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  1. Thread: Next Week News

    by TheNews
    Replies
    246
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    69,041

    Sticky: UK Chancellor Unveils GBP 30 Bln Stimulus For Economy Amid Covid-19 Outbreak

    38672

    Chancellor Rishi Sunak unveiled a comprehensive stimulus package totaling GBP 30 billion [$39 billion] on Wednesday to support the UK economy as the coronavirus, or Covid-19, keeps spreading...
  2. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: IMF's Georgieva Says Global Growth To Be Deep Below 2019 Level On COVID-19

    38591

    Global growth this year would be much lower than 2019 level as the coronavirus, or COVID-19, spreads to several countries hurting economic activity, International Monetary Fund Managing...
  3. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: New Zealand Holds Rate Steady Unexpectedly

    37584

    New Zealand's central bank left the key interest rate unchanged on Wednesday, defying expectations for a reduction, and signaled that it was ready to add more stimulus if needed, in the...
  4. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: IMF Says Global Growth Set To Be Lowest Since 2008-09; Outlook Precarious

    Global economy is set to expand at the slowest pace in a decade this year amid weak manufacturing momentum, and rising trade and geopolitical tensions, the International Monetary Fund said Tuesday....
  5. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: World Bank Forecasts Growth To Ease Across Europe, Central Asia

    The World Bank forecast economic growth across Europe and Central Asia to ease this year reflecting the slowdown in both Russia and Turkey. According to the latest World Bank Economic Update for...
  6. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: U.S. New Home Sales Rebound More Than Expected

    37107

    Reflecting an extension of the volatility seen in recent months, the Commerce Department released a report on Wednesday showing U.S. new home sales rebounded strongly in the month of August...
  7. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Draghi To End ECB Tenure With - A Bang Or Buzz

    European Central Bank President Mario Draghi is widely expected to announced a fresh round of stimulus measures on Thursday to rev up the euro area economy, a final push before the expiry of his term...
  8. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Intends To Remain Flexible Regarding Future Interest Rate Cuts

    Citing a lack of clarity about when the risks to the U.S. economy will be resolved, the minutes of the Federal Reserve's latest monetary policy showed the central bank intends to remain flexible...
  9. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Powell Warns Of Overreacting To Short-Term Swing In Sentiment

    35957

    In a closely watched speech on Tuesday, Federal Reserve Chairman Jerome Powell reiterated that the central bank will "act as appropriate" to sustain the U.S. economic expansion. Powell...
  10. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Powell Says Fed Will Act "As Appropriate" To Sustain Economic Expansion

    35733

    Amid growing concerns escalating global trade tensions could spark a recession, Federal Reserve Chairman Jerome Powell has pledged the central bank will take appropriate actions to sustain...
  11. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: ECB's Draghi Says Policy Stance Accommodative

    34945

    European Central Bank President Mario Draghi said on Wednesday that the bank's monetary policy stance remained accommodative in the face of weaker growth outlook for the euro area.
    ...
  12. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Jobless Rate Lowest Since Early 1975

    34819

    UK employment level climbed to a record high in the three months to January, while the jobless rate eased to its lowest level since the mid-1970s, preliminary data from the Office for...
  13. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Minutes Provide Insight

    34486

    Investors were provided with further insight into the Federal Reserve's decision to change the forward guidance language and indicate a patient approach to raising interest rates in the...
  14. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Australia Trade Surplus Soars To A$3.681 Billion In December

    34313

    Australia posted a seasonally adjusted merchandise trade surplus of A$3.681 billion in December, the Australian Bureau of Statistics said on Tuesday.

    more...
  15. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: U.S. Consumer Confidence - significant drop due to government shutdown

    Reflecting a sharp decline in expectations, the Conference Board released a report on Tuesday showing a much bigger than expected drop in U.S. consumer confidence in the month of January.

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  16. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Australia GDP Expands 0.3% In Q3

    33644

    Australia's gross domestic product added a seasonally adjusted 0.3 percent on quarter in the third quarter of 2018, the Australian Bureau of Statistics said on Wednesday.

    more...
  17. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Chairman Powell: Interest Rates Currently "Just Below" Neutral

    33557

    In a highly anticipated speech before the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell described the current level of interest rates as "just below" neutral...
  18. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Continues To Favor "Gradual Approach" To Raising Rates

    Amid recent concerns the Federal Reserve may raise interest rates more aggressively than currently anticipated, the minutes of the central bank's September monetary policy meeting showed members...
  19. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: IMF Slashes Global Growth Forecast As Trade War Intensifies

    The International Monetary Fund slashed the global growth forecast for this year and next on Tuesday, citing an increase in the likelihood of further negative shocks, such as a full-blown trade war....
  20. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Raises Interest Rates By 25 Basis Points, Boosts Economic Projections

    32874

    In a widely expected move, the Federal Reserve announced its decision to raise interest rates by 25 basis points on Wednesday. The Fed decided to raise the target range for the federal funds...
  21. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: BoE's Carney Willing To Extend Term To Aid Smooth Brexit Transition

    Mark Carney confirmed on Tuesday that he is willing to extend his term as the Bank of England governor to support a "smooth Brexit transition". In recent weeks, speculation has been rife that the...
  22. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: U.S. Existing Home Sales Unexpectedly Drop 0.7% In July

    Existing home sales in the U.S. unexpectedly decreased in the month of July, according to a report released by the National Association of Realtors on Wednesday.

    more...
  23. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Fed Leaves Interest Rates Unchanged, Calls Economic Growth "Strong"

    32458

    Following a two-day meeting of the Federal Open Market Committee, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged. Citing realized...
  24. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Powell: Gradually Raising Interest Rates The Best Way Forward

    Federal Reserve Chairman Jerome Powell reiterated during testimony on Capitol Hill on Tuesday that the central bank believes gradually raising interest rates is the "best way forward." Appearing...
  25. Thread: Next Week News

    by TheNews
    Replies
    246
    Views
    69,041

    Sticky: Russia Service Sector Growth At 25-Month Low

    Russia's service sector activity expanded at the weakest pace in just over two years in June, survey data from IHS Markit showed Wednesday.

    more...
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