Trump tax reform to produce short-term issues

Source: Dukascopy Bank SA
The Trump's tax reform would not be income-neutral and would raise budget deficits in the short-term, said the US Treasury Secretary Steven Mnuchin.
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Sun, 23 Apr 2017 02:35:24 GMT

Saudi currency reserves remain healthy, trade deficit to fall

The Saudi Arabia's currency reserves were strong, accounting for 80% of GDP, and the trade deficit could fall amid a decline in imports, said the Kingdom's central bank governor.

Sat, 22 Apr 2017 19:57:08 GMT

ECB can only help banks after French vote, Visco says

The ECB can provide cash to banks if presidential vote in France roils markets. However, suppressing a growth in governments' borrowing costs would go beyond the central bank's remit, the ECB policymaker Ignazio Visco said.  

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