Thursday, Apr 25, 2024

International Finance

Tag : presidential

Banking Finance

Mortgage rates rise after Trump victory

International Finance Desk
by International Finance Desk
The benchmark 15-year fixed-rate mortgage rose to 2.97 percent from 2.96 percent IFM Correspondent November 14, 2016: Mortgage rates have quickly surged ever since Trump was declared the victor of the US presidential election. Rates modestly changed, with the benchmark 30-year fixed mortgage rate rising to 3.73 percent, according to Bankrate.com’s weekly national survey. After...
Read more
Banking Finance

Now, all eyes on Trump’s team

International Finance Desk
by International Finance Desk
Stock markets buoyed by expectations that global central banks will keep monetary policy loose IFM Correspondent November 14, 2016: Investors endured a rocky day of trading after the shock election of Donald Trump as the next US president sparked a bout of unusual volatility that rocked financial markets around the world. Shares and bonds whipsawed...
Read more
Economy

Employment grows in the US

International Finance Desk
by International Finance Desk
Businesses added 175,000 jobs to the US economy in October IFM Correspondent November 4, 2016: US employers hired more workers in October and also hiked the wages of existing workers. Businesses added 175,000 jobs to the US economy in October and 156,000 jobs in September, while the unemployment rate ticked up to 5%. “The expected...
Read more
Economy

US Fed hints at rate hike

International Finance Desk
by International Finance Desk
Will wait ‘for some further evidence of continued progress toward its objectives’ IFM Correspondent November 3, 2016: The Federal Reserve on November 2 hinted at hiking interest rates in December. For now, officials voted to keep rates unchanged following a meeting in Washington. They emphasised that the pace of rate hikes will depend on evolution...
Read more
Economy

US stocks fall on hint of Trump win

International Finance Desk
by International Finance Desk
ABC/Washington Post poll on presidential race gave one point lead to the Republican candidate IFM Correspondent November 3, 2016: US stocks fell to the lowest since July amidst the uncertainty surrounding the presidential election after one poll suggested Donald Trump could win. The latest ABC/Washington Post poll shows US presidential candidates Hillary Clinton and Donald...
Read more
Business Leaders

Clinton accuses Russia of interference in US presidential election

International Finance Desk
by International Finance Desk
Says President Vladimir Putin sees Trump victory as an advantage IFM Correspondent September 6, 2016: Presidential nominee Hillary Clinton has accused Russia of interfering with the US elections. “It is almost unthinkable”, Clinton said referring to reports of Russia’s alleged involvement in US elections citing the hacking of Democratic National Committee’s emails. “We’ve never had...
Read more
Business Leaders

Nigel Farage urges US to vote for Trump

International Finance Desk
by International Finance Desk
Says will not vote for Clinton even if he gets paid for it IFM Correspondent August 25, 2016: Outgoing UKIP (UK Independence Party) leader Nigel Farage urged Republicans to “get your walking boots on” and drum up support for Republican presidential nominee Donald Trump. Farage addressed around 15,000 activists in Mississippi and said the party...
Read more
Business Leaders

Uruguay’s presidential election goes to run-off

International Finance Desk
by International Finance Desk
abare Vazquez of the leftish Broad Front and Lacalle Pou from the conservative National Party won the first round Kamilia Lahrichi Oct 27,2014: The two contenders who won Uruguay’s first round of the presidential election on October 26 will not bring about any radical economic change for this small country wedged between two regional heavyweights –...
Read more
Business Leaders

Bolivia’s Evo Morales wins a third consecutive term

International Finance Desk
by International Finance Desk
Left-leaning president, an Aymara Indian and a former coca farmer, becomes the longest serving leader and incumbent head of state in the Andean country Kamilia Lahrichi October 17,2014:Since his first election in 2005, Evo Morales has propelled economic growth in what was once one of the worst performing economies in Latin America, and enacted redistributive...
Read more