Today's press
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Germany's CDU and SPD reach coalition deal
Angela Merkel’s Christian Democratic Union has agreed on the terms of a coalition deal with the centre-left Social Democrats following marathon talks in Berlin, German media has reported.
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Bitcoin Up Over 20% as Crypto Markets Regain Poise
Cryptocurrencies are trading in the green today after a tumultuous seven days.
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Fed's Kaplan says market correction healthy, sees no economic impact
FRANKFURT (Reuters) - The recent selloff on the stock markets is a “healthy” correction from high valuations, Dallas Fed President Robert S Kaplan said in Frankfurt on Wednesday, adding he did not think it would have repercussions on the economy.
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Forex - Aussie, Kiwi Move Lower in Cautious Trade; Eyes on RBNZ
Investing.com - The Australian and New Zealand dollars moved lower against their U.S. counterpart on Wednesday, as investors remained cautious following a nearly three-day rout in global equities and eyed the Reserve Bank of New Zealand's upcoming policy statement.
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Sterling slips before cbank meeting, rate view key
LONDON (Reuters) - Sterling edged lower on Wednesday, heading back towards a 2-1/2 week low hit in the previous session as a central bank meeting on Thursday kept investors wary of adding positions aggressively amid a broad dollar bounce.
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Naira may depreciate to 386/dollar in H2 —PwC
The naira may depreciate against the United States dollar at the Investors and Exporters Window to 386 from the current average of 360, PricewaterhouseCoopers has said.
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Crypto Industry Reacts to US Senate Hearing Remarks
Bullish. "A sigh of relief." These were just some of the comments that came from industry observers in the wake of a hearing held Tuesday by the U.S. Senate Committee on Banking, Housing and Urban Affairs, one that addressed the question of how lawmakers should consider cryptocurrency regulation.
Next trading day's important events
- 12:00 (GMT 3) AU - RBA's Governor Philip Lowe Speech
- 15:00 (GMT 3) UK - BoE Interest Rate Decision
Forex quotes:
- USDJPY: 109.27
- EURUSD: 1.2321
Indices:
- S&P 500: 2714.06
- NASDAQ: 7133.53