US Economy

The current temporary measure expires after midnight on 11 December, which would lead to a Federal Government shutdown.

In the aftermath of an economic recession, small-cap stocks typically outperform large-cap stocks.

So far, the US has only regained 11.417 million of the 22.160 million jobs lost from the pandemic in March and April.

Markets have remained calm following the debates in the absence of any policy surprises.

The shock the pandemic has wrought on the world’s economies could usher in a decade of “de-dollarisation”.

US WeChat users argued the prohibitions would violate the free-speech rights of millions of Chinese-speaking Americans.

The US Federal Reserve’s latest policy shift will not have any significant impact on the economy: Reuters poll

JP Morgan's Asia chief market strategist Tai Hui adds that while the USD has been able to “stay strong” until recently, there are new factors that may cause the reversal of its bullish trend.

Goldman Sachs Group Inc. put a spotlight on the suddenly growing concern over inflation in the US by issuing a bold warning Tuesday that the dollar is in danger of losing its status as the world’s reserve currency.

The global economy is expected to return to pre-Covid-19 levels by 4Q2020, with developed markets (DMs) recovering by 4Q2021, say Morgan Stanley analysts.