Category: USA
RBA Signals That Rate Hike Pause May Not Be End of Tightening Cycle
Wall Street Journal The Reserve Bank of Australia said it doesn’t want to send a message that the tightening cycle is over, despite announcing a pause in interest-rate increases this month. https://www.wsj.com/articles/rba-signals-that-rate-hike-pause-may-not-be-end-of-tightening-cycle-e89d8c5f
Read MoreChina’s Economy Rebounds After Three Years of Zero-Covid Isolation
Wall Street Journal Retail sales rose more than 10% in March, topping expectations and hinting at increased consumer confidence. https://www.wsj.com/articles/chinas-economy-rebounds-after-three-years-of-zero-covid-isolation-693ed73
Read MoreAsian Currencies Consolidate Ahead of Key China Data
Wall Street Journal Asian currencies consolidated ahead of key Chinese data due this morning, including 1Q GDP. https://www.wsj.com/articles/asian-currencies-consolidate-ahead-of-key-china-data-1295dcf8
Read MoreOil Edges Lower; Weaker Demand, Supply Remain in Focus
Wall Street Journal Oil was lower in early Asian trade, weighed by last week’s strong U.S. labor and inflation data which stifled hopes that the Fed will pause its rate hike cycle, ANZ analysts said. https://www.wsj.com/articles/oil-edges-lower-weaker-demand-supply-remain-in-focus-f3c00347
Read MoreTeam DeSantis mocks Bud Light in new parody video supporting women’s sports
Fox News EXCLUSIVE: Republican Florida Gov. Ron DeSantis’ team released a new video Monday mocking Bud Light over the brand’s recent partnership with transgender TikTok influencer Dylan Mulvaney. The video, titled “Real Men of Women’s Sports,” parodies Bud Light’s “Real Men of Genius” campaign from the late 1990s and early 2000s, and is part of…
Read MoreGold Little Changed; Bullish Bias Remains
Wall Street Journal Gold was little changed in early Asian trade, after declining overnight on a stronger dollar that was supported by Fed Gov. Waller’s comments that inflation was “still much too high.” https://www.wsj.com/articles/gold-little-changed-bullish-bias-remains-8eb7f702
Read MoreNorth Dakota House passes bill banning virtually all abortions after 6 weeks
Fox News Lawmakers in North Dakota’s House passed a bill Monday that would criminalize abortions after six weeks of gestation — even in cases of rape or incest, the Bismarck Tribune reported. The bill still requires approval from the Senate and governor to become law. Opponents of the bill said six weeks is too early…
Read MoreAustralian Consumer Confidence Back in the Doldrums
Wall Street Journal Australian consumer confidence fell last week, snapping a short period of recovery supported by the Reserve Bank of Australia’s decision at the start of the month to keep interest rates on hold for the first time in nearly a year. https://www.wsj.com/articles/australian-consumer-confidence-back-in-the-doldrums-d4323a79
Read MoreRepublicans Attack Bragg, Spotlighting Crime Victims in New York
New York Times House Republicans used a field hearing blocks from Alvin L. Bragg’s office to attack the district attorney and argue that his policies and statements had prompted a crime spree. https://www.nytimes.com/2023/04/17/us/politics/house-republicans-alvin-bragg-crime.html
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