Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
[RBA] Statement by Philip Lowe, Governor: Monetary Policy Decision 08/02/2018
The Board decided to leave the cash rate unchanged at 1.50 per cent.
[ECB] Monetary policy decisions 08/02/2018
The interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
[FED] Federal Reserve issues FOMC statement 08/02/2018
The Committee decided to maintain the target range for the federal funds rate at 1-1/4 to 1‑1/2 percent.
[Bloomberg] Global Equity Slump Deepens as Rate Fears Grow: Markets Wrap 05/02/2018
Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields.
[Bloomberg] Yellen Says Prices `High' for Stocks, Commercial Real Estate 05/02/2018
Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble.
[Theguardian] Bitcoin's January fall wipes off $44bn in value 02/02/2018
Bitcoin plummeted in value by more than $44bn (£30.9bn) in January, marking the steepest monthly fall in its short history.
[CNBC] UK businesses seek opportunities in China after Brexit 02/02/2018
As the terms of a Brexit remain uncertain, U.K. businesses are looking to tap into the Chinese market, more so than ever.
Full Speech: President Trump Addresses World Economic Forum At Davos 30/01/2018
Thank you, Klaus, very much. It’s a privilege to be here at this forum where leaders in business, science, art, diplomacy, and world affairs have gathered for many, many years to discuss how we can advance prosperity, security, and peace.
[REUTERS] Trump to pitch America First to Davos elites 26/01/2018
DAVOS, Switzerland (Reuters) - U.S. President Donald Trump is expected to use his maiden speech to the World Economic Forum on Friday to promote his tax cuts, deregulation and trade policies to chief executives, bankers and political leaders.
[Bloomberg] Trump Rallies Dollar as Stocks Wobble, Crude Falls: Markets Wrap 26/01/2018
Mnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.