News Centre

Federal Reserve Issues FOMC Statement

Date 18/03/2015

Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. A range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately; declines in energy prices have boosted household purchasing power. Business fixed investment is advancing, while the recovery in the housing sector remains slow and export growth has weakened. Inflation has declined further below the Committee's longer-run objective, largely reflecting declines in energy prices. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations have remained stable.

Comptroller Of The Currency Issues Statement Regarding Bank Investment In The Municipal Securities Market

Date 18/03/2015

Comptroller of the Currency Thomas J. Curry today issued the following statement regarding investments in municipal securities made by national banks and federal savings associations:

The Office of the Comptroller of the Currency recognizes the importance of the $3.6 trillion municipal securities market as a source of infrastructure funding for states, cities, and localities in the United States. The agency considers bank investments in municipal securities a prudent activity when part of a safe and sound investment strategy. Banks historically have invested in municipal securities for a variety of purposes, including yield and community support. Bank ownership of municipal securities represents approximately 10 percent of all outstanding issuances as of mid-2014. Banks continue to be active participants in this market. 

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The March 17-18 FOMC Meeting

Date 18/03/2015

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the March 17-18 meeting of the Federal Open Market Committee.

European Banking Authority Issues Amended Technical Standards On Supervisory Reporting For Institutions

Date 18/03/2015

The European Banking Authority (EBA) published today its final draft Implementing Technical Standards (ITS) amending the Commission's Implementing Regulation (EU) No 680/2014 on supervisory reporting. These final draft ITS include minor changes to templates and instructions which the EBA deemed necessary to publish in order to reflect some of the answers published in its Single Rulebook Q&A, as well as to correct legal references and other clerical errors. The amendments are expected to be applicable for reporting as of June 2015.

FIA Commends CFTC For Revising Its Policy On Residual Interest

Date 18/03/2015

FIA released a statement today in support of a CFTC final rule affecting certain procedural requirements for how futures commission merchants and their customers meet margin requirements. The final rule, announced yesterday, ensures that the current deadline for depositing residual interest will not be changed without an opportunity for public comment. 

New Thomson Reuters Service Brings New Depth To Copper Mine Analytics - GFMS Mine Economics Provides New Levels Of Detailed Data On Two-Thirds Of Global Copper Production

Date 18/03/2015

Thomson Reuters, the world’s leading source of information for businesses and professionals, now offers detailed mine-by-mine analysis of the world’s copper production to users of its flagship desktop, Eikon.

TheCityUK Response To The UK Chancellor Of The Exchequer’s Budget 2015

Date 18/03/2015

Chris Cummings, Chief Executive, TheCityUK, comments on the Chancellor of the Exchequer’s 2015 Budget statement

“In his final budget statement before the General Election, the Chancellor has sensibly focused on macroeconomic stability and long-term economic growth."

NN Group N.V. Lists € 600 Million Senior Unsecured Bond On Euronext Amsterdam

Date 18/03/2015

Euronext announces the corporate bond listing by NN Group N.V. on its Amsterdam market.

Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 4 And 5 March 2015

Date 18/03/2015

• Bank Rate should be maintained at 0.5%;
• The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

Nowruz Holidays At Tehran Stock Exchange

Date 18/03/2015

Tehran Stock Exchange will be closed from 21st to 25th March 2015 for the New Iranian Year.  Nowruz marks the first day of spring and beginning of the year in the Persian calendar. It is a big holiday in Iran and in other Persian speaking countries.