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Free AccessTrending Top 5
Market News Topics
December 03, 2018 03:40 GMT
Note, Federal Reserve Bank Chairman Jerome.......>
US
US: Note, Federal Reserve Bank Chairman Jerome Powell is scheduled to testify on
"The Economic Outlook" before Congress's Joint Economic Committee Wednesday
(text 0815ET, actual testimony at 1015ET).
- The testimony may be cancelled, however, due to national day of mourning to
honour former President George H.W. Bush who passed away Friday, November 30.
- That said, the NYSE will be closed along with US government offices in
observance. The Securities Industry and Financial Markets Association (SIFMA)
has recommended fixed income markets to be closed as well, Chicago Mercantile
Exchange U.S. interest rate futures & equity index futures will also be closed.
- SIFMA also recommending that "secondary market cash transactions in U.S.
government and federal agency securities, executed on Tuesday December 4, 2018
and normally settling on Wednesday December 5, 2018, should instead settle on
Thursday December 6, 2018 where practical."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
To read the full story
Close
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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