Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

U.S. Treasury Estimates Less Than Expected for Q2


August, 01 2017
watermark Economic news

It is predicted that the U.S. Treasury will borrow at a smaller value than $2 billion compared to the previous estimate for the third quarter but would essentially raise its funds in the final quarter of the year. The credit market is estimated to issue $96 billion from July to September and the assumed value of $60 billion come by the end of September according to the U.S. Treasury department.


For the fourth quarter, a $501 billion net value of marketable debt which is higher than former estimate since the last quarter of 2008. This reflects the dwindling of cash balance and bill supply when the debt limits are adjusted where the majority of the changes come from the presumption of diminishing bond portfolio in September.


The government of the United States has imposed a ruling on how much is the limit for the budget to cover losses as a result of a larger Washington expenditure than the tax collected and only Congress can make this happen.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.