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Alvin Tan, FX Strategist at Societe Generale, on GBP performance in Q1 2017
Fri, 13 Jan 2017 08:22:16 GMT
 
At Societe Generale, we were expecting the Cable to move to 1.20 by the end of the first quarter, though it seems now that it had definitely reached the abovementioned >>
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US initial jobless claims climb 10,000 last week; Petroleum boosts import prices in December
Fri, 13 Jan 2017 08:22:01 GMT
 
The number of Americans filing for unemployment aid advanced less than expected last week, official figures showed on Thursday. >>
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Australia Health Minister to resign over expense scandal
Fri, 13 Jan 2017 06:46:16 GMT
 
Australian Health Minister Sussan Ley has resigned over the scandal of using taxpayer-funded work trips to purchase an investment apartment. >>
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Turkey parliament to approve expanding president powers
Fri, 13 Jan 2017 06:40:49 GMT
 
The Turkish parliament approved three articles of a new constitutional reform aimed primarily at expanding the powers of President Erdogan. >>
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Takata to plead guilty and pay $1B penalty over airbag probe
Fri, 13 Jan 2017 05:48:15 GMT
 
Japanese auto parts maker Takata Corp is planned to plead guilty to criminal misconduct and pay $1B to settle the airbag defect scandal. >>
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Obama to end no-visa Cuban immigration policy
Fri, 13 Jan 2017 05:43:23 GMT
 
The Obama administration repealed the ‘wet foot, dry foot' policy that allowed Cubans who arrived in the US without visas to gain residency automatically. >>
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US watchdog to Investigate FBI actions ahead of election
Thu, 12 Jan 2017 21:06:34 GMT
 
A US government watchdog said it would examine whether the FBI followed proper procedures into actions taken during the election campaign.  >>
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Merkel calls for 'cross-border cooperation' on EU security
Thu, 12 Jan 2017 21:06:17 GMT
 
Merkel warns the EU to spend more money on defense in suggestion that the President-elect Donald Trump cannot be relied on to support Europe. >>
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Turkey lawmakers brawl in parliament
Thu, 12 Jan 2017 19:51:26 GMT
 
Lawmakers in Turkey brawled during a debate in parliament over constitutional amendments that would expand presidential powers. >>
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Lily drone shuts down owing $34M
Thu, 12 Jan 2017 19:51:16 GMT
 
Camera drone startup Lily announced that shuts down, blaming a lack of financing despite having raised  $34 millions in pre-orders. >>
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UN says Cyprus peace deal very close
Thu, 12 Jan 2017 18:51:07 GMT
 
Antonio Guterres, Secretary General of the UN, states after Geneva talks that a peace deal on Cyprus reunification is very close. >>
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Russia says US forces in Poland is threat
Thu, 12 Jan 2017 18:50:58 GMT
 
Russia states that it views the presence of more than 3K US soldiers and forces in Poland as a danger to its security. >>
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Erdogan demand for Turkish "national mobilization" to support Lira
Thu, 12 Jan 2017 18:50:47 GMT
 
Tayyip Erdoga accused country's enemies of using currency speculations to topple the state. He encourages the Central Bank to increase borrowing costs to defend the Lira. >>
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US stocks fell since gain in bond sinks bank share
Thu, 12 Jan 2017 18:50:37 GMT
 
US treasuries inched up causing the drop of 10 year yields to the lowest levels since November, while US stocks dropped with the US Dollar after Trump's press conference >>
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Evening Press Review
Thu, 12 Jan 2017 17:39:02 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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