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FED to shed bond holdings to keep interest rate hike
Wed, 19 Apr 2017 20:09:52 GMT
 
According to Boston Fed President Rosengren, the US Fed should gradually shed its bond holdings as soon as possible to keep the planned interest rate hikes.  >>
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US money market fund assets drop this week
Wed, 19 Apr 2017 20:08:11 GMT
 
According to iMoneyNet, the US taxable money market fund assets inched $9.59B lower to $2.476T this week, while tax-free money market assets dipped $1.19B to $129.15B. >>
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Amazon presents voice-powered technology
Wed, 19 Apr 2017 19:10:15 GMT
 
Amazon.com Inc presented a technology powering Alexa, analogue to Apple's Siri, a voice assistant that would allow people to control software using only their voice.  >>
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Erdogan promises to reinstate death penalty
Wed, 19 Apr 2017 19:09:20 GMT
 
Immediately after winning the latest referendum Turkey's President Erdogan promised to restore the death penalty, a reform that was abolished 15 years ago to join the EU. >>
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South Africa's credit rating downgrades amid political uncertainty
Wed, 19 Apr 2017 18:16:19 GMT
 
According to S&P Global Ratings, South African credit rating could downgrade even further due to political uncertainty that has been triggered by the dismissal of Finance Minister. >>
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US FIO to study insurance departments' budgets
Wed, 19 Apr 2017 18:08:09 GMT
 
According to a bipartisan policy group, the US FIO would investigate how much money state insurance departments have received from their recommend appropriate levels and legislatures. >>
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House Oversight Chairman to leave Congress next year
Wed, 19 Apr 2017 16:56:31 GMT
 
Jason Chaffetz, the Chairman of the House Oversight and Government Reform Committee, reported on Wednesday that he would not run for re-election next year. >>
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Oil prices drop following weak EIA data
Wed, 19 Apr 2017 16:55:32 GMT
 
Oil prices fell on Wednesday after the EIA Weekly Petroleum Status Report showed a smaller-than-expected drop in US crude oil inventories and higher oil production. >>
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PPG Industries win support from Elliott Advisors
Wed, 19 Apr 2017 16:27:24 GMT
 
Pittsburg's PPG Industries turned down the proposal of Denmark's Akzo Nobel on Wednesday and won support from Elliott Advisors, the British arm of New York hedge fund Elliott Management. >>
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Turkey's opposition party leaves parliament
Wed, 19 Apr 2017 16:26:32 GMT
 
The Republican People's Party, Turkey's centre-right main opposition party, announced its withdrawal from the parliament amid the Sunday referendum results, local media reported on Wednesday. >>
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AfD party leader refuses to support anti-immigration campaign
Wed, 19 Apr 2017 15:02:18 GMT
 
The leader of the far-Right Alternative for Germany party Frauke Petry said on Wednesday that she would not support the anti-immigration party's campaign ahead of the September 24 federal election. >>
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Trump's tax cuts to lead to harmful risk-taking
Wed, 19 Apr 2017 15:00:20 GMT
 
On Wednesday, the IMF said that Donald Trump's potential tax cuts and changes to financial regulations would lead to risk-taking behaviour, which played a critical role in the global financial >>
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OPEC to meet non-OPEC members on May 25
Wed, 19 Apr 2017 14:32:05 GMT
 
The Organization of Petroleum Exporting Countries said on Wednesday it would meet with non-OPEC countries at its next conference on May 25. >>
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Abu Dhabi Crown Prince to meet Putin on Thursday
Wed, 19 Apr 2017 14:26:40 GMT
 
According to the Kremlin, the Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan is eager to meet the Russian President Vladimir Putin on April 20 amid talks on international >>
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NZD/USD retreats on Wednesday
Wed, 19 Apr 2017 14:25:15 GMT
 
By the middle of Wednesday's trading session the New Zealand Dollar against the Greenback had encountered the resistance put up by the weekly R1 at 0.7051 and fallen down to >>
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