GBP/USD Outlook: Tests14-Month Low as UK Bonds Slump
Sterling wallowed near recent lows amid turmoil in the UK debt market. Markets are only pricing 40-bps of Fed rate cuts this year. Economists expect...
Tag : Slump
US stocks slump to the lows of the day
The early optimism in US stock markets has faded. The S&P 500 is down 35 points, or 0.6% with all the selling coming in the...
U.S. Housing Starts Unexpectedly Extend Slump In November, But Building Permits Surge
While the Commerce Department released a report on Wednesday unexpectedly showing a continued slump by housing starts in the U.S. in the month of November,...