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Daily Market MoversThe following news stories, economic reports, and statistical tables are selected and compiled by founder John F. Gallwas, who has been an active participant in the financial service industry since January of 1958.
MondayBB:President Donald Trump imposed sanctions on Iran’s supreme leader, Ayatollah Ali Khamenei, and eight senior military commanders, a provocative step designed to increase pressure on the Islamic Republic.
BB: Hong Kong reopened its downtown government offices on Monday as protesters threatened to resume demonstrations to demand the release of people arrested in recent rallies and establish an independent investigation into the use of force by police.
BB:A slump in German business confidence deepened in June as trade tensions weighed on manufacturers. The drop in the Ifo index took the closely watched gauge to 97.4, its lowest level since late 2014. A gauge of expectations also worsened.
SundayR: All eyes will be on U.S. President Donald Trump and China’s President Xi Jinping next week as investors are desperate for any signs of a thaw in U.S.-China relations even if it shifts expectations for much awaited Federal Reserve interest rate cuts.
Economic Reports for the Week ending Friday June 28, 2019
We do not guarantee accuracy of any of the data on this page. If you have any comments or suggestions, please contact William Gallwas or call 800-669-8838
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