Market Pulse - Usa
Fed's Harker makes case for one rate hike in 2019 and another in 2020
One of the US central bank's top officials extolled the virtues of patience when setting monetary policy, even as he argued in favour of additional rate hikes - albeit very gradually.
Friday preview: Global factory PMIs, IMI in focus
Barring surprises, the spotlight at the end of the week is expected to be on Caixin's closely-followed factory sector Purchasing Managers' Index for the month of February.
US-China trade deal nearing completion, says Politico
A deal to resolve the long-running trade war between the United States and China is "largely complete", according to a source cited by Politico.
US monetary policy needs to be especially data-dependent now, Fed's Clarida says
The US central bank's second-highest ranking official reiterated the case for patience in judging the Federal Reserve's next moves on interest rates, while highlighting that inflation expectations were near the lower bound of the range which he believed was consistent with policymakers' mandate to pursue stable prices.
Facebook, Google and Twitter must do more in fight against fake news - EC
The European Commission has called on Facebook, Google and Twitter to do more to combat the spread of fake news.
US open: Mixed start to trading following abrupt end to Trump-Kim summit
Wall Street trading began on a mixed note on Thursday after Donald Trump's denuclearisation summit with North Korean leader Kim Jong-un was cut short with no agreement reached.
US Q4 GDP beats forecasts despite government shutdown
The US economic expansion ebbed at the tail-end of 2018, as the pace of inventory accumulation and spending by households and the federal government slowed while state and local governments retrenched, albeit by less than had been anticipated.
Petrofac runs down debt ahead of schedule, but cites near-term uncertainty
Petrofac managed to erase its net debt last year, witht falling revenues and profitability offset by asset sales.
Trump-Kim talks break down over sanctions row
Th Vietnam summit between US President Donald Trump and the North Korean leader Kim Jong-un broke down on Thursday after the latter requested that all sanctions against it be lifted, according to Trump.
China factory PMI slows further in February, most details weak
A widely-followed survey of factory sector conditions in the world's third-largest economy softened further last month.
US close: Markets end lower as Trump and Kim talk denuclearisation
US stocks finished in the red on Wednesday, as investors kept an eye on the summit taking place between Donald Trump and North Korea leader Kim Jong Un.