International

After the major event for US indices of the Fed rate decision last night, the US session was relatively quiet today. Two releases are worth mentioning with the weekly initial jobless claims coming in at 208k (vs 210k expected and a prior reading of 206k that was revised up by 2k.).

La câteva ore după ce Rezerva Federală a decis cea de-a doua reducere a ratei de dobândă (parte din ajustările intermediare din prezentul ciclu monetar), Banca Japoniei a decis să mențină neschimbate toate coordonatele politicii sale monetare.

The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move meant to sustain a decade-long economic expansion, but gave mixed signals about what may happen next.

Fed își va anunța astăzi decizia de rată la 7:00 pm BST (9:00 pm ora României), care va fi urmată de o conferință 30 de minute mai târziu.

Global daily currency turnover increased to a record $6.6 trillion, with London ignoring Brexit uncertainty to extend its lead as the world’s dominant trading hub, according to a survey made by the Bank for International Settlements (BIS). Foreign exchange markets had been shrinking when the BIS released its last triennial forex survey – considered the…

The European Union may need to scale back its plans to boost growth and counter climate change if it fails to quickly agree on a long-term budget, European officials said on Monday, as Germany and other northern states push to restrict spending, according to Reuters. The EU administration is funded with a seven-year budget. The…

Oil prices saw a gargantuan price jump when markets reopened after the weekend following the attacks on Saudi Arabia’s largest oil facility. The Iranian-backed Houthis group in Yemen claimed responsibility for the attacks. What has happened so far for the global crude market? So, the noticeable price increase seems to be well supported by fundamental factors…

Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as the country confronted with weekend drone attacks on the heart of its oil production facilities in Abqaiq and Khurais claimed by Yemen’s Houthi rebels. Reports that the country may take weeks to return to full oil supply capacity is set to send crude futures…

London Stock Exchange has rejected Hong Kong Exchange’s $39 billion (£31.3 billion) takeover offer, opting to stick with its planned purchase of data and analytics group Refinitiv, according to Reuters.