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Market News and Research

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US economy confirms 1.9% growth in Q4 despite higher consumer spending
Wed, 01 Mar 2017 07:52:04 GMT
 
The US economy grew less than expected in December quarter even in spite of higher consumer spending observed in the reported period. >>
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Swiss KOF index climbs 5.2 points in February
Wed, 01 Mar 2017 07:41:03 GMT
 
Data released on Tuesday revealed that the Swiss KOF leading indicator surged markedly over the month of February, pointing to better-than-expected growth in the country's economy. >>
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Duterte signs Paris climate change agreement
Wed, 01 Mar 2017 07:29:17 GMT
 
On Wednesday, the President of Philippines Rodrigo Duterte signed the Paris pact on climate change, thereby banning gas emissions that cause greenhouse effect >>
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Amazon cloud suffers technical breakdown
Wed, 01 Mar 2017 07:07:07 GMT
 
On Tuesday, Amazon.com Inc. reported its cloud service used by many news and governmental websites had experienced some major technical issues during three and a half hours, without stating the >>
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FED officials increase rate hike expectations
Wed, 01 Mar 2017 05:52:20 GMT
 
During Tuesday's trading session the New York and San Francisco representatives of the Federal Reserve gave speeches. As a result of their rhetoric, the expectations of a March rate hike >>
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Trump promises tax relief
Wed, 01 Mar 2017 05:51:46 GMT
 
During his latest speech the President of the United States Donald Trump affirmed that a large tax reform is in the planning, which is set to boost the economy of >>
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Iraq will not be included in US immigration ban
Wed, 01 Mar 2017 05:22:22 GMT
 
The President of the United States Donald Trump announced during his latest speech that his new immigration order is set to remove Iraq from list of the countries, whose citizens >>
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Trump remains committed to US allies
Wed, 01 Mar 2017 05:21:50 GMT
 
During his latest speech the President of the United States Donald Trump affirmed the support of the United States to its longstanding allies. However, he insisted that partners have to >>
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Fed's Williams signals to a possible rate hike next month
Tue, 28 Feb 2017 22:32:03 GMT
 
On Tuesday, the San Francisco Fed President John Williams said that March rate hike is quite possible due to the US inflation approaching the central bank's 2% target. >>
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Russia criticises UN sanctions on Syria
Tue, 28 Feb 2017 22:19:06 GMT
 
On Tuesday, the Deputy Foreign Minister of Russia Gennady Gatilov stated that UN sanctions put on Syria for the usage of chemical weaponry could hinder Geneva peace talks. >>
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OneWeb confirms merger with Intelsat
Tue, 28 Feb 2017 21:04:08 GMT
 
On Tuesday, OneWeb and Intelsat agreed on a share-for-share merger that would allow the two companies to create a combined satellite network. >>
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New US Commerce Secretary appointed
Tue, 28 Feb 2017 21:03:41 GMT
 
On Tuesday, a 79-year-old billionaire Wilbur Ross has been appointed as the head of the United States Department of Commerce. >>
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Nissan urges government to help to comply with "rules of origin"
Tue, 28 Feb 2017 20:06:10 GMT
 
Japanese carmaker's European division called on the British government to help the company to comply with the "Made in Britain" rule in the wake of Brexit. >>
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Paul Ryan says Obamacare must be repealed
Tue, 28 Feb 2017 20:05:23 GMT
 
Paul Ryan, the US House Speaker, said that the Affordable Care Act (commonly referred to as Obamacare) would be repealed and substituted with "a better healthcare system". >>
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Kaplan sees Fed raising rates by June
Tue, 28 Feb 2017 19:14:08 GMT
 
In an interview with CNBC, Robert Kaplan, the Dallas Fed President, said that the Federal Reserve was expected to lift its interest rates as soon as June. >>
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