EghtesadOnline: Treasuries dropped across the curve after pro-Europe centrist Emmanuel Macron won the first round of France’s presidential election, easing demand for safer assets.
EghtesadOnline: Gold sank the most in more than seven weeks as investors returned to riskier assets on speculation pro-growth centrist Emmanuel Macron will become France’s next president after the first round of voting, potentially removing a threat to the euro zone from one of the region’s top economies.
EghtesadOnline: A notable decline in liquidity growth is a reassuring sign that Iran will be able to anchor its inflation in the single digits, the governor of the Central Bank of Iran said.
EghtesdaOnline: Donald Trump’s America First doesn’t necessarily leave the global economy last. After three months of agonizing by policy makers over what the U.S. president’s combative policy stance would mean for trade and economic stability in the rest of the world, Treasury Secretary Steven Mnuchin is now sending a reassuring message to his counterparts: What works for us can help you too.
EghtesadOnline: It may have fallen out of political favor, but a world without migration looks bleak for advanced economies.
EghtesadOnline: U.S. President Donald Trump ordered the Treasury Department on Friday to examine two powers given to regulators to police large financial companies following the 2008 financial crisis, Treasury Secretary Steven Mnuchin said.
EghtesadOnline: Forget about French elections or the flagging Trump trade. Corporate America is set to unleash its biggest profit-reporting fest in at least a decade next week, with more than 190 members of the S&P 500 index delivering quarterly scorecards, according to S&P Dow Jones Indices data.
EghtesadOnline: Treasury Secretary Steven Mnuchin said overhauling the mortgage-finance system is “very important” to President Donald Trump’s administration and that officials are working with congressional leaders and other regulators to figure out what to do with mortgage-finance giants Fannie Mae and Freddie Mac.
EghtesadOnline: China and the European Union should promote a "positive signal" of economic globalization and free and fair trade, Premier Li Keqiang told the EU's top diplomat Federica Mogherini.
EghtesadOnline: Asian stocks fell as losses in Chinese equities deepened, following weakness in the U.S. amid worse-than-expected corporate earnings. The pound held gains triggered by the surprise news of a U.K. election.