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US Economic Data - Wilbur Ross: Under Donald Trump’s leadership, the US economy will come back strong

The U.S. Department of Labor announced last week that the economy added more than 2.5 million jobs in May, versus what was expected to be a 7.5 million jobs loss. While economists estimated large ...

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Global equities slip as Covid-19 flare-ups threaten economic recovery

Investors have continued to pay close attention to clues on the spread of Covid-19 across major economies. Several US states reported increases in the number of coronavirus infections, while a German ...

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China accused of exploiting coronavirus to launch act of economic warfare against US

US DEFENCE chiefs have warned China is exploiting the global coronavirus crisis to try to get a foothold in strategically important security businesses left in desperate need of capital as a result of ...

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EUR/USD: New US Covid-19 cases overshadow upbeat economic data

EUR/USD has been edging lower, trading just below the 1.1250 level, as US coronavirus fears outweigh improving data. Today, US jobless claims and COVID-19 statistics are eyed, FXS ...

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EUR/USD: US data today, recovery fund debate tomorrow

Powell signaled in day two of his testimony that the US central bank was ready to do more if necessary, warning that economic gains would be at risk should stimulus measures stop. There was little out ...

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