Home Tags GDP

Tag: GDP

Singapore’s economy still on the right track, but its Q2 growth slows from the first quarter

The slowing down of the Singaporeaeconomy can be put down to the global state of the economy.

The pound continues to dive after dollar ‘sucker punch’

"The fears of a no-deal Brexit have piled the pressure on the pound and the dollar’s rally has come as a sucker punch," Neil Wilson, the chief market analyst at Markets.com, said in an email.

Trump got a dynamite GDP number last quarter — and early signs point to the next one being even better

President Donald Trump celebrated the 4.1% GDP growth in the second quarter as a sign his policies were working. Based on early estimates for third-quarter GDP, there may be more to celebrate on the way.

WALL STREET WARNS: Trump’s trade policies could bring the US back to an economic horror from the 1970s

In a broad effort to rearrange global trade relationships, Trump has slapped tariffs on some of America's biggest business partners. And as effects of protectionism kick in, analysts are reminded of the 1970's when rising inflation and stalling growth plagued the economy.

Trump takes victory lap after strong GDP report, predicts ‘we’re going to go a lot higher’

President Donald Trump said Friday he expected the US economy to grow even faster in the second half the year. Second-quarter GDP increased at an annual pace of 4.1%, the highest since 2014.
Friday's GDP number was expected to be strong, partly because exports surged as buyers stockpiled on concern that trade disputes would worsen.

US economy grows 4.1%, the fastest pace since 2014

Friday's GDP number was expected to be strong, partly because exports surged as buyers stockpiled on concerns that trade disputes would worsen.
Farmer John Duffy and Roger Murphy load soybeans from a grain bin onto a truck

An unintended consequence of Trump’s trade war is coming for one of the industries that will be hit hardest, and it could give him a big win

Soybean farmers are expected to be among the hardest hit by President Donald Trump's trade war with China — but before the pain starts, the farmers could hand Trump a huge public-relations win on the US economy.

The Canadian dollar is climbing after GDP beats

The Canadian dollar climbed Friday after data showed the economy grew at a slightly faster pace than expected last month.

A July rate hike in Canada is ‘a lot less of a done deal’ after GDP slows

After economic activity in Canada slowed more than expected in the first quarter, some analysts say chances of the central bank raising its key rate next month are looking slim.

US economy’s growth revised lower as consumer spending slows

During most of this recovery, first-quarter gross-domestic-product growth has tended to undershoot the rest of the year because of seasonal-adjustment issues related to how the Bureau of Economic Analysis adjusts for unusual changes in economic activity.