Business

Treasuries Having Worst Month Since 2009 On Trump Ripple Effect

Treasuries Having Worst Month Since 2009 On Trump Ripple Effect

Well, there is a dark side. If interest rates are about to go up, you don't want your money tied up in something that's not paying a high rate. What should investors do today? . Because of this, the recent correction in bond prices may signal a much longer slump ahead. That level suggests that investors expect USA inflation to run at an annual rate of 1.98% on average over the next 10 years .



Trump Expected to Announce Mnuchin as Treasury Pick

And he selected another veteran Republican, Elaine Chao, a former labor secretary and the wife of Senate Majority Leader Mitch McConnell, to head the Department of Transportation. "This pick makes clear that Donald Trump wants to cater to the same Wall Street executives that have hurt working families time and again". In addition, it would be his job to sell the new administration's economic program to Congress.


OPEC cuts will have a muted effect on consumers

OPEC cuts will have a muted effect on consumers

The Opec agreed its first supply cut in eight years yesterday, after more than two years of depressed oil prices. February Brent crude LCOG7, +1.45% on London's ICE Futures exchange rose $0.70, or 1.4%, to $52.56 a barrel, the highest level in more than a five weeks.



D4T4 Solutions Plc reiterated as Corporate By Finncap

The stock now has an average rating of "Buy" and an average target price of GBX 1,090.50 ($13.53). In the prior 12 months Shaftesbury's stock price has increased by 0% from 0.00 to 921.5. If you are reading this story on another website, it was illegally copied and republished in violation of US and global copyright law. The correct version of this news story can be read at http://sportsperspectives.com/2016/11/29/exova-group-plc-exo-earns-outperform-rating-from-credit-suisse-group-ag/.


Iran welcomes OPEC production cut decision

Iran welcomes OPEC production cut decision

The deal will have to hold together for many months and inventories will have to show it to help oil prices stay above US$50 a barrel with confidence and possibly cross $60 a barrel. Oil prices skyrocketed on his comments and on the news that a deal was within reach. It involves significant reductions by heavyweights including Saudi Arabia, the group's most powerful member and de facto leader of the cartel.



GDP grows at 7.3% in September quarter

Gross fixed capital formation, at constant prices, contracted by 5.6 percent. Fitch has gone further with revising the GDP growth downwards to 7.7 per cent from earlier 8 per cent for 2017-18 & 2018-19. According to DK Srivastava, chief policy advisor, EY India, "The fall in the growth of manufacturing, electricity and services is particularly disappointing".