Archive for February 28th, 2019

Deeper Analysis

February in Figures

February 28, 2019

Sterling and the dollar strengthened during February. Ten-year sovereign debt yields rose slightly more sharply in the month than their counterparts in the other countries featured in the table below, but none of the central bank rates among them were changed. Equities in most of the places continued to recover, although not as much as […] More

Deeper Analysis

U.S. GDP

February 28, 2019

U.S. real GDP expanded 2.6% at a seasonally adjusted annual rate last quarter, down from 3.4% in 3Q and 4.2% in the second quarter of 2018. Personal consumption and nonresidential investment accounted for all of the rise. Residential construction recorded a fourth straight contraction. Net exports exerted a smaller drag of 0.2 percentage points. Inventories […] More

New Overnight Developments Abroad - Daily Update

No Deal Between U.S. and North Korea and a Whole Lot of Data Released

February 28, 2019

The summit between U.S. President Trump and North Korean President Kim ended prematurely without an agreement. Share prices in Asia lost 1.8% in South Korea, 1.3% in Indonesia, 1.2% in Singapore, 0.9% in Hong Kong, 0.8% in Japan but only 0.4% in China. In Europe, there’s been scant net movement in the German Dax or […] More

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