News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reuters |
President Donald Trump vowed on Thursday to declare a national emergency in an attempt to fund his U.S.-Mexico border wall without congressional approval, a step likely to plunge him into a court battle with Congress over constitutional powers.
Reserve Bank of Australia |
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.50 per cent.
Reserve Bank of New Zealand |
The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and 2020. The direction of our next OCR move could be up or down.
Bloomberg |
Congressional negotiators reached a tentative deal on border security that would give President Donald Trump far less money than he’d demanded for new barriers and would avert another government shutdown.
Bank of England |
Bank Rate maintained at 0.75%. Our Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%. The committee also voted unanimously to maintain the stock of corporate bond purchases and UK government bond purchases.
European Central Bank |
European Central Bank (ECB) decided that 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.
Federal Reserve Board |
Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent. Be patient as it determines what future adjustments to the target range
Reuters |
Bank of Japan policymakers disagreed over the appropriate level of bond yields, minutes from the central bank’s meeting last month showed in a sign of the strain on the BOJ’s monetary framework as the global economy weakens.
Reuters |
U.S. President Donald Trump’s administration on Sunday lifted sanctions on aluminum giant Rusal and other Russian firms linked to oligarch Oleg Deripaska, defying a Democratic-led push in the U.S. Congress to maintain the restrictions.
Reuters |
U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.