International News
Central Bank of Russia opens door to rate cut as soon as 2019
Rate-setters in Moscow lowered their forecast for consumer price inflation and opened the door to a cut in official interest as soon as 2019.
US open: Wall Street flops as investors keep yanking funds from stocks
Trading on Wall Street has gotten off to a volatile start with weak German manufacturing figures sparking worries about global growth, sending traders scurrying for the relative safety of the fixed income space, although some strategists continued to see gains ahead.
US manufacturing activity drops to 21-month low
Activity in the US manufacturing sector hit a 21-month low in March, according to preliminary data released on Friday.
US existing home sales jump back in February, NAR says
Second hand sales of homes in the States rebounded sharply last month, bolstered by lower mortgage rates, growing incomes and improved consumer confidence.
German manufacturing sector weakens more than expected
Germany’s manufacturing output has shrunk to the lowest level for more than six and a half year, industry data showed on Friday.
Asia report: Markets eke out gains as Fed reaction continues
Markets in Asia posted underwhelming gains on Friday, after a choppy session in which investors were still trying to make sense of a more dovish Fed in the US, along with a fresh slew of data.