Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo, Japan July 5, 2019. REUTERS/Issei Kato
Wall Street climbed late in the session following a CNBC report, citing sources, that the White House was considering a tax incentive for Americans to buy stocks.
The European planemaker said it would continue discussions with its U.S. customers to “mitigate effects of tariffs insofar as possible” and hoped the U.S. Trade Representative’s office would change its position.
Gold prices hit their highest in seven years as investors sought safe-haven assets after a rise in the number of new coronavirus cases in South Korea. Oil prices rose, supported by China’s efforts to bolster its virus-weakened economy.
The IMF has said its team will stay until Feb. 23 to provide broad technical advice. Lebanon has not requested financial assistance from the Fund as it draws up a plan to confront the crisis.
“Some participants expressed the concern that financial imbalances – including overvaluation and excessive indebtedness – could amplify an adverse shock to the economy, that the current conditions of low interest rates and labor market tightness could increase risks to financial stability.”
The proposal, which received a warm reception from policymakers, explained how the Fed could gradually reduce interventions in the market for repurchase agreements, or repo, and slow its balance sheet expansion.
China is widely expected to cut its benchmark lending rate on Thursday, according to a survey of traders and analysts, after the country’s central bank lowered the interest rate on medium-term loans earlier this week.
The 19-country euro zone has for years stuck to a broadly neutral fiscal policy in its annual recommendations, despite repeated calls from the European Central Bank and slow-growth states for it to invest more.
Both the pan-European STOXX 600 index and Germany’s DAX reached record highs before paring some gains. [.EU] The MSCI All-Country World Index, which tracks shares across 47 countries, was flat on the day.
BRUSSELS (Reuters) – The European Union will decide by the end of the year whether…
FILE PHOTO: A Lebanese Middle East Airlines (MEA) Airbus A320-200 plane flies over Beirut, Lebanon January 12, 2017. REUTERS/Mohamed Azakir/File Photo