|Weekly Review of Headlines|
US stocks are expected to open with small losses on Friday, failing to keep the positive momentum after ending a five-day losing streak a day before, with housing data lying ahead…Read More
Moody’s Investors Service (“Moody’s”) placed the Aaa senior unsecured rating of Microsoft Corporation under review for downgrade following the announcement today that the company has agreed to buy LinkedIn Corporation for $26.2 billion in cash. ..Read More
Growth in China’s fixed-asset investment slipped below 10 percent for the first time since 2000, while retail sales growth also slowed, the National Bureau of Statistics announced earlier in the day.
The Bank of Japan refrained from expanding monetary stimulus ahead of the U.K. vote on Brexit next week that could roil global markets, and before a domestic election in which the political opposition has made the bank’s negative interest-rate policy an issue.
St. Louis Fed President Jim Bullard, in a significant shift in his outlook for the economy, now says low growth and a very low fed funds rate of just 63 basis points will likely remain in place through 2018.
Global oil demand will increase by 1.2 million barrels a day this year to 94.18 million, led by India, the group’s Vienna-based research department said in the monthly report.
Economic momentum in Switzerland is expected to pick up next year as the recovery in the neighboring euro area gains steam, the government said, confirming its last quarterly forecast.
The central bank’s decision to stick with its 2016 rate path, however, appeared shakier, with six of its 17 policymakers projecting just one increase this year. Only one Fed policymaker had done so when economic forecasts were last issued in March.
August gold GCQ6, +0.25% rose $10.10, or 0.8%, to settle at $1,298.40 an ounce, trading well below the intraday high of $1,318.90.
The combined balance sheet of the European Central Bank and the euro zone’s 19 national central banks expanded by 15.25 billion euros ($17.13 billion) to 3.094 trillion euros in the week to June 10, the ECB said.
US JPMorgan Chase & Co. Sells 392,020 Shares of Tractor Supply Company (TSCO) #JPMORGAN CHASE & CO #DJ30 More Details
US Williams-Sonoma, Inc. (WSM) Now Covered by Analysts at Citigroup Inc. #CITIGROUP INC #SP500 More Details
AU Pakistani artist awarded prestigious Jameel Prize in Istanbul #ARTIST & ENTERTAINMENT GROUP #ASX2000 More Details
LN QLogic Co. (QLGC) Rating Lowered to Hold at Argus #LEGAL & GEN GROUP PLC #STOXX600 More Details
US BMO Capital Markets Reiterates Buy Rating for Apple Inc. (AAPL) #APPLE INC #NASDAQ More Details
VX BofA, Credit Suisse Settle With Funds Over $1B Refco Scam #CREDIT SUISSE GROUP #STOXX600 More Details
US MoSys Inc. (MOSY) Upgraded to Hold by Zacks Investment Research #MOSYS INC #NASDAQ More Details
TT Rally May Stall For Taiwan Stock Market #TAIWAN SEMICONDUCTOR MFG CO #APEX50 More Details
US Coca Cola : Record high 86,091 employed in Anderson County #COCA-COLA CO #SP500 More Details
LN Centrica PLC (CNA) Rating Reiterated by Credit Suisse #CENTRICA PLC #LDN100 More Details
InfoTrie’s best wishes for the heroes in real life. We wish fathers healthy and happy for ever!
Gifts entrance: FINSENTS
Any comments, questions, suggestions or concerns please feel free to email:email@example.com.
And find us on following social media to get real-time news!