China Removes Cap on Forex Deposit Rates in Shanghai PBOC Governor Zhou Xiaochuan China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation. The People’s Bank of China said today it will remove the ceiling on foreign-currency deposit rates across the city effective tomorrow for what it described as small accounts. The trial will start ...
Monday 6/16 Group G Germany vs. Portugal Group G Ghana vs. US Group F Iran vs. Nigeria Eurozne CPI is forecast to be 0.5% on the year for May, which was the original estimate. The core CPI expected to be 0.7%, also as originally estimated. May’s inflation data gave room for the ECB to act, which would maintain bearish pressure ...
North Carolina Senate Committees Approve Measure Removing Fracking Moratorium By Forexminute - Jonathan Millet | Fracking News | May 21, 2014 12:01AM BST Two North Carolina Senate committees unanimously voted on Tuesday to approve a law that will see the ban on fracking lifted in summer. The bill is expected to be ...
Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West. The deal, ...
The week ahead offers economic and corporate news that is potentially market moving as investors continue to run scared from many overvalued biotech, Internet, small-cap and so-called “momentum” stocks and seek the safety of established and dividend-paying companies like utilities. The Russell 2000 index of smaller company shares has fallen roughly 8 percent in the last two months. And despite big, blue chip stocks driving the Dow Jones index to a record this past Friday, ...
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