Daily Data Flow
Shutdown Delays U.S.-EU Trade Negotiations
Thanks to the ongoing government shutdown, the United States has postponed free trade negotiations with the European Union.
Services Data, Shutdown Lead to Stock Drop
Weaker-than-expected service industry growth combined with fears of the government shutdown leading to a recession caused stocks to drop today, sending the S&P 500 down almost one percent for its biggest decline in more than a month.
IMF Chief Warns of Global Danger from U.S. Default
International Monetary Fund (IMF) chief Christine Lagarde warned that the United States has been hurt by too much fiscal consolidation.
High U.S. Energy Output Reshapes Markets
A Wall Street Journal analysis shows the United States is on track to become the world’s largest producer of oil and natural gas combined.
Shutdown’s Second Day Slows Stocks
U.S. stocks fell today, paring yesterday’s gains, as investors waited for news of progress towards the end of the government’s shutdown.
Euro Beats Dollar on European Central Bank Comments
European Central Bank (ECB) President Mario Draghi announced today that the bank will maintain its current monetary policy but will do more if the economy requires.