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  • Fed survey finds economy slowing in some areas of country

    From apnews.com

    A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases. The Fed report released Wednesday said that the bulk of the Fed’s 12 regions reported modest gains in economic activity in recent weeks. But two districts saw declines in activity, and another two reported little or no change. It said reports on consumer spending, which drives 70% of economic activity, were mixed. Some districts reported declines in retail sales and demand for hospitality and leisure services ... (full story)

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    U.S. House poised to impeach Trump for second time; McConnell spurns immediate trial

    From reuters.com|Jan 13, 2021|2 comments

    As the House of Representatives moved on Wednesday toward a vote to make Donald Trump the first U.S. president to be impeached twice, the Senate’s top Republican rejected ...

    Clarida: The Federal Reserve's New Framework: Context and Consequences

    From federalreserve.gov|Jan 13, 2021

    On August 27, 2020, the Federal Open Market Committee (FOMC) unanimously approved a revised Statement on Longer-Run Goals and Monetary Policy Strategy, which represents a robust ...

    British Pound: How and Why Negative Interest Rates Could Still Work At the Bank of England

    From poundsterlinglive.com|Jan 13, 2021

    Negative interest rates are unlikely at the Bank of England (BoE) if the latest remarks from Governor Andrew Bailey and Pound Sterling's response to them are anything to go by, ...

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    US House has votes to impeach Trump for role in Capitol riot: BBG

    From @KyleR_IG|Jan 13, 2021|6 comments

    tweet at 4:24pm: * US HOUSE HAS VOTES TO IMPEACH TRUMP FOR ROLE IN CAPITOL RIOT: BBGTrump impeached for 'inciting' US Capitol riots The US House of Representatives has impeached President Donald Trump for "incitement of insurrection" at last week's Capitol riot. He is the first president in US history to be twice impeached - to be charged with crimes by Congress. Mr Trump, a Republican, will now face a trial in the Senate, where if convicted he could face being barred from ever holding office again. The impeachment measure passed largely along party lines. Mr Trump is due to leave office on 20 January, following his election defeat last November to Democrat Joe Biden. After several hours of impassioned debate on Wednesday, the Democratic-controlled House voted. Six Republicans said beforehand they would side with Democrats to impeach the president. But the majority of conservatives remained loyal to Mr Trump. But it is unlikely Mr Trump will have to leave the White House before his term in office ends in one week as the Senate was not expected to convene in time. Last week, 139 Republicans voted against accepting the result of the 2020 election and Mr Trump's defeat.

    Building consents issued: November 2020

    From stats.govt.nz|Jan 13, 2021

    Building consent statistics are about the number, floor area, and value of new homes, non-residential buildings, and alterations approved for construction. Key facts • In the year ...

    Lockdowns in 2021 threaten to slow first-quarter earnings recovery globally

    From reuters.com|Jan 13, 2021

    A major chunk of the global recovery in companies’ earnings expected in the first quarter is at risk of being pushed back further as lockdowns and mobility restrictions in several ...

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  • Posted: Jan 13, 2021 4:00pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 134
  • Linked event:
    USD Beige Book
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    From corporate.nordea.com|Jan 13, 2021|5 comments
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