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Top News In இருப்பு நாற்காலி போவல் Today - Breaking & Trending Today

REUTERS NEWS SCHEDULE AT 10:00 p.m. GMT/06:00 a.m. SGT

Here are the top stories and upcoming coverage plans for Reuters text service as of 10:00 p.m. GMT/06:00 a.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning. ....

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Climate Change Focus Of Tomorrow's FSOC Meeting; Top Biden Administration Policy - Finance and Banking

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Tomorrow, Treasury Secretary Janet Yellen will lead a meeting of the Financial Stability
Oversight Council (FSOC). The preliminary agenda for the open
session includes climate change and its potential impacts on
financial stability.
Appearing before Congress last week, Secretary Yellen stressed
the importance of FSOC and its unique role in coordinating
responses to issues like climate change. She specifically noted
that climate change is a top priority of the Biden
[a]dministration and FSOC can play a role in arranging
discussions among financial regulators all of whom have ....

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What Comes Next?

Long Term Downtrend in GDP
By definition a recession occurs when GDP declines in two consecutive quarters, which is one of the reasons why all recessions are not created equal. In 1970 and 1974 GDP contracted by a modest -0.32% and -0.54%, minor hick-ups compared to the 1982 decline of -1.80%. The 1990 recession was shallow as GDP only fell by -0.11%. In 2001 GDP actually rose by +1.00% but during the year there were two consecutive quarters in which GDP was lower so it was technically ruled a recession. In 2009 GDP shrank by -2.54%, which was the largest annual decline since the post World War II plunge of -11.6% in 1946. ....

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S&P 500 Futures portray cautious optimism ahead of the Fed

Apr 28, 2021 04:16 GMTFXStreet News
S&P 500 Futures stay mildly bid near record top.
Chatters over US President Biden’s stimulus, vaccines entertain traders.
Fed Chair Jerome Powell’s defensive play will be the key.
S&P 500 Futures pick-up bids around 4,185, up 0.11% intraday, during early Wednesday. The risk barometer refreshed the record top before marking the first negative closing in three days on Tuesday.
While the hopes of further stimulus from the world’s largest economy, the US, seem to favor the markets optimists of late, uneven updates on the coronavirus (COVID-19) and vaccine developments test the bulls. Also contributing to the less active markets could be the cautious sentiment ahead of the Federal Open Market Committee (FOMC) meeting, up for announcement during late US session in the day. ....

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USD/JPY Weekly Forecast: Fed fails to dim dollar prospects

As corrections go this was modest and hardly unexpected. After finishing at a 12-month high last Wednesday at 110.71 and nearly matching it on Monday ....

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