Euro Surges to Highest Since January 2015 After Draghi Speech
Euro Surges to Highest Since January 2015 After Draghi Speech
Jackson Hole Meeting Risks Fueling Euro, Aussie Rallies
28 Agosto, 2017, 09:56
Ms Yellen did not in her speech suggest that she has immediate worries about the stability of the financial sector today, despite warning signals sent up by Fed officials about surging asset values.
Yellen noted that, a decade ago, the USA financial system was "a unsafe place" - citing a peak in the price of housing and strains caused by the subprime mortgage market, which led to the deterioration of money markets and the imposition of new regulations on banks.
USA stock index futures were higher on Friday as investors await Fed Chair Janet Yellen's speech at the central bankers' symposium in Jackson Hole, Wyoming, for clues regarding the future path of monetary tightening. Not only this, but Mr Draghi also failed to make any comments about the strength of the euro, which was taken as a green light to push it higher, reaching its highest levels since January 2015 and just below 1.20 by Friday's close.
At the annual Economic Policy Symposium in Jackson Hole on Friday, Yellen said that the financial system is safer now than it was during the 2008 financial crisis, though some adjustments may be needed to regulations.
"There was a risk that Yellen would've said something", Chandler said.
In his speech, Draghi did not address the financial health of the eurozone, which includes the 19 nations that share the euro currency. Germany's DAX was 0.4 percent higher at 12,223. The greenback, as measured by the ICE U.S. Dollar Index DXY, -0.72% traded near its weakest level of 2017.
More than €2 trillion (RM10.1 trillion) of debt purchases later, policy makers are poised to discuss when and how the programme will continue next year, and whether buying can be wound down.
"You are starting to see stocks hang in there only because everybody is searching for yield", Kinahan said. The Fed has hiked interest rates twice this year, but she has been cautious about the central bank's path to normalisation.
Britain's FTSE 100 fell 0.08 per cent to 7,401.46 points as sterling rose towards the end of the session, but the blue chips still posted a 1.1 per cent gain.
December Comex Gold settled the week at $1297.90, up $6.30 or +0.49%. The antipodean currencies gained as well with the kiwi up at $0.7242 and the aussie recording a 0.51% gain to last trade at $0.7938.
USA stock futures were holding steady on Friday.
On Friday, the USA will deliver its latest report on Non-Farm Payrolls.
Oil prices rose as the dollar fell and as the USA petroleum industry braced for Hurricane Harvey, which could become the biggest storm to hit the US mainland in more than a decade.
ENERGY: Benchmark U.S. crude rose 31 cents to $47.74 a barrel, while Brent crude, the worldwide standard, firmed 45 cents to $52.11 a barrel.
TORINO-SASSUOLO , PAGELLE- Il match delle ore 18 .00 tra Torino e Sassuolo termina per 3 a 1 in favore dei granata. La squadra di Mihajlovic dunque trova la prima vittoria in campionato e si porta a 4 punti.
This memo also puts a stop on funds which are used for sex-reassignment surgery for the people who are active. Meanwhile, he left the decision of retain or not to retain the present active transgender personnel.
That hasn't impressed party activists here like Billie Bollwinkel. "I think he could govern in a way that he wouldn't". It all comes a week after a Trump tweet called Flake "toxic" and praised his Republican challenger, Kelli Ward.
The warning about a possible USA downgrade seemed less dire and narrower in scope than one issued on Wednesday by Fitch Ratings. Trump characterizes his Twitter behavior as a way to "get the honest and unfiltered message out".
Tensions escalated in August between Washington and Pyongyang over North Korea's rapidly advancing nuclear and missiles programs. North Korea launched three short range missiles Saturday from a multiple-tube rocket launcher, according to the New York Times .
On Saturday night, however, he will be without his top two targets as Evans and Jackson will sit out as a precautionary measure. When you have a player in Jameis Winston that is a dark horse MVP candidate , these expectations come with the territory.
Rookie Zane Gonzalez kicked a 39-yard field goal in the third quarter to finish a 68-yard drive with Kizer at quarterback. I think we have been more in the gun than probably anything lately, but we have a variety of different things we do.
Sadio Mane has had a hand in five goals in his five previous Premier League starts against Arsenal (three goals and two assists). It means he averages a goal every 109 minutes, with Mane's goals coming every 199 minutes over the same period.
Are we still hung up over that stunner against Borussia Dortmund during the Europa League quarter final past year ? The Reds have been sensational in attack, with their dismantling of Hoffenheim in the Champions League a highlight.
Could the Night's King make his most powerful move yet?Could the Night's King make his most powerful move yet? "And it is here". Bran is taken back to their wedding where they're exchanging their vows and Robert's Rebellion was all built on a lie.
As per usual, Buster Skrine was beaten on a number of big plays but will likely start the season as the team's top nickel corner. Maybe Josh McCown didn't lock up the New York Jets' starting quarterback job in absentia last Saturday after all.
They were very quiet today. "We played very well", Mourinho , whose side are yet to concede a league goal, said to BT Sport . The breakthrough came when Mkhitaryan's corner found Rashford with pin-point accuracy and he volleyed home from 10 yards.
PGA Northern Trust: Jordan Spieth holds three-shot lead
Spieth's tee shot on the next hole banged off the rock wall and into the water on the par-3 sixth, and he made double bogey. I had one bad putting day and one very average day. "Pretty much just continuing the momentum from the last couple days".
PCI Condemns Violence Against Media In Panchkula
Haryana Deputy Attorney General has been sacked following videos emerged showing him carrying the luggage of Gurmeet Ram Rahim . The court said the Khattar government had "surrendered" before the followers of the dera head for "political considerations".
Why Trump's Wall Is Not Going to Happen
Democrats are uniformly opposed to Trump's wall and say any blame for a shutdown would rest exclusively with Republicans . President Trump has redirected his "fire and fury" at North Korea towards Congress , and in particular Mitch McConnell .
Phillies rookie Rhys Hoskins continues historic home run pace
His two-run homer in the first last night accounted for the Phils' only runs of the evening as they were demolished by the Cubs . Leiter is the son of former Phillies pitcher Mark Leiter and the nephew of two-time All-Star left-hander Al Leiter.
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Additional volunteers are on standby, if needed, along with three vehicles stocked with disaster relief supplies, he said. The Type 3 task force is half the size of a Type 1 force of 80 personnel that could be requested by FEMA, Webber said.
And Katy Perry Is Hosting
Over the past year, the network has replaced gender-specific categories with gender-neutral names in awards. Cardi B is also appearing during the pre-show broadcast to perform her hit track, "Bodak Yellow".
Arya and Sansa need to be smarter
When Littlefinger appeared peering out from behind a corner at her with a smirk on his face it all seemed too convenient. Ah, but shouldn't Game of Thrones be allowed to develop its characters without having to respond to audience criticism?
Victory in Belgium a 'dream come true' for Hamilton
Vettel could hold the gap but did not look like he could close enough to threaten Hamilton, their lap times nearly identical. So I didn't want to be too far either. "To see so much support for Max is quite phenomenal", Horner said.