Gold got a boost Friday on weaker-than-expected inflation and retail sales figures, casting doubt on the Federal Reserve’s ability to continue normalizing interest rates this year.
Comments on the IMF’s U.S. growth forecast and the euro.
World finance leaders are gathering on U.S. President Donald Trump's home turf on Thursday to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
The International Monetary Fund warned on Wednesday that U.S. President Donald Trump's proposed tax cuts and rollback of financial regulations could spark a new round of financial risk-taking of the type that preceded the last crisis in 2008.
Global trade has brought benefits from increased productivity to lower prices but governments have not adequately helped workers and communities hit hard by imports, the world's top multilateral economic institutions said on Monday.
The International Monetary Fund on Tuesday called on the Group of 20 major economies to work together to preserve the benefits of trade and avoid protectionism, while also urging them to reduce external imbalances and halt policies that distort global trade.
A proposal to overhaul the U.S. tax code that favors exports over imports could have spillover effects to other economies as it would strengthen the dollar, International Monetary Fund (IMF) chief economist Maurice Obstfeld said on Monday.
It might seem a bit redundant to revisit European partisan Kool-Aid consumption after our posts of the past two weeks. Yet, there is another development outside of the previously explored persistent weakness of the Greek economy and seemingly intractable nature of its debt dilemma: the process and proposed solution to rescue Italian banks. And the weakest is the poster child for the problems not only to date, yet also how the proposed "solution" might backfire.
While it is not this week due to Monday turning into a non-deadline--might the endless game of delay in European and Euro-zone reform be encouraging the next Greek Debt and overall Euro-zone Crises? "Kick the can" has become normal operating procedure. Anyone who doubts that can just reference how many years (not just months or quarters) it has now been that ECB President Draghi has complained that the necessary ‘structural reform’ complement to ECB’s monetary stimulus has not been anywhere near as extensive as necessary to reinforce the ECB’s efforts.
The mounting nervousness over the outcome of France’s Presidential election is clearly reflecting in fixed income markets.