21/06/2017

Press Review

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07:30 GMT, Wednesday, June 21, 2017

►►► Economy

Forbes ► Paul Ryan Lays Out His Game Plan to Pass Tax Reform This Year House Speaker Paul Ryan today delivered a keynote-style speech on tax reform before the National Association of Manufacturers and later appeared on CNBC. RTT News ► France's GDP Growth To Accelerate In 2017 The French economy is forecast to grow at the strongest pace since 2011, the statistical office Insee said in quarterly report released late Tuesday. Gross domestic product is forecast to expand 1.6 percent this year, the strongest since 2011.

►►► Politics Bloomberg ► Saudi King Names His Son as Heir to Throne in Palace Shakeup Saudi Arabia’s Deputy Crown Prince Mohammed Bin Salman was named to replace his cousin as heir to the throne in a shake-up that consolidates the 31-year-old leader’s power in the world’s biggest oil exporter. Reuters ► Russia, Iran sanctions bill hits roadblock in U.S. House Legislation to impose new sanctions on Russia and Iran that passed the U.S. Senate nearly unanimously last week has run into a procedural problem that could prevent a quick vote in the House of Representatives, lawmakers said on Tuesday.

►►► Opinions Josh Cohen ► How Trump can show he’s tough on anti-Semitism Donald Trump just got another chance to fight charges that he’s soft on anti-Semitism. Let’s hope he took it. The president held talks with Ukrainian President Petro Poroshenko in Washington on Tuesday. Bloomberg ► Europe's Unserious Plan for Greece The deal struck last week between Greece and its eurozone creditors is business as usual-and that’s not a good thing. This protracted game of “extend and pretend” serves nobody’s long-term interests...

►►► Currencies Daily Forex ► EUR/USD Forex Signal Yesterday’s signals might have triggered a short trade from 1.1157 although the resistance did not hold cleanly. If so, the trade would be in profit now and would probably be worth keeping open. FX Street ► GBPUSD – bearish bias risks extension to 200SMA/daily cloud base targets Cable traded within narrow consolidation range between Tuesday's fresh two-month low at 1.2602 and broken 100SMA at 1.2630, which capped the action during Asian session.

►►► Markets CNBC ► Oil just entered a bear market, and BofA says it's heading to $30 Crude officially entered a bear market with Tuesday's drop, and one technical strategist is seeing another 30 percent drop in the commodity. The Economic Times ► Gold rises 0.36% on positive global cues Gold prices were up by 0.36 per cent to Rs 28,777 per 10 gram in futures trade today as speculators enlarged positions amid a firm global trend.

►►► Top Videos

CNBC ► Will OPEC output cuts fall apart? Compliance with the OPEC-led oil production cuts look good, but that's just on paper, says Neil Beveridge, Bernstein. Bloomberg ► YouGov's Twyman Says Queen's Speech to Focus on Brexit Joe Twyman, head of political and social research at YouGov, discusses what to expect in the Queen's speech and the progress of the deal with the DUP.

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