Economic News Archives - LearnBonds.com

US Dollar mixed while 10-year Treasury yields dip below key level as pandemic fears persist

Last Updated: July 10, 2020

Pandemic fears appear to be causing a wave of mixed sentiments in the investment community, as both risky assets and safe havens have rallied recently […]

S&P Global: Global banks could lose $2.1trn by 2021 due to the pandemic

Author: Alejandro Arrieche

Last Updated: July 10, 2020

Market research firm S&P Global alerted that banks around the world could face around $2.1trn in credit losses as a result of the pandemic, citing […]

Outlook for the Chinese Yuan Worsens, prompts the government to look at Reconciliation with the US

Author: Mohit Oberoi

Last Updated: July 9, 2020

After US-China relations soured this year to the lowest level ever, the on-going tension left the Chinese yuan further from a ‘safe-haven’ asset. As the […]

Markets react to Weakened US Dollar due to Risk Aversion, Pandemic Fears

Author: Mohit Oberoi

Last Updated: July 8, 2020

US dollar weakened today amid concerns over economic recovery, the slump in energy markets, and rising infections due to the pandemic. Major Asian markets barring […]

European Commission expects deeper economic contraction for 2020

Author: Alejandro Arrieche

Last Updated: July 7, 2020

The European Commission (EC) slashed its economic growth forecast for 2020 saying that the impact of lockdown measures was more severe than expected while citing […]

US Jobless Claims: What to Expect This Week

Author: Mohit Oberoi

Last Updated: July 6, 2020

US jobless claims have hovered above a million for 15 consecutive weeks now and analysts estimate that another 1.37 million Americans filed for jobless claims […]

Goldman Sachs cuts its US GDP forecast for 2020 to 4.6% amid surge in virus cases

Author: Alejandro Arrieche

Last Updated: July 6, 2020

New-York based investment bank Goldman Sachs recently revised its 2020 GDP estimates for the US economy, as coronavirus cases in the country reach all-time highs […]

Does 4.8m new US jobs in June mean a V-shaped recovery?

Author: Mohit Oberoi

Last Updated: July 3, 2020

The Bureau of Labor Statistics released the June nonfarm payroll data on Thursday which showed 4.8 million Americans found jobs last month, dividing opinion among […]

Walgreens earnings preview: Struggling against rivals and coronavirus

Author: Roger Baird

Last Updated: July 3, 2020

Walgreens Boots Alliance might have been expected to a coronavirus winner when it posts its third-quarter earnings on Thursday, but instead the drug store giant […]

Fed’s Bullard warns risk of crisis remains

Author: Mohit Oberoi

Last Updated: July 2, 2020

James Bullard (pictured), St. Louis Federal Reserve Bank president, has warned that a wave of company failures due to the pandemic could lead to a […]