The dollar and U.S. equity futures retreated on signs that the U.S. health-care reform bill is effectively dead in its current form, casting a cloud on President Donald Trump’s broader economic revitalization agenda.
IT WAS a tableau to sum up an age. Leaders of the world’s 20 main industrial powers, plus a dusting of international institutions and secondary powers, posed for a photo at the Hamburg Congress Centre.
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
At the "Washington Transformation? Politics, Policies, Prospects," a forum sponsored by the Summer Institute of Martha’s Vineyard Hebrew Center, Vineyard Haven, Massachusetts.
Asian shares lost ground on Friday after a weak session on Wall Street, while global sovereign debt yields were elevated across the board on bets the European Central Bank is moving ever closer towards unwinding its massive monetary stimulus.
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
Asian shares climbed on Tuesday, following positive leads from Europe and the U.S. as oil's longest stretch of daily price gains in over five years lifted energy shares and investor rotation out of technology into financials continued.
Japanese stocks edged towards two-year highs on Tuesday as exporters benefited from dollar strength, with investors expecting comments from Federal Reserve Chair Janet Yellen to support the Fed's projection for one more interest rate rise this year.
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment.
Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year.