• Canadian Foreign Minister: We hope to achieve the best for NAFTA agreement and plan for the worst

    18 Oct 2017 12:52 PM |

    The Canadian Foreign Minister, Chrystia Freeland, spoke about the NAFTA talks as follows:

    • It is important to recognize that there are significant differences between NAFTA partners.
    • The good news is to give the negotiators a longer time between rounds, as the US side suggested extending the timetable for negotiations.

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  • Draghi sees an opportunity for economic reforms

    18 Oct 2017 11:05 AM |

    Mario Draghi, Governor of the European Central Bank, made the following statement:

    • The easing monetary policy allows the euro zone governments an opportunity to enact reforms to boost growth once interest rates are raised.

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  • Germany's Constitutional Court rejects appeal against ECB asset purchase program

    18 Oct 2017 10:41 AM |

    The German Constitutional Court on Wednesday rejected a request for a court order to stop the Bundesbank from participating in the European Central Bank's € 2.3 trillion asset purchase program, ($ 2.7 trillion).

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  • Highlights of the RBA meeting minutes

    17 Oct 2017 11:10 AM |

    Following are the highlights of the Reserve Bank of Australia's meeting minutes on October 3

    • Aussie's rise is due to the decline of its US rival.
    • The rise in the currency exchange rate has had negative repercussions on inflation and economic growth.

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  • New Zealand First Party leader has not yet decided

    17 Oct 2017 10:59 AM |

    Winston Peters, New Zealand first leader, made the following statement:

    • No decision has yet been taken on either side's support.
    • There is a serious consensus on policy work but not on final outcome.

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  • Moody's: Negative outlook for Italian banks reflects continued fragility of their balance sheets

    17 Oct 2017 10:42 AM |

    Moody's credit rating on Italian banks was as follows:

    • The negative outlook of Italian banks reflects the continued fragility of their balance sheets.

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  • Catalonia leader announces he's ready for dialogue with Spanish government

    16 Oct 2017 12:54 PM |

    Carlos Puigdemont addressed the Spanish government and said he was willing to talk about secession from Spain in the next two months but was ready to meet with Mariano Rajoy for the time being, asking him to drop the court proceedings against the Catalan police chief.

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  • PBOC governor expects the economy to grow by 7% in the second half of the year

    16 Oct 2017 11:58 AM |

    The Governor of the People's Bank of China made a number of statements, the most prominent being the following:

    • There are signs of strong Chinese economy and stable growth during 2017.
    • The economy is expected to continue to rally growth momentum in the second half of this year.

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