co/VE3Dd6PhYs FxMacro Tue 29 Jun 2021 18:20
- Tom Brady, Gisele Bündchen Take Stake in Crypto Firm FTX (1)... omg sell Mortimore sell FxMacro Tue 29 Jun 2021 17:50
- MODERNA INC - VACCINATION WITH MODERNA COVID-19 VACCINE PRODUCED NEUTRALIZING TITERS AGAINST THREE LINEAGE VARIANTS OF B.1.617 FxMacro Tue 29 Jun 2021 12:54
- t MODERNA INC - VACCINATION WITH MODERNA COVID-19 VACCINE PRODUCED NEUTRALIZING TITERS AGAINST ADDITIONAL VERSIONS OF BETA VARIANT FxMacro Tue 29 Jun 2021 12:54
- RT @charliebilello: Changes in U.S. Household Wealth (Trillions) 2000: +$1.2 '01: +$1.7 '02: -$0.1 '03: +$4.8 ;04: +$6.5 '05: +$5.3 '06: +$… FxMacro Mon 28 Jun 2021 22:54
- CATHIE WOOD’S ARK INVESTMENT FILES TO CREATE A BITCOIN ETF... everybody keep your pants on the next SEC review date is in Nov... FxMacro Mon 28 Jun 2021 20:39
- Mexico's Secretary of Finance, said the country does not recognize cryptocurrencies as legal tender and virtual assets are barred from its financial system.... FxMacro Mon 28 Jun 2021 19:59
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