FinSentS Weekly Recap

Weekly Review of Headlines
● IMF: Economic Boost From Oil Prices Unlikely Until Rates Rise – CNBC

The slump in oil prices is unlikely to boost the world economy until interest rates start to rise — by which time the commodity may have recovered somewhat anyway, the International Monetary Fund (IMF) said on Thursday…Read More

● Brexit could trigger credit downgrade for UK’s biggest firms –Guardian

Britain’s biggest companies could face a credit downgrade – potentially forcing up their borrowing costs – should the UK vote to leave the EU in June, according to a report by a leading ratings agency…Read More

● German Growth Gains Momentum In Early 2016 – MarketWatch

Germany’s economic growth gained momentum during the first three months of the year due to stronger industrial output and higher private consumption, the finance ministry said.

● Japan cuts economic assessment as consumption stumbles –Rtrs

Japan’s government lowered its assessment of the economy in March for the first time in five months due to weakness in consumer spending, a move likely to reinforce views that more fiscal stimulus will be needed to keep the economy growing.

● Russia C.Bank’s Nabiullina: To Cut Key Rate As Inflation, Inflation Risks Fall – RTRS

The governor of Russia’s central bank, Elvira Nabiullina, said on Thursday that Russia’s key rate would be cut as inflation and inflation risks fall.

● Oil security seen at risk by IEA on ‘historic’ spending cuts –BBG

An oil shock may be lurking around the corner as the price bust has hammered investment in future supply, according to the International Energy Agency.

● Emerging Markets-Eastern European Shares Fall 1% After Belgium Blasts – CNBC

Eastern European shares tumbled around 1 percent on Tuesday and emerging currencies weakened after blasts in Brussels sent Western bourses lower and supported the dollar.

● European Stocks Slump As Dollar Strength Cuts Oil, Mining Shares – MarketWatch

European stocks slumped for a fourth straight day, with commodity shares dropping as the U.S. dollar continued to march higher.

● Dollar Stays Supported In The Wake Of Fed Officials’ Comments – MarketWatch

The dollar’s rally began in the Asia trading, pressuring crude-oil prices which are denominated in dollars.

● China Premier Li: Has Enough Tools To Ensure Stable Economy – RTRS

China has enough policy tools to keep the economy stable despite “deep rooted” structural problems and downward pressure, Premier Li Keqiang said on Thursday, channeling calm amid concerns about the country’s slowdown.

 

Stock Information
● $RTN

US Raytheon Wins Contract to Develop CHAMP Missile for Electronic War #RAYTHEON CO #SP500 More Details

● $TSLA

US Tesla Motors Inc (TSLA) Upgraded at Vetr Inc. #TESLA MOTORS INC #NASDAQMore Details

● $FE

US FirstEnergy Corp. (FE) Trading Up 0.8% #FIRSTENERGY CORP #SP500 More Details

● $FMS

AU Flinders Highway closed after acid spill #FLINDERS MINES LTD #ASX2000 More Details

● $601857

CH PetroChina : Cuts Back As Earnings Slide 67% #PETROCHINA CO LTD #APEX50 More Details

● $MATR

US Mattersight Corp (MATR) Sees Strong Trading Volume #MATTERSIGHT CORP #NASDAQ More Details

● $LGEN

LN Legal & General Group Plc (LGEN) Coverage Initiated at BNP Paribas #LEGAL & GEN GROUP PLC #STOXX600 More Details

● $VOD

LN Vodafone strengthens global partnership with Huawei #VODAFONE GROUP PLC #LDN100 More Details

● $UBS

US Euro to Pound Rally Overdone, According to UBS Citing Massive Risks for EUR Ahead #UBS AG #STOXX600 More Details

● $WEC

US Wisconsin Energy Corp (WEC) Trading 1.2% Higher #WISCONSIN ENERGY CORP #SP500 More Details

 

InfoTrie News
● Happy Easter

The spirit of Easter is all about Hope, Love and New Beginning. InfoTrie wants to wish you a blessed and happy Easter, and hope you have a weekend filled with joy!

Please click here and you will find suprise for you!

 

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