• DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
  • DAILY UPDATES
  • MARKETS
    • Forex
    • CFDs
    • Spot Metals
    • Indices
  • ANALYSIS
    • Fundamental Analysis
    • Technical Analysis
  • ARTICLES
No Result
View All Result
FTD Limited
No Result
View All Result

Wednesday, August 18, 2021 Headlines

FTD Limited by FTD Limited
August 18, 2021
Reading Time: 4 mins read
A A
Monday, June 14, 2021 Headlines
0
SHARES
22
VIEWS
tweetpostshare
  1. Powell Said the Impact of the Delta Variant on the Economy Remains Unclear
  2. U.S. Retail Sales Fell in July by More than Forecast
  3. New Zealand Locks Down

Powell Said the Impact of the Delta Variant on the Economy Remains Unclear

Speaking at a video conference event, Powell stated that he believes students who have to deal with the COVID-19 pandemic will be an “extraordinary generation”, saying that they will see the world differently, that they have a harder time thinking about what really matters in life than most people.

Powell stated that the epidemic has changed the economy significantly and only time will show how permanent these changes will be. “I think we know we won’t be going back to our pre-pandemic economy, but it will take time to see exactly what the changes will be,” Fed Chairman Powell said.

Stating that the Fed should monitor the economy carefully as it continues to overcome the epidemic, Powell stated that they should try to understand how the economy has changed and its effects on the bank’s policy.

Pointing out that the rate of vaccination has slowed, Powell said, “COVID-19 is still among us and it looks like it will continue to be so for a while.” he said.

Stating that no victory can be declared in the COVID-19 epidemic yet, Powell said, “The COVID-19 epidemic still casts a shadow on economic activity.” used the phrase.

U.S. Retail Sales Fell in July by More than Forecast

Retail sales in the United States declined more than expected in July, indicating that consumers are becoming more price-sensitive as inflation rises and reflecting a continuing shift in spending toward services.

Following an upwardly revised 0.7 percent increase in June, the value of overall retail.

Purchases fell 1.1 percent last month according to Commerce Department figures. In a Bloomberg study, the economists called for a 0.3 percent drop.

According to research released last week by the University of Michigan, buying conditions have deteriorated to their lowest level since April of last year, despite the fact that inflation has remained high. Price adjustments are not factored into the retail sales data.

Consumer spending growth slowed in the third quarter, according to data released Tuesday. Economists expect outlays to expand at an annualized 4.5 percent in the current quarter, which is much slower than the pace expected a month ago and a major slowdown from the blistering 11.8 percent rate witnessed in the second quarter.

Following the release of the study, stock prices plummeted. Separate data released Tuesday showed that factory output in the United States increased more than expected in July, which traders digested.

New Zealand Locks Down

After a single case of community-spread COVID-19 was verified in Auckland, New Zealand’s largest city, Prime Minister Jacinda Ardern declared a three-day lockdown. Ardern said at a press conference that genetic testing will determine whether the case was caused by the extremely contagious delta version of the coronavirus. She said Auckland and the Coromandel will be shut down for seven days, while the rest of the country would be shut down for three days.

“Delta has been called a game-changer, and it is,” Ardern told reporters. “It means we need to again go hard and early to stop this spread. We have seen what can happen elsewhere if we fail to get on top of it. We only get one chance.”

If confirmed, New Zealand would be one of the world’s last countries to see the variation appear.

Schools, offices, and all companies will be closed under New Zealand’s Level 4 lockdown laws, with only vital services remaining operating. In March, the nation’s last stay-at-home directives were removed.

New Zealand was among the best at containing the virus. New Zealand’s success is owed in large part to the country’s decision to close its borders to non-residents over the last 18 months.

Learn more about us
Tags: Covid-19Delta variantUS Economy
TweetShareShareSend
Previous Post

Tuesday, August 17, 2021 Headlines

Next Post

Kiwi is Looking Bearish After the RBNZ Decision

Related Posts

COT Weekly Non-Commercial Net Positions
CFDS

COT Weekly Non-Commercial Net Positions

Silver Slowed Down After the Massive Run
CFDS

Silver Slowed Down After the Massive Run

S&P 500 Bulls to Make Another Attempt to Break the Trend
DAILY UPDATES

S&P 500 Bulls to Make Another Attempt to Break the Trend

Mixed Course in Asian Stock Markets
DAILY UPDATES

Mixed Course in Asian Stock Markets

Oil prices
DAILY UPDATES

Break to China Rally in Oil

IMF
DAILY UPDATES

Year-End Forecast from IMF

Next Post
Kiwi is Below the Trend Line

Kiwi is Looking Bearish After the RBNZ Decision

You might also like

Monthly FX Market Outlook

Monthly FX Market Outlook

What is RSI

What is RSI and How to Use It Effectively? 

Psychology of trading plays a vital role in one's trading decisions

Trading Psychology

Differences between MT4 and Mt5

MT4 and MT5’s Differences – How to See the Total Lot Sizes in MT5?

Regulated and Licensed Forex Brokerage Company

Regulated Entities

FTD Limited's White Label Program gives you a chance to have your own brand within financial markets.

White Label Solutions

Recent Posts

  • COT Weekly Non-Commercial Net Positions
  • Silver Slowed Down After the Massive Run
  • S&P 500 Bulls to Make Another Attempt to Break the Trend
  • Mixed Course in Asian Stock Markets
  • Break to China Rally in Oil
FTD Limited

The content of the site is presented for informational purposes only not to give any investment advice which mainly focuses on financial instruments such as Forex, Spot Metals, CFDs, and Indices.

MENU

  • DAILY UPDATES
  • MARKETS
  • ANALYSIS
  • ARTICLES

Latest Articles

  • COT Weekly Non-Commercial Net Positions
  • Silver Slowed Down After the Massive Run
  • S&P 500 Bulls to Make Another Attempt to Break the Trend

Subscribe to our newsletter and get notified about the next update.

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    No Result
    View All Result
    • DAILY UPDATES
    • MARKETS
      • Forex
      • CFDs
      • Spot Metals
      • Indices
    • ANALYSIS
      • Fundamental Analysis
      • Technical Analysis
    • ARTICLES

    © 2021 FTD Limited

    FTD Articles is a website prepared by FTD Limited's research team. FTD Limited is an online brokerage company offering products of Forex, Spot Metals and CFDs.

    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.