Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
[ECB] ECB consults on a new euro unsecured overnight interest rate 01/12/2017
The European Central Bank (ECB) is today calling on market participants and all other interested parties to provide comments on the high level features of a new unsecured overnight interest rate.
[Bloomberg] Bitcoin’s Wild Ride: A Rally, a Rout and Outages on the Exchanges 30/11/2017
Bitcoin plunged as much as 20 percent hours after a rally past $11,000 generated a surge in traffic at online exchanges that led to intermittent outages.
[RBA]Statement by Philip Lowe, Governor: Monetary Policy Decision 20/11/2017
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.
[BOE]Brexit and interest rates - speech by Ben Broadbent 20/11/2017
Speech given by Ben Broadbent, Deputy Governor Monetary Policy, at the London School of Economics.
[Retures] Asian shares up on U.S. tax, earnings hopes; Mueller report hits dolla... 17/11/2017
TOKYO (Reuters) - Asian shares rose firmly on Friday as strong U.S. earnings and a step forward in Congress on U.S. tax reform brightened the mood, even though investors noted that many hurdles remain to passage of a deal on tax cuts.
[Bloomberg] Trump Offers Trade to Asian Nations But Only If They Play Fair 10/11/2017
President Donald Trump told Asian nations eager for the U.S. to stay committed to the region that he would no longer join multilateral deals like the Trans-Pacific Partnership but…
[Reuters]Oil markets stable as markets tighten, but analysts expect volatility a... 10/11/2017
Oil markets were slightly down but stable on Friday, supported by ongoing supply cuts and strong demand which have resulted in a tightening market, although the prospect of rising U.S. output capped prices.
[CNBC] Barclays expects two US rate hikes next year, no matter who the Fed chair... 03/11/2017
Barclays is still expecting two rate hikes next year — no matter who the Federal Reserve chief may be, the bank's head for Asia foreign exchange and rates strategy said on Thursday.
[The Economist] Federal ReserveJerome Powell will be the next Fed chair 03/11/2017
THE wait is over. On November 2nd Donald Trump announced that he will nominate Jerome Powell, a former investment banker and current Federal Reserve governor, as the next chairman of America’s central bank.
[BOE] Bank of England Rate increased to 0.50% 03/11/2017
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.