forex news market overview technical analysis

Early Estimates See Slower-But-Still-Strong Growth For U.S. Q3 GDP

The first official third-quarter report on US is more than two months away, but the preliminary nowcasts point to a softer-but-still-solid gain, based on several estimates compiled by The Capital Spectator. The question is whether escalating trade-war tension and Turkey’s financial crisis that’s roiling emerging markets will take a bit out of the rosy projections […]

forex news market overview technical analysis

Widespread Selling Weighed On Major Asset Classes Last Week

US investment-grade bonds were spared losses last week. Otherwise, red ink spilled across the major asset classes, based on a set of exchange-traded products. The biggest setback was in emerging-markets bonds. VanEck Vectors JP Morgan EM Local Currency Bd (NYSE:) tumbled 3.8% for the five trading days through August 10. The hefty decline left the […]