Commentary The biggest allocator moves of 2024 December 24, 2024 From chief investment officer departures and appointments to an axing of an entire board of trustees, the past year has been marked by tectonic shifts at some of the world’s largest LPs. Load More Products...
Gold price reverses earlier gains and returns to the red near $2,650 in Friday's European trading. US President Biden discussed contingency plans to strike Iran’s nuclear facilities, which helped Gold price sustain its upswing. But sellers returned amid profit-taking ahead of top-tier US PMI...
CORRELATION CHART BULLISH PERCENTAGE INDEX Forecast Poll AUD/USD, THE “AUSSIE” The AUD/USD pair, the “Aussie”, tells the trader how many US dollars (the quote currency) are needed to purchase one Australian dollar (the base currency). The AUD is acommodity currencywhose country's exports...
Biden's claim is true. Based ongovernment data, we created the following chart tracking the U.S. trade deficit with China from 2010 (under President Barack Obama) to 2023. In 2010, the U.S. had bought $273 billion worth of goods more than it sold to China — the world's manufacturin...
“Despite the Republicans having majorities in both the House and Senate, unbridled approval of all the tax measures advocated is far from guaranteed as these are unlikely to garner the support of fiscal hawks concerned about the ballooning deficit,” he said. ...
Many Democrats as well as Republicans supported a constitutional amendment requiring a balanced budget and from 1998 to 2001, congressional Republicans and a Democrat president produced balanced federal budgets. But since then, deficit spending that higher debt makes possible has gained bipartisan support...
dollar faced mixed signals. The Unemployment Claims slightly increased to 221K compared to the previous 212K, hinting at a slight uptick in jobless claims. The Trade Balance widened to -68.9 billion dollars, more than the previous -67.6 billion, indicating a larger than expected trade deficit. ...
Americas Tax Roundup A weekly summary of the top national, state, tax reform and tax policy legislative developments in the Americas. Sign up for Tax Alerts Tax policy and the 2024 US elections Prepare your business now for uncertainty ahead with 2017 tax provisions expiring. Learn how the...
Andrew Cuomo’s office had previously taken the position that mobile sports wagering in NY would require a constitutional amendment, but in 2021 facing a massive budget deficit due in part to the COVID-19 crisis, Cuomo included sports betting revenue in his state budget. Cuomo’s preferred ...
In terms of economic data, we should highlight theTrade Account Balance, a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the USD/CAD. If a...