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Long-awaited U.S. Republican legislation calls for deep tax cuts (news: 02/11/17)

Today's press

  • WASHINGTON (Reuters) - President Donald Trump’s drive for the deep tax cuts that he promised as a candidate reached a major milestone on Thursday, with his fellow Republicans in the House of Representatives unveiling long-awaited legislation to overhaul the tax code.

  • Spain’s state prosecutor has asked a judge to issue a European arrest warrant for the deposed Catalan president Carles Puigdemont and four of his former regional ministers after they failed to return from Belgium to testify in court.

  • LONDON (Reuters) - The Bank of England raised interest rates for the first time in more than 10 years on Thursday but sterling fell sharply as the central bank said it expected only “very gradual” further increases over the next three years.

  • The digital currency that JPMorgan Chase & Co (NYSE:JPM).’s Jamie Dimon called a fraud is set to step into the mainstream of finance now that CME Group Inc. (NASDAQ:CME) has announced it will introduce trading in bitcoin futures by the end of the year. The move by the world’s largest exchange owner will up the game for the software-created asset and finally bring it some regulatory cover.

Next trading day's important events

Forex quotes:

  • USDJPY: 113.94
  • EURUSD: 1.1658

Indices:

  • S&P 500: 2575.82
  • NASDAQ: 6707.95

 



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