Worldwide business news with international business, banking, interest rate, stock market, currencies and fund
Reserve Bank of Australia |
Reserve Bank of Australia Board decided to lower the cash rate by 25 basis points to 0.75 per cent.
Reserve Bank of New Zealand |
The Official Cash Rate (OCR) remains at 1.0 percent.
Bank of England |
Our Monetary Policy Committee has voted unanimously to maintain Bank Rate at 0.75%. The committee also voted unanimously to maintain the stock of corporate bond purchases and UK government bond purchases.
lower the target range for the federal funds rate to 1-1/2 to 1-3/4 percent; and maintain the target range at 2 percent to 2-1/4 percent.
National Association of Home Builders/Wells Fargo Housing Market Index – well above expectations and the highest level of the year; but warning signs shows cause by US trade war with China
NBCUniversal |
Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as the country grappled with weekend attacks on the heart of its oil production facilities in Abqaiq and Khurais.
Bank of Canada |
The overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Reserve Bank of Australia |
Reserve Bank of Australia decided to leave the cash rate unchanged at 1.00 per cent
"A growing number of architecture firms are reporting that the ongoing volatility in the trade situation, the stock market, and interest rates are causing some of their clients to proceed more cautiously on current projects,”
the 30-year fixed-rate mortgage rate in the U.S. averaged 3.60 percent in the first week of August 2019, the lowest it has been since November 2016.