Markets

Pound faces another bout of volatility with UK election

The currency has been buffeted by narrowing opinion polls in recent weeks and over the weekend a Survation poll for The Mail on Sunday showed that the Conservatives' lead over Labour had been cut to just one point. "Should this be the case, it would support the need for monetary policy to remain very accommodating and either delay tapering or at least slow the pace of it", said Oanda's senior... [Full Article...]

UAE bans sympathy for Qatar with jail threat

Finally, he said , there's "Al Jazeera and other Qatari-funded media , which is just an irritant to these governments because they see Al Jazeera as the platform through which opposition members talk to their own publics". Trump, during the phone call , said that a United Gulf Cooperation Council is critical to defeat terrorism and promote regional stability , the White House added. [Full Article...]

Qatar LNG Not Affected by Arab States Tension -Exxon

While there is little Nepal can do to resolve the diplomatic crisis in the Gulf, what it can certainly do is help its citizens in the region deal with the uncertainty engendered by the crisis . A senior White House official said Trump's tweets did not indicate any change in policy or new information. Qatar's leader, Sheikh Tamim bin Hamad Al-Thani, spoke by telephone overnight with his counterp... [Full Article...]

Moscow says 'zero' proof Russian hackers involved in Qatar crisis

Moscow says 'zero' proof Russian hackers involved in Qatar crisis Russian hackers, who played such a prominent part last year in the USA election and this year in the French presidential race, may have helped blow up relations between Qatar and its neighbors in the Arab world. The US said it will seek to defuse a growing rift between its energy-rich Gulf allies after Saudi Arabia led a drive to isolate Qatar by cutting off air and sea transport and closing the... [Full Article...]

UAE closes down Qatar Airways offices in the country

Gargash said the scope of Qatar's sheltering of extremists has widened since 2014, when concern was largely focussed on Sheikh Youssef al-Qaradawi, a senior Egyptian cleric viewed as the spiritual leader of the Muslim Brotherhood . Foreign Minister Sheikh Mohammed bin Abdulrahman al-Thani told Qatar-based Al Jazeera TV that Qatar would not retaliate, hoping Kuwait would help resolve the dispu... [Full Article...]

US unlikely to mediate Qatar diplomatic crisis

A State Department official says the US believes it is most effective for countries in the region to resolve the conflict among themselves. Depending on who is talking, Qatar's critics hate the light the network casts on their oppression, or are sick and exhausted of what they see as its agenda-driven "fake news". [Full Article...]

Japan ruling party heavyweight to visit South Korea June 10-13

Security Council resolutions, says the programme is necessary to counter USA aggression. The missile was believed to be a Scud-class ballistic missile and flew about 450 km (280 miles), South Korean officials said. "Slowing down the deployment will also allow South Korea and China to rebuild their relations and potentially give Beijing the opportunity to lift the punitive economic sanctions it... [Full Article...]

Public works projects on Trump's agenda for OH visit

The setting was the Ohio River separating that state from Kentucky, with barges carrying West Virginia coal moored within the camera shot. Though Republicans might not agree with their Democratic counterparts on that point, some also took to social media Monday to criticize the president's plan. [Full Article...]

German Industrial Output Recovers In April

Energy production advanced 5.7 percent in April and that in construction decreased 0.1 percent. The statisticians also issued a revised figure for March, showing a fall in industrial output of just 0.1 percent - an improvement on the 0.4 percent previously reported. [Full Article...]

American Midstream Partners LP (AMID) Downgraded by ValuEngine

RBC Capital Markets maintained EQT Midstream Partners LP (NYSE: EQM ) rating on Friday, October 23. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. EQT Midstream Partners's dividend payout ratio is 65.38%. The Chickasaw Capital Management Llc holds 4.76 million shares with $147.10 million value, down from 4.83M last quarter. [Full Article...]

Comey confirms Trump demanded loyalty, other reports

In his statement, Comey variously describes feeling uncomfortable and frustrated by Trump's comments, which he considered inappropriate. Now, it is certainly possible that in response to a question that Comey unleashes an extremely memorable and compelling indictment of Trump which really cuts through the media clutter and makes it clear to the tiny portion of open-minded people what is real... [Full Article...]

UK: Johnson rules out cancelling Trump's state visit

The criticism came two days after Trump tweeted criticism of the Muslim mayor, who had told Londoners not to be alarmed by an increased police presence on London streets following the attack. This is not the first time Khan, the first Muslim mayor of a major Western capital city, has called for Trump's state visit to be banned . As Khan said he had "better things to do" than respond ,... [Full Article...]

Jordan downgrades ties with Qatar amid escalating split in Arab world

While he has even held out hopes that a communal effort could pave the way for Israeli-Arab rapprochement, the Qatar crisis serves as a reminder of the region's many fault lines that challenge US diplomacy. "We appreciate the role that they are playing in trying to de-escalate it". He appeared to take a more measured tone during a call with Saudi Arabia's King Salman. [Full Article...]

Washington on edge ahead of Comey testimony on Trump, Russia probe

Rogers also refused to answer Warner's questions about his conversations with Trump about the Russian Federation investigation. But Rogers said he had never been directed to do anything illegal, immoral or inappropriate during his time as NSA director while Coats said he had never felt pressured to intervene in the shaping of intelligence. [Full Article...]

General Election 2017: Millions of voters head to the polls

The Conservatives now hold 330 seats, while the Labour Party has 229 seats. Prime Minister Theresa May was riding high when she called a snap election on April 18, having kicked off Brexit proceedings and boasting a double-digit lead over the rival Labour party. [Full Article...]

Police foil new terror plot as they arrest three people planning attack

Police foil new terror plot as they arrest three people planning attack According to a statement by the Metropolitan Police , Khuram Shazad Butt , was a Pakistani born British citizen, while Rachid Redouane was of Moroccan and Libyan descent. ISIS has claimed responsibility for the attack that left seven dead and dozens injured. The Islamic gym where one of the London Bridge attackers trained says they saw nothing of concern during his time there. [Full Article...]

Reiterates Neutral Rating for AstraZeneca plc (AZN)

Lloyds Tsb Group PLC (NYSE:LYG) was lowered by expert analysts at KBW from their past "Mkt Perform" rating to a "Underperform" rating in analysts note published on Wednesday morning. Fuller & Thaler Asset Inc has invested 0.02% in Telenav Inc (NASDAQ:TNAV). Since February 9, 2017, it had 0 buys, and 3 insider sales for $1.16 million activity. [Full Article...]

United Kingdom election: the final polls

The terrorist outrages in Manchester and London , which killed 30, twice brought election campaigning to a halt. AFTER dismal poll results at the start of the campaign, Labour could now be set for its best result in Wales in 16 years in tomorrow's General Election, a new survey has predicted. [Full Article...]

RBI keeps repo rate unchanged at 6.25 pct

RBI keeps repo rate unchanged at 6.25 pct It has however slashed the Statutory Liquidity Ratio (SLR) or the percentage of deposits that banks have to park in government securities, by 0.5 per cent to 20.5 per cent, a move that would result increased lending by banks. "At the current juncture, global political and financial risks materialising into imported inflation and the disbursement of allowances under the 7th central pay commissi... [Full Article...]

Pakistan Restricts South Africa to 219-8 at Champions Trophy

Pakistan Restricts South Africa to 219-8 at Champions Trophy The largely unforced errors that accounted for Hashim Amla, Quinton de Kock and AB de Villiers , turned a tidy start from Pakistan's bowlers into a sensational one, the first ball duck suffered by de Villiers, who sliced a loose drive off Imad Wasim's left-arm spin to backward point, the first of his worldwide career. [Full Article...]


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