FTSE 100
7258.75
+0.40%
CAC 40
4828.32
+0.04%
DAX 30
111.703
+0.206%
S&P 500
2317.13
+0.40%
NASDAQ-100
5231.79
+0.38%
NIKKEI 225
19378.93
+2.49%
HANG SENG
23574.98
+0.21%
S&P/ASX 200
5720.60
+0.99%
EUR/USD
1.0644
-0.1164%
GBP/USD
1.2491
-0.0552%
EUR/GBP
0.8521
-0.0399%
USD/JPY
113.2590
-0.0300%
EUR/JPY
120.5530
-0.1441%
USD/CHF
1.0023
+0.0909%

An accredited financial and economic news service, specialising in up-to-the-second broadcast reports and headlines

news

LONDON HOME
Hide

our products

<p>up to the second audio news feed</p>

up to the second audio news feed

<p>live press conference feed</p>

live press conference feed

<p>fixed income wire service</p>

fixed income wire service

<p>trading education & tutoring</p>

trading education & tutoring

Asia Business Sentiment Slips From Seven-Year High On Trade Worries – RTRS/INSEAD https://t.co/g06tG02WHI (3mins) like | retweet
AT&T In Talks To Acquire Appnexus For About USD1.6 Bln - WSJ https://t.co/R3bKgXneXF (7mins) like | retweet
S.Korea Foreign Minister Says Always Possibility S.Korea President And N.Korea's Kim Might Meet Ahead Of Scheduled… https://t.co/c3oZa06wZ0 (44mins) like | retweet
Japan Nikkei 225 Little Changed At Morning Close Japan Topix Index Falls 0.5Pct At Morning Close (57mins) like | retweet
S.Korea Ruling Party Calls For Expansionary Fiscal Policy - Yonhap (1hrs ) like | retweet
RT @SkyNews: Canada to legalise cannabis after landmark senate vote https://t.co/qJaBzxcJxr (1hrs ) like | retweet
S.Korea Foreign Minister Says Decision To Halt Joint Drills With U.S. (1hrs ) like | retweet
S.Korea Foreign Minister Says Sanctions On N.Korea Will Remain In Place Until "Complete Denuclearisation" Achieved (1hrs ) like | retweet
PBoc Sets Yuan Mid-Point At Weakest Since Jan.12 (2hrs ) like | retweet
PBoC Injects A Net 40 Bln Yuan Via Reverse Repos On Wednesday, With 60 Bln Yuan Maturing - Reuters Calculation (2hrs ) like | retweet
today’s featured stories
All 40 of the economists polled by Reuters said the Swiss National Bank (SNB) will confirm current interest rates, and the rate-setters are expected to offer few changes to forward guidance when they announces their latest monetary policy Thursday, 21 June (0830 GMT). Along with the rate...
Read More

All 40 of the economists polled by Reuters said the Swiss National Bank (SNB) will confirm current interest rates, and the rate-setters are expected to offer few changes to forward guidance when they announces their latest monetary policy Thursday, 21 June (0830 GMT).

 

Along with the rate decision, the SNB is also scheduled to provide its latest forecasts for this year’s Swiss GDP growth and domestic inflation projections for 2018-2020.

The bank is expected to hold the interest rate for sight deposits at -0.75pct, a record low, and the target range for the three-month Libor at -1.25pct and -0.25pct. Switzerland cut its key rate to -0.75pct in January 2015. (LiveSquawk - Continue Reading)

SNB Jun 18 Rate Decision - Preview
All 40 of the economists polled by Reuters said the Swiss National Bank will confirm current interest rates, and the rate-setters are expected to offer few changes to forward guidance when they announces their latest monetary policy Thursday (0830 GMT).
Read More

All 40 of the economists polled by Reuters said the Swiss National Bank will confirm current interest rates, and the rate-setters are expected to offer few changes to forward guidance when they announces their latest monetary policy Thursday (0830 GMT). Along with the rate decision, the SNB is also scheduled to provide its latest forecasts for this year’s Swiss GDP growth and domestic inflation projections for 2018-2020.

 

The bank is expected to hold the interest rate for sight deposits at -0.75pct and the target range for the three-month Libor at -1.25pct and -0.25pct.

 

SNB Chairman Thomas Jordan is scheduled to face the media at a 0900 GMT press conference in Bern following the rate announcement. Jordan and the bank have repeatedly stated that the Swiss franc remains “highly valued”, a phrase they will likely reiterate Thursday.

 

The European Central Bank last week rolled out its plan to taper and then end its bond purchase and said it would hold rates steady “through” next summer, but few analysts expect Swiss central bankers to alter their forward guidance. (LiveSquawk – Continue Reading)

OPEC Is Said to Debate Output Hike of 300,000 to 600,000 B/D
OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks. While Iran said on Sunday it’s opposed to any increase to current quotas, officials...
Read More

OPEC members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks.

 

While Iran said on Sunday it’s opposed to any increase to current quotas, officials from a number of other countries are optimistic that an agreement can be won for a relatively modest hike at this week’s meeting in Vienna, the people said, asking not to be named discussing private conversations. (Bloomberg – Continue Reading)

Italy Is Caught In a Debt Trap With Little Room To Engineer An Escape
Contrary to much received wisdom, in most circumstances, the level of a government’s budget deficit and the accumulated stock of its debt have hardly any impact on the yield on its bonds. As long as the markets are confident that there will not be a default, then they are usually willing to...
Read More

Contrary to much received wisdom, in most circumstances, the level of a government’s budget deficit and the accumulated stock of its debt have hardly any impact on the yield on its bonds. As long as the markets are confident that there will not be a default, then they are usually willing to soak up enormous amounts of government debt without turning a hair.

 

Instead, they focus on two things – short-term interest rates and the prospects for inflation. The former gives the opportunity cost of holding bonds, and the latter defines the prospect of real capital loss through rising prices. (Telegraph – Continue Reading)

As Trade War with China Looms, US Readies Second Wave of Duties
The United States has nearly completed a second list of tariffs on $100 billion (75.44 billion pounds) in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that is expected to trigger an in-kind response from Beijing, several sources said. The second wave of...
Read More

The United States has nearly completed a second list of tariffs on $100 billion (75.44 billion pounds) in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that is expected to trigger an in-kind response from Beijing, several sources said.

 

The second wave of products has been cued up as Washington prepares to announce on Friday a list of about $50 billion of goods to be targeted. They are part of Trump’s decision to go forward with “pretty significant” tariffs, an administration official said on Thursday. (Reuters – Continue Reading)

Our audience spans the globe, relying on us to filter out the noise to deliver accurate, reliable and timely news

Our journalists and analysts monitor all major newswires, television channels, news websites, blogs and social media platforms for content with market-moving potential. We only broadcast the most relevant news headlines that you need to know. Our analysis and insights rival any of our competitors

We broadcast 24 hours a day from Europe and Asia, Sunday through Friday (except for selected UK holidays). Commentary covers all the main asset classes, including equities, fixed income, FX and commodities