News

Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reuters |
SYDNEY (Reuters) - Asian shares rallied and the safe-haven yen eased on Friday after North Korean leader Kim Jong Un offered to stop nuclear and missile testing and U.S. President Donald Trump agreed to a meeting that could come before May.
Reuters |
TOKYO (Reuters) - Global stocks and the dollar slumped on Wednesday after a strong White House advocate for free trade resigned, fanning fears that President Donald Trump will proceed with protectionist tariffs and risk a trade war.
The Local |
Italy's stock market slid on Monday following the country's unclear election outcome,
Bloomberg |
steel tariffs could signal trouble for Nafta?
Theguardian |
The US economy “remains strong”, the Federal Reserve chairman, Jerome Powell, told Congress on Tuesday as he signaled the central bank is on course to carry on gradually increasing interest rates in the coming months.
Bloomberg |
At this point, it’s more likely a matter of when -- not if -- the 10-year Treasury yield hits 3 percent. And that apparent inevitability raises a pressing question: How to trade when it happens?
RBA |
The Board decided to leave the cash rate unchanged at 1.50 per cent.
ECB |
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 |
The Committee decided to maintain the target range for the federal funds rate at 1-1/4 to 1‑1/2 percent.
Bloomberg |
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.