Market News and Research




Market News and Research

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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Paul Ryan says Obamacare must be repealed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Paul Ryan, the US House Speaker, said that the Affordable Care Act (commonly referred to as Obamacare) would be repealed and substituted with "a better healthcare system".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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US shares little changed ahead of Donald Trump's speech
Tue, 28 Feb 2017 19:13:37 GMT
 
US markets kicked off the NY trading session little changed, with the Dow Jones and Nasdaq 100 falling a modest 0.10% and 0.01% respectively. >>
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Greenback hovers around 58.30 level versus Ruble
Tue, 28 Feb 2017 17:59:28 GMT
 
The US Dollar was up 0.31% against the Russian Ruble on Tuesday, with the pair gravitating close to the 58.30 level. >>
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Raw material prices in Canada surge 1.7% in January
Tue, 28 Feb 2017 17:59:09 GMT
 
According to the data released by Statistics Canada on Tuesday, prices of raw materials posted a 1.7% increase in January compared with a 6.5% advance registered in December. >>
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US consumer confidence reaches 15-year high
Tue, 28 Feb 2017 17:02:34 GMT
 
The data released by the Conference Board revealed that consumer confidence in the US jumped to 114.8 points in the month of February, hitting its highest level in 15 years. >>
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Swiss KOF index climbs 5.2 points in February
Tue, 28 Feb 2017 17:02:10 GMT
 
The KOF Swiss Economic Institute reported the KOF index added 5.2 points in February, jumping to 107.2 from an upwardly revised reading of 102.0 registered in January. >>
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US GDP expands 1.9% in Q4 2016
Tue, 28 Feb 2017 16:06:23 GMT
 
The US Commerce Department revealed that the US gross domestic product rose 1.9% in the final quarter of 2016, matching the preliminary estimate. >>
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Chicago PMI soars to 57.4 in February
Tue, 28 Feb 2017 16:06:06 GMT
 
The MNI Chicago Business Barometer added 7.1 points to settle at 57.4 over the month of February, beating analysts' expectations for a 53.0 reading. >>
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Evening Press Review
Tue, 28 Feb 2017 15:49:03 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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