JACKSON HOLE, Wyo. (Reuters) - The Federal Reserve’s steady interest rate hikes are the best way to protect the U.S. economic recovery and keep job growth as strong as possible and inflation under control, Fed Chair Jerome Powell said on Friday in a high-profile endorsement of the central bank’s current approach to policy.
LONDON (Reuters) - Britain could force European Union banks operating in London to start holding capital against inventory of riskier EU government bonds in the case of a ‘no-deal’ Brexit.
LONDON (Reuters) - The European Union’s securities watchdog has renewed a ban on the sale of ‘binary’ options to retail customers for a further three months starting Oct. 2, saying there are still concerns about the risks of the products.
European markets got off to a slow start on Friday, after trade talks between the US and China failed to offer up any solution to the brewing tensions between the two economic giants.
Mortgage lending in Britain dropped last month before the Bank of England raised interest rates above the level set since the financial crisis, new banking industry figures show.
Investing.com - Orders for durable goods, which are meant to last at least three years, fell in July, according to data released on Friday.
The probability of a bullish move in bitcoin (BTC) has gone up in the last 24 hours.
Next trading day's important events
- USDJPY: 111.17
- EURUSD: 1.1623
- S&P 500: 2871.40
- NASDAQ: 7937.90