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May encourages UK towards friendly EU divorce
Tue, 12 Dec 2017 18:03:44 GMT
The UK Prime Minister Theresa May's communication with the EU over divorce deal is the strongest signal that the Britain is heading towards an orderly departure from the European Union. >>
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Trump signs National Defense Authorization Act
Tue, 12 Dec 2017 18:03:38 GMT
The US President Donald Trump signed a massive defense policy bill that had authorized a $700B budget for the military, including additional money for missile defense programs against North Korea >>
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Bulgaria freezes Prokopiev's assets
Tue, 12 Dec 2017 17:25:17 GMT
On Tuesday, Bulgaria froze businessman and independent media publisher Ivo Prokopiev's assets, property, and bank accounts worth around $119M. >>
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US November PPI in line with expectations
Tue, 12 Dec 2017 17:24:35 GMT
According to the data released by the US Bureau of Labour Statistics on Tuesday, the country's November PPI rose 0.4%, in line with expectations. >>
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German ZEW economic sentiment worsens in December
Tue, 12 Dec 2017 16:13:49 GMT
The German ZEW Indicator of Economic Sentiment declined 1.3 points to 17.4 over the course of December, remaining below the long-term average of 23.7 points. >>
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UK CPI jumps to annual rate of 3.1% in November
Tue, 12 Dec 2017 16:13:09 GMT
The UK Office for National Statistics reported that the state's consumer price inflation rose to its highest level in almost six years, hitting the annual rate of 3.1% in November. >>
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Facebook to start booking advertising revenue locally
Tue, 12 Dec 2017 15:33:59 GMT
On Tuesday, Facebook announced it would book advertising revenue locally amid political pressure, instead of rerouting it through its international HQs in Dublin. >>
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EU plans to prolong economic sanctions against Russia
Tue, 12 Dec 2017 15:10:35 GMT
The European Union is about to agree on Thursday to extend the economic sanctions imposed on Russia until mid-2018, following the annexation of the Crimea region. >>
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Macron's labour reforms seen to be slow, but massive
Tue, 12 Dec 2017 14:34:32 GMT
The French President Emmanuel Macron's labour reforms are expected to be slow, but would have massive impact on the country's stubbornly high unemployment. >>
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Russia plans to keep air bases in Syria
Tue, 12 Dec 2017 14:25:15 GMT
The Kremlin stated on Tuesday that Russia would keep Syria's air bases capable to strike at terrorists, if required, following a partial pull-out of its military. >>
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NZD/USD allays after surge
Tue, 12 Dec 2017 14:17:54 GMT
Following the massive surge early on Monday, bears managed to regain some of their positions later in the day. >>
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USD/CAD hinders near 1.2825
Tue, 12 Dec 2017 14:16:37 GMT
USD/CAD has shown no significant changes to its overall price level during the past three trading sessions, as it has failed to leave the 1.2822/72 area. >>
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AUD/USD driven by upside risks
Tue, 12 Dec 2017 14:15:27 GMT
The Australian Dollar remained relatively unchanged against the US Dollar on Monday, as it was fluctuating between the 55– and 100-hour SMAs. >>
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EUR/JPY leaves trading range
Tue, 12 Dec 2017 14:13:51 GMT
EUR/JPY had been stranded in a narrow 133.81/133.52 range for the second consecutive session. >>
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German KBA watchdog recalls VW SUVs over defeat devices
Tue, 12 Dec 2017 13:34:50 GMT
The Germen KBA watchdog called off on Tuesday Volkswagen's EU sport-utility car, after it had detected illicit emissions control devices. >>
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