Here are the big questions for markets and investors as a new trading week beckons. Does a measured Fed risk being left behind by inflation?After a barrage of central bank meetings, Brexit angst and the first major European election for the year, market volatility across bonds and equities remains quiescent. Having been primed for a more aggressive Federal Reserve and wary of polls being wrong ahead of […]
Stuart and Carole Hockley voted for Britain to leave the EU, along with 68 per cent of the population of Rotherham. But in February they returned to the polls to help the Liberal Democrats to an unexpected victory for the anti-Brexit party in a council by-election. Mrs Hockley, 73, and a retired nurse, says she still believes in Brexit — but that her area has been neglected […]
Despite the surge in interest and sales of modern data discovery tools like SAP BusinessObjects Lumira and SAP BusinessObjects Cloud, corporations are still really, really interested in reporting. At the recent Gartner Data & Analytics event in Texas, Cindi Howson showed that descriptive analytics remains by far the most common type of analysis that companies do in the real world. Last year, Gartner redefined the BI and […]
Given the collapse of European VIX to record lows, one could be forgiven for thinking that there’s nothing to worry about. However, a one point jump in first-round support for French far-right presidential candidate Marine Le Pen has sparked a notable drop in EURUSD this morning. #presitrack 17/03 MLP 28% (+1)EM 25% (=)FF 20% (+1)BH 12% (-1)JLM 11% (-1)@LesEchos@ORPI_France@radioclassique https://t.co/BSF2m8vxkw pic.twitter.com/icAEaopK7I — OpinionWay (@opinionway) March 17, 2017 […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. Nate Silver’s “March Madness” analysis is out and, knock on hardwood, he’s not picking Hillary Clinton. I know, I know. Cheap (jump) shot. It’s that time of year when FiveThirtyEight, the ESPN-owned politics and sports data site founded by Silver, […]
It is fitting that just a few hours until the Fed’s second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the […]
By Philip Blenkinsop | AMSTERDAM AMSTERDAM The Dutch began voting on Wednesday in an election seen as a test of anti-immigrant and nationalist feeling, magnified in the last few days by a spat with Turkey, and as one of three polls this year that will gauge the strength of the ties that bind the European Union together. The centre-right VVD party of Prime Minister Mark Rutte, 50, […]
Dutch voters head to the polls on Wednesday after Mark Rutte, prime minister, and rivals clashed over refugees, immigration and the economy in the last televised debate following an extraordinarily tight race. After a campaign that was interrupted by a diplomatic spat with Turkey, by fears of foreign interference and by a row over the security of populist Geert Wilders, the vote is set to be extremely […]
By Simon Carraud and Brian Love | PARIS PARIS Francois Fillon’s troubled election campaign suffered yet another blow on Tuesday when magistrates put him under formal investigation on suspicion of embezzling state funds, a first for a presidential candidate in France. Election graphic – here With less than six weeks to go until the first round of voting, Fillon has been unable to draw a line under […]
Turkey’s president escalated his diplomatic row with the Netherlands on Tuesday, claiming the country had a “rotten character” and blamed Dutch troops for the worst massacre in Europe since the second world war. The remarks by Recep Tayyip Erdogan come less than 24 hours before Dutch voters go to the polls in a national election that has been coloured by a heated debate about the role of […]
EDINBURGH Scottish First Minister Nicola Sturgeon has demanded a new independence referendum be held in late 2018 or early 2019, once the terms of Britain’s exit from the European Union have become clearer. To do so, she needs authorisation from Britain’s parliament, which is sovereign. The Brexit referendum last June called the future of the United Kingdom into question because majorities in England and Wales voted to […]
Nicola Sturgeon has called for a second Scottish independence referendum to be held by spring 2019, throwing the constitutional future of the UK into question just as it begins the process of leaving the EU. In a speech at her official residence in Edinburgh, the first minister accused Theresa May of having “not moved an inch” in response to calls for a special deal on Brexit for […]
SEOUL Ousted South Korean leader Park Geun-hye faced criticism on Monday over a defiant vow that the truth of her impeachment would be revealed, with the main opposition party urging prosecutors to investigate her quickly. The Constitutional Court dismissed Park from office on Friday when it upheld a parliamentary impeachment vote over an influence-peddling scandal that has shaken the political and business elite. Park has denied any […]
