Day: October 18, 2017

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  The stock market is the scorecard for the Fed and the US government

  Mnunchin talks about tax reform and stocks Ben Bernanke said the stock market was the first thing he looked at each morning. With Goldman Sachs[...]
  2017-10-18 19:47:09

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  Beige Book coming up next

  The Fed's Beige Book is due at the top of the hour Here are the of the previous Beige Book, released September 6. It saw[...]
  2017-10-18 19:47:09

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  US Republican Senator Cornyn sees enough support for budget measure

  Progress for tax reform Another hurdle has been cleared on the route to a tax cut. Senator Cornyn said Republicans appear to have enough votes[...]
  2017-10-18 19:47:09

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  Euro climbs back over 1.18 but an ominous pattern emerges

  Is that the right shoulder or not? The intraday reversal in the euro continues with EUR/USD now up 33 pips on the day to 1.1801.[...]
  2017-10-18 19:47:09

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  Catalan leader says he would declare independence if Spain suspends autonomy - report

  The drama in Spain continues Reuters is reporting, citing a Catalan government source, that he would formally declare independence if Spain suspends regional autonomy. Copyright[...]
  2017-10-18 19:47:09

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  Looks like Visco's days at the ECB and Bank of Italy are numbered

  Bank of Italy Governor unpopular with the ruling majority Italy's ruling majority is considering presenting a motion to parliament to ask that Visco's mandate not[...]
  2017-10-18 19:39:11

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  Fed's Kaplan: Keeping open mind about rate hikes

  Comments from the Dallas Fed President - Looking for evidence inflation headed to 2% in medium term - Inflation progress would make hike appropriate -[...]
  2017-10-18 19:39:11

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  Trump likely to announce Fed pick before early-November trip

  Trump headed to Asia Nov 3 Candidates on the shortlist, according to the report from Reuters: - Cohn - Yellen - Powell - Taylor -[...]
  2017-10-18 19:39:11

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  The dean of Fedwatchers weighs in on the next chair

  Steve Beckner on the next Federal Reserve Chairman This Fed appointment reminds Steve Beckner of the one back in 1983. Beckner has been watching the Fed for more[...]
  2017-10-18 19:39:11

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  Fed's Harker sees 'very little slack' left in jobs market

  Harker in Scranton, PA - Labor force participation rate likely to drop a couple tenths of a percentage point over time Since Harker is in[...]
  2017-10-18 19:39:11

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