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US Treasury to borrow $275B in Q4
Mon, 30 Oct 2017 20:09:49 GMT
The US Treasury expects to borrow $275B in the Q4, much less than previously planned as it approaches a statutory limit on federal budget. >>
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Kobe Steel seeks $440M in loans
Mon, 30 Oct 2017 19:00:26 GMT
Kobe Steel was seeking $440M in loans from banks. Meanwhile, a shareholder offered a support since the company was trying to overcome the falsified product certification scandal. >>
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Akzo Nobel to discuss $30B worth merger with Axalta
Mon, 30 Oct 2017 19:00:07 GMT
Akzo Nobel, Dutch paints maker, has discussed a possible merger with the US rival Axalta Coating Systems to build a $30B worth company, to recover after dismissing the takeover offer. >>
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US consumer spending jumps 1% in September
Mon, 30 Oct 2017 18:13:28 GMT
The US consumer spending inched 1% in September, the fastest pace since 2009, amid replacement of the flood-damaged motor vehicles in Florida and Texas, while inflation remained muted. >>
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Chinese banks report higher quarterly profits
Mon, 30 Oct 2017 18:12:45 GMT
Four of Big Five state-owned Chinese banks have reported higher quarterly profits, while bad loans‘ growth has slowed, amid scrutiny of the shadow banking sector and resilient economy. >>
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Brent oil prices hold above $60 on Monday
Mon, 30 Oct 2017 17:03:15 GMT
Brent oil prices held above $60 a barrel during London session, amid anticipated OPEC-led production cuts that would be extended beyond March. >>
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US to invest $60M in Sahel region's security
Mon, 30 Oct 2017 17:02:23 GMT
The US has promised $60M to support the counterterrorism efforts of the G5 Sahel Joint Force, in order to ensure stability and security of the regional partners, Tillerson said. >>
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Euro zone sentiment hits record-high since 2001
Mon, 30 Oct 2017 16:09:46 GMT
The Euro zone economic sentiment surged in October for the fifth month to 114.0 points, reaching its highest level since January 2001. >>
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Trump likely to name next Fed chair on Thursday
Mon, 30 Oct 2017 16:09:31 GMT
The US President Donald Trump is likely to appoint Jerome Powell as the next Federal Reserve chair, while the announcement is expected to take place on Thursday. >>
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German inflation slows in October
Mon, 30 Oct 2017 15:14:51 GMT
Germany's annual inflation has slowed in October, remaining below the ECB target. Such data stimulated bank's decision to slowly eliminate monetary stimulus. >>
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Wall Street suffers from Russia probe
Mon, 30 Oct 2017 15:06:37 GMT
Wall Street has opened lower on Monday, since investors evaluated the first charges‘ fallout that were connected with Russia probe into possible meddling in the last US election. >>
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Apple, Facebook CEOs meets China's President Xi
Mon, 30 Oct 2017 14:26:47 GMT
On Monday, the Chief Executives of Apple and Facebook, Tim Cook and Mark Zuckerberg, met the Chinese President Xi Jinping at the annual adviser gathering in Beijing. >>
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Ex-Catalan leader to meet lawyers in Brussels
Mon, 30 Oct 2017 14:26:12 GMT
Former Catalonia's leader Carles Puigdemont is about to arrive in Brussels to meet political representatives and lawyers, the Belgian broadcaster VRT reported on Monday. >>
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NZD/USD indecisive on Monday
Mon, 30 Oct 2017 13:37:59 GMT
Even though the Kiwi has maintained its general movement southwards, downward pressure seems to have allayed, thus paving a way for a minor appreciation on Friday. >>
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USD/CAD fails to surpass 1.2840
Mon, 30 Oct 2017 13:36:25 GMT
After reaching a new three-month high at 1.2910, bears took the initiative and dominated the market during the last trading hours on Friday. >>
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