Market Pulse - Usa
US oil product stockpiles jump last week, DoE says
US crude oil inventories fell by less than analysts had expected last week, helped by a big rise in net imports, even as product stockpiles jumped, a "clear" sign of receding demand, analysts said.
Fed's Rosengren argues for pause, suspects financial markets 'unduly pessimistic'
One of the US central bank's heretofore more 'hawkish' policymakers argued the case for patience before deciding on the next move in monetary policy, even broaching the possibility that no further tightening might be needed.
Trump and top Democrats trade blows over US government shutdown
US President Donald Trump used his first televised address to the American people to blame Democrats for the continuing government shutdown, now the second longest in history.
Fed's Bostic sees 'mixed signals', mentions possible cut in rates
The head of the Federal Reserve bank of Atlanta sounded a confident note on the economy, albeit one tinged with caution.
Fed toying with recession, rate cut could happen, Bullard says
One of the US central bank's most 'dovish' rate-setters argued against further monetary policy tightening, warning that it was toying with possibly pushing the economy into recession.
Fed's Evans calls for pause, but sees three more interest rate hikes
A top US central bank official sounded a relative 'hawkish' stance on Wednesday when compared with recent more 'dovish' remarks from several of his peers, even as he appeared to call time on the Federal Reserve's rate hiking campaign.
Apple to cut iPhone production by 10% this quarter
Apple is reportedly set to trim production of its new iPhones by 10% over the March quarter, the Nikkei Asian Review said on Wednesday.
US-China trade talks went 'just fine', statement expected soon
The US and China successfully wrapped-up their first round of trade talks on Wednesday.