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The Federal Reserveâs quarterly survey of senior loan officers found that a majority of banks expect to tighten standards almost across the board because of unexpected deterioration in the quality of those loans. Johor
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Chinese leader Xi Jinping described the coronavirus outbreak as a major test of the countryâs governance.
Google pulled back the curtain on several of its important businesses, but not everyone loved what was revealed.
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*OpenText Announces Pricing of Senior Unsecured Fixed Rate Notes to Refinance Outstanding Debt, 09:30/UK: Jan CIPS / Markit Construction PMI, 12:45/US: 02/01 The Retail Economist/Goldman Sachs Weekly Chain Store Sales Index, 13:55/US: 02/01 Johnson Redbook Retail Sales Index, 15:00/US: Feb IBD/TIPP Economic Optimism Index, 15:00/US: Dec Manufacturers' Shipments, Inventories & Orders (M3), 21:30/US: 01/31 API Weekly Statistical
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RBA Leaves Rates on Hold; Watching Impact of Fires, Virus
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The Reserve Bank of Australia left its benchmark interest rate on hold Tuesday, but it remains somewhat cautious on the outlook in 2020 with its eye on stubbornly weak consumer spending and growing global growth risks linked to the spread of the new coronavirus.
At 4.50am, USD/JPY was 109.08-09, EUR/USD was 1.1057-60 and GBP/USD was 1.3012-14.
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