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  • European Commission - Joint Statement By The European Commission And The Department For Exiting The European Union

    Date 01/11/2017

    The following joint statement has been issued by the European Commission and the Department for Exiting the European Union:

    "Michel Barnier, the European Commission's Chief Negotiator, and David Davis, Secretary of State for Exiting the European Union, agreed today that the two teams would meet for Article 50 negotiations on 9 and 10 November 2017. An agenda will be published in due course."

  • Federal Reserve Issues FOMC Statement

    Date 01/11/2017

    Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate despite hurricane-related disruptions. Although the hurricanes caused a drop in payroll employment in September, the unemployment rate declined further. Household spending has been expanding at a moderate rate, and growth in business fixed investment has picked up in recent quarters. Gasoline prices rose in the aftermath of the hurricanes, boosting overall inflation in September; however, inflation for items other than food and energy remained soft. On a 12-month basis, both inflation measures have declined this year and are running below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.

  • Key Figures SIX Swiss Exchange: October 2017

    Date 01/11/2017

    • Trading turnover in the year to date: CHF 1,129.7 billion (+8.0% year-on-year) 
    • Number of trades 42,714,874 (+9.3% year-on-year) 
    • Average daily trading turnover CHF 5.4 billion

  • OCC Cleared Contract Volume Up 20 Percent In October

    Date 01/11/2017

    • Securities lending activity up 30 percent in October and 21 percent year-to-date
    • Cleared futures volume up 18 percent in October and 38 percent year-to-date
    • Index options volume up 46 percent in October and 16 percent year-to-date

  • FSB Considers Financial Stability Implications Of Artificial Intelligence And Machine Learning

    Date 01/11/2017

    The Financial Stability Board (FSB) today published a report that considers the financial stability implications of the growing use of artificial intelligence (AI) and machine learning in financial services.