Amana FS Market News
The Commerce Department releases its first estimate of the nation’s gross domestic product for January through March today. Carl Riccadonna, Bloomberg Intelligence Senior U.S. Economist, joined John Tucker to discuss US economic growth, and the effect that reduction and redistribution of taxes has on revenue.
John Tucker was joined by Maxime Sbaihi, Bloomberg Intelligence EMEA economist, to talk about what to expect from the European Central Bank meeting this morning. They discuss the risk of deflation, and whether or not there is a possibility of slipping back into recession.
John Tucker was joined by Ayesha Javed, Financial Regulation Risk editor of Bloomberg Brief, to discuss the updated rules to MiFID II, the second iteration of the Markets in Financial Instruments Directive, and its impact on the markets.
John Tucker was joined by Christopher Sell, Editor of the Bloomberg Brief Oil Buyers Guide, to discuss oil prices and whether Russia will agree to extend OPEC cuts beyond June, being that the country typically increases output in second half of the year.
Bob Moon was joined by Yelena Shulyatyeva, Senior US Economist for Bloomberg Intelligence, to discuss reports on sales of previously owned US homes. They also address Dallas Fed President Robert Kaplan’s comments on rate hikes and growth expectations, despite weak first-quarter reports.