News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
European Central Bank |
The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Bloomberg |
Fed and ECB find it difficult to roll back their stimulus; Rates are low, balance sheets big -- and there’s no way out
Reuters |
Downside risks in the global economy are likely to persist over the medium to long term, pressured by the Sino-U.S. trade war and a slowdown in China, Japan’s top financial diplomat said.
Bank of Canada |
Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
Reuters |
The U.S. goods trade deficit surged to a record high in 2018 as strong domestic demand fueled by lower taxes pulled in imports, despite the Trump administration’s “America First” policies, including tariffs, aimed at shrinking the trade gap.
Reserve Bank of Australia |
Reserve Bank of Australia Board decided to leave the cash rate unchanged at 1.50 per cent.
Bloomberg |
U.S. wants a currency clause in any trade agreement with Japan
Reuters |
Bank of Japan Governor Haruhiko Kuroda said on Monday the central bank would debate and communicate at an appropriate timing an exit plan from its ultra-loose monetary policy.
Reuters |
Asian shares started the week on the front foot on signs the United States and China were close to striking a tariff deal to end their protracted trade war while the dollar eased as traders wagered Federal Reserve policy would remain accommodative.
Reuters |
The Federal Reserve is in “no rush to make a judgment” about further changes to interest rates, Fed Chairman Jerome Powell told U.S. lawmakers