Independent thinking for complex markets and current events
(Bloomberg) — Applications for US unemployment benefits unexpectedly fell last week to the lowest since mid-April, remaining relatively subdued amid economic uncertainty. Initial claims decreased by 6,000 to 216,000 in the week ended Nov. 22. The median forecast in a Bloomberg survey of economists called for 225,000 applications. Continuing claims, a proxy for the number …
Container shipping traffic from China to the US is plummeting: The number of ships departing from China to the US over the last 15 days has dropped to its lowest since February. Excluding the Chinese New Year-related decline in February, this is the lowest level in over a year.… pic.twitter.com/AYuPPJRXwS — The Kobeissi Letter (@KobeissiLetter) …
BRUSSELS, March 20 (Reuters) – The European Union could delay imposition of a first set of counter-measures against the United States over President Donald Trump’s steel and aluminium tariffs until mid-April, European Trade Commissioner Maros Sefcovic said on Thursday. The European Commission had proposed re-imposing tariffs on 4.5 billion euros ($4.9 billion) of U.S. products …