Equities Bullish on Chip Sector Gains, Powell Speech & US Payroll Data in Focus
Fed rate cut expectations and chip sector gains underpinned market risk appetite but caution on geopolitical event proceedings kept gains in check.
October 2019
Nikkei Rebound, AUDUSD Higher Ahead of NFP data
Nikkei 225 benchmark in Tokyo ended 0.32% higher at 21,410, recovering from losses yesterday as investors turn their attention to the latest US NFP report.
Attorney General Barr Touts SEC/DOJ Cooperation
US Attorney General William Barr touted the cooperation between the Justice Department and the Securities and Exchange Commission (SEC).
Nikkei Slumps, Gold Regains the 1,500 mark
Nikkei 225 slumps and is trading 2.01% lower after President Trump announced the United States will impose tariffs on $7.5 billion of goods from the EU.
Technological change has not lead to fewer jobs
Technological change has increased global competition in that more jobs can now be performed digitally.
Reserve Bank seeks views on expanded stewardship role for cash system
Cash system participants and the wider public are being asked for their views about the Reserve Bank of New Zealand taking a more active role in the cash system.
Agencies issue final rule to update management interlock rules
The final interlock rules increases both thresholds to $10 billion in total assets, as the agencies proposed previously.
Also filing this week: Rick Steves, Karthik Subramanian and Abdelaziz Fathi.