U.S Capital Equipment Orders Rise

Orders placed with U.S. factories for business equipment rebounded in April even as the prior month’s figure was revised downward, indicating resilient demand at the start of the second quarter, Commerce Department figures showed Friday….

Geopolitics Downs Dollar and Stocks

Friday May 25: Five things the markets are talking about President Trump’s decision to cancel his summit with N. Korea’s Kim Jong-Un yesterday, mentioning Pyongyang’s anger, is expected to keep geopolitics the primary concern for…

Dangerous Brinkmanship

Dangerous Brinkmanship Another in the expanding history list of topsy-turvy Thursdays’ when it comes to risk as the President Gave, and the President Hath Taken Away only to leave the door open again when it…

U.S Weekly Jobless Claims Increase

New applications for U.S. unemployment benefits increased more than expected last week, but remained below a level consistent with a healthy labor market. Initial claims for state unemployment benefits rose 11,000 to a seasonally adjusted…

Turkish Lira Collapse Continues

Wednesday May 23: Five things the markets are talking about Geopolitical risks from Turkey to N. Korea, from China to Italy, have pressured global equities in overnight trade. U.S Treasuries, along with the ‘mighty’ dollar…