Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

DAILY MARKET OVERVIEW – A Short Guide to the ECB’s High-Powered Central Bank Panel

DAILY MARKET OVERVIEW

Top 3 Pre-Market Headlines for Jun 28, 2017

  • A Short Guide to the ECB's High-Powered Central Bank Panel
  • Yellen Fed Ramps Up Attention Over ‘Somewhat Rich’ Asset Prices
  • Alibaba to Invest $1 Billion in Lazada to Speed Asian Drive
 

ecb_frankfurt

A Short Guide to the ECB’s High-Powered Central Bank Panel

When central-bank governors for almost a quarter of the world’s economy join each other in Portugal on Wednesday, they can share tales of just how complex their jobs have become.

The European Central Bank’s annual forum in Sintra will close with a policy panel featuring the heads of the ECB, Bank of England, Bank of Japan and Bank of Canada. The session, moderated by Bank of Israel Governor Karnit Flug — a rare female face in central banking — should highlight how the institutions are still struggling to return to policy normality almost a decade after the global financial crisis.

 

yellen

Yellen Fed Ramps Up Attention Over ‘Somewhat Rich’ Asset Prices

It’s not an alarm bell, but Federal Reserve officials are suddenly talking more about rising asset prices.

Fed Chair Janet Yellen, Vice Chair Stanley Fischer and San Francisco Fed President John Williams on Tuesday all acknowledged that valuations in equity and other asset markets had risen noticeably in recent weeks.

 

alibaba_com

Alibaba to Invest $1 Billion in Lazada to Speed Asian Drive

Alibaba Group Holding Ltd. will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83 percent, securing control of a fast-growing startup at the vanguard of its Southeast Asian expansion.

The Chinese e-commerce leader is buying out most other backers in a deal that values the Singapore-based startup at $3.15 billion, Lazada CEO Maximilian Bittner said, with management and Temasek Holdings Pte. remaining as the only other investors. Lazada backers Rocket Internet SE and Investment AB Kinnevik said Wednesday they were among the sellers. The startup’s previously disclosed backers also include British supermarket chain Tesco Plc.

button-and-risk-warning



This post first appeared on Bull Markets Blog — Fearless Trading, please read the originial post: here

Share the post

DAILY MARKET OVERVIEW – A Short Guide to the ECB’s High-Powered Central Bank Panel

×

Subscribe to Bull Markets Blog — Fearless Trading

Get updates delivered right to your inbox!

Thank you for your subscription

×