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Tag: Beijing

Fed could cut rates 3 times as tariffs drag down US growth: UBS

Fed could cut rates 3 times as tariffs drag down US growth: UBS

  Swiss wealth big UBS has predicted that the U.S. Federal Reserve might decrease rates of interest 3 times in 2020 — a forecast that differs broadly from many different projections calling for no change or only one charge minimize this 12 months. Arend Kapteyn, international head of financial analysis at UBS, mentioned on Tuesday […]

European stocks close lower as US imposes fresh sanctions on Iran

European stocks close lower as US imposes fresh sanctions on Iran

European stocks closed in negative territory on Friday, paring earlier gains after the U.S. announced fresh sanctions on Iran. The pan-European Stoxx 600 had dipped below the flatline by the closing bell, with most sectors and all major bourses in the red. The blue-chip stock index closed lower by 0.12%. The FTSE 100 in London […]