Fed’s Daly: Global growth headwinds justified last week’s rate cut

Reuters reports the latest comments from the Fed’s Daly, with the key headlines found below.

Global growth headwinds justified last week’s rate cut

Aug 6, 2019

Fitch: Free-floating Yuan could be positive for China's credit rating

In an interview with Reuters, Andrew Fennell, a director in Fitch’s sovereign ratings arm, said that a more flexible Yuan could serve credit positive

WTI fades a bounce to $ 55.50 ahead of API data

WTI (futures on Nymex) stalled its bounce from the Asian lows of 53.81 just shy of the 55.50 barrier in the European trading, as the bulls turn cautio