Investors have priced in robust economic news, but a bullish unemployment report on Friday could blow them out of the water if there is progress not only in the headline rate but in the broader rate that includes labor participation. Two measures of manufacturing activity
The Federal Reserve meeting on Tuesday and Wednesday is not expected to produce any changes in monetary policy and little change in the tenor of Chairman Jerome Powell’s remarks, which will convey optimism about the economy but concern about the remaining risks and the need
It was not a severe sanction though. It still allowed U.S. banks and institutional investors to trade the domestic bonds in the secondary market. It followed the ban on buying non-ruble sovereign bonds in the primary market imposed in 2019. But the new sanction injected