News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Bloomberg |
Any further easing or strongly dovish signals by major central banks could intensify pressure for the yen to rise. Governor consider bolstering stimulus if a stronger yen threatened the path toward its 2 percent inflation target.
Bloomberg |
Theresa May struck a deal to revise the terms of the U.K.’s divorce from the European Union but it’s unclear whether she’s done enough to win Parliament’s support.
CNBC |
Investors fled to the relative safety of debt after the European Central Bank’s cut its GDP expectations, rekindling fears that a global slowdown could affect the U.S.
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