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11 Oct 2019

US Treasury Secretary Mnuchin to hold press conference at 17:45 GMT

The White House announced that the United States (US) Treasury Secretary, Steven Mnuchin, will be holding a press briefing at 17:45 GMT on Friday.

Although it's unclear what the briefing will be about, there is market chatter that he won't be touching on trade negotiations with China. Earlier in the session, CNN reported that China had officially invited US Trade Representative Lighthizer and Secretary Mnuchin and their teams for additional trade talks in China ahead of next month's APEC summit in Santiago.

Wall Street's main indexes haven't reacted to this development yet and the 10-year US Treasury bond yield was adding 4.5% on the day at 1.747%.

Oct 11, 2019

Canada: Booming labor market does not argue for monetary stimulus – NFB

Today’s employment report from Canada came in above expectations showing a gain in jobs of 53K in September against the 10K expected. According to Mat

US and China reportedly reached a partial trade deal - Bloomberg

According to Bloomberg, the United States (US) and China have reached a partial trade deal. Although there is no official confirmation of this develop