By Suyeong Lee and Hyunjoo Jin | SEOUL SEOUL The South Korean politician likely to emerge as the next president promised justice and common sense on Sunday as workers renovated the home of ousted leader Park Geun-hye to prepare for her departure from the presidential Blue House. The Constitutional Court ruled on Friday to uphold a parliamentary vote to impeach Park, dismissing her from office over an […]
Indian Prime Minister Narendra Modi has led his Bharatiya Janata Party to a landslide victory in state elections in the bellwether state of Uttar Pradesh, an affirmation of his enduring popularity midway through his term. The Hindu nationalist BJP won 324 of 403 state assembly seats in India’s most populous state, a magnitude of victory not seen in state polls there since 1980. The decisive mandate in a […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. British reporter Iona Craig went to the al Ghayil, the Yemeni town stormed by Navy SEALs in the raid that President Trump says was a great success even as it claimed the life of the operator whose widow was honored […]
PARIS France’s far-left presidential candidate Jean-Luc Melenchon said on Saturday he had secured the 500 endorsements from elected officials needed in order to run in the election. “We have our 500 sponsors!” Melenchon tweeted. The European parliamentarian, whose “Indomitable France” grouping is backed by the country’s Communist party, had reached 432 signed endorsements from lawmakers and mayors on Friday, according to France’s constitutional court. Former Economy Minister […]
March 11, 2017 by: Mehul Srivastava in Istanbul and Duncan Robinson in Brussels Turkish President Recep Tayyip Erdogan has accused the Dutch authorities of being “fascists” after they blocked a flight carrying his foreign minister from travelling to Rotterdam. He also threatened to stop flights to Turkey from the Netherlands. Mevlut Cavusoglu had been due to address a Turkish rally as part of a campaign to win […]
SEOUL Opponents of South Korea’s ousted leader, Park Geun-hye, demanded on Saturday that she be arrested a day after she was thrown out of office over a corruption scandal involving the country’s conglomerates. Park’s critics said they would rally in central Seoul, where they have been gathering every weekend for months, while the former president’s conservative supporters also planned protests, raising the risk of confrontation. The Constitutional […]
By Leigh Thomas and Sudip Kar-Gupta | PARIS PARIS Centrist Emmanuel Macron saw his position as favourite to win France’s presidential election boosted on Thursday in two polls, with one showing him ahead of far-right leader Marine Le Pen in the first round of the two-stage contest. A monthly Cevipof survey, considered the most authoritative because it has a far bigger sample size than most polls, put […]
|By Matein Khalid| Janet Yellen confirmed the Wall Street consensus that the Federal Reserve will raise its overnight borrowing (Fed Funds) rate at the March FOMC. Wage growth, inflation, crude oil, asset prices, economic data momentum and Trump’s fiscal stimulus all reinforce the dual mandate logic of a rate hike. Only a really awful February non-farm payroll shock (consensus is 200,000 jobs) will avert a rate hike […]
By Sophie Louet and Claude Canellas | PARIS/BORDEAUX PARIS/BORDEAUX Francois Fillon fought off a rebellion that had threatened to end his candidacy for the French presidency on Monday as party leaders swung behind the centre-right former prime minister despite allegations that he had misused public funds. Hours after party heavyweight Alain Juppe ruled out challenging Fillon, the conservative Republicans’ party leadership unanimously backed their beleaguered candidate, Senate […]
March 15 is not only the day when the FOMC is now widely expected to hike rates by another 25 bps, and when the US debt ceiling suspension expires, but just as importantly, is the date of the 2017 Dutch General Election. Here is a full preview of what to expect courtesy of RBC Capital Markets. By way of background, the Netherlands is the euro area’s 5th-largest […]
PARIS Under-fire candidate Francois Fillon has lost support in France’s presidential election campaign, but fellow conservative Alain Juppe would reach the second round should he replace him, an opinion poll said on Sunday. The poll by Kantar Sofres-Onepoint was conducted between March 2 and March 4 as pressure from within Fillon’s own party mounted on him to stand down and for Juppe to take his place. It […]
