24th May 2023

  • McCarthy, Graves Signal Impasse in White House Debt Talks

House lawmakers preparing to leave Washington on Thursday

Votes on any deal likely pushed until just before deadline

https://blinks.bloomberg.com/news/stories/RV5458DWX2PS

  • Fed Needs to Loosen Tight Job Market, Bernanke and Blanchard Say

Ex-Fed chair and ex-IMF economist to give paper at Brookings

Powell has also stressed need to rebalance the labor market

https://blinks.bloomberg.com/news/stories/RV2R1BDWLU68

  • Goldman Sachs Says There Is ‘More Room’ for Dollar Strength

US Credit conditions have not tightened as much as feared

Analysts maintain its euro target at 1.10 for the end of 2023

https://blinks.bloomberg.com/news/stories/RV4NKMDWRGG1

  • US Business Activity Unexpectedly Quickens to a 13-Month High

S&P Global preliminary composite gauge climbed to 54.5

Advance led by services; factory index hit three-month low

https://blinks.bloomberg.com/news/stories/RV46V4DWRGG0

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.