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Lagarde Says Trump’s Fiscal Plans Likely to Boost U.S. Economy

EghtesadOnline: President Donald Trump’s plans to overhaul the U.S. tax system and increase infrastructure spending should accelerate growth in the world’s biggest economy over the next two years, said International Monetary Fund Managing Director Christine Lagarde.
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Publish Date:27/January/2017 | 16:18

Dollar skids to more than 1-month low against yen

EghtesadOnline: The dollar extended its losses in Asian trading on Thursday, breaking through the previous session's one-month low against the yen hit after President-elect Donald Trump's news conference failed to offer details on his plans to boost fiscal spending and cut taxes.
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Publish Date:12/January/2017 | 09:24

Trump tax reforms could depend on little-known 'scoring' panel

EghtesadOnline: President-elect Donald Trump's goal of overhauling the U.S. tax code in 2017 will depend partly on the work of an obscure congressional committee tasked with estimating how much future economic growth will result from tax cuts.
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Publish Date:30/December/2016 | 06:23

Asian Equities, Yen Maintain Declines After BOJ

EghtesadOnline: Asian stocks were mostly lower after a five-day rally as the Bank of Japan cut its inflation forecast while keeping stimulus unchanged, and investors assessed a plan to overhaul U.S. taxes.
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Publish Date:27/April/2017 | 05:45

European Stocks Fall as Doubts Grow Over Trump's Tax-Cut Plans

EghtesadOnline: European stocks slipped, mirroring a drop in U.S. index futures, as the failure to pass U.S. health-care legislation Friday sparked fresh doubts over the ability of U.S. President Donald Trump’s party to cut taxes and boost infrastructure spending.
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Publish Date:27/March/2017 | 11:10

GOP Eyes Tax Overhaul -- And Lessons From Health-Care Failure

EghtesadOnline: Moments after their hopes of undoing Obamacare unraveled, President Donald Trump and top Republicans said in unison that they’re moving on to another ambitious goal -- overhauling the U.S. tax code.
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Publish Date:26/March/2017 | 05:10

Healthcare vote delay worries stocks, dollar

EghtesadOnline: All eyes in global financial markets were fixed on stuttering Republican efforts to pass a replacement for Obamacare on Friday, with failure likely to undermine faith in Donald Trump’s promise to deliver a "phenomenal" U.S. tax reform.
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Publish Date:24/March/2017 | 10:37

Trump demands support in do-or-die Friday vote on healthcare plan

EghtesadOnline: U.S. President Donald Trump warned House Republican lawmakers that he will leave Obamacare in place and move on to tax reform if they do not get behind new healthcare legislation and support it in a vote on Friday.
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Publish Date:24/March/2017 | 10:16

Wall Street sinks on fears of delays to Trump tax cuts

EghtesadOnline: Wall Street fell sharply on Tuesday as investors worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market to record highs in recent months, with nervousness deepening ahead of a key healthcare vote.
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Publish Date:22/March/2017 | 07:40

Stocks Rise To Records, Dollar Gains With Bonds

EghtesadOnline: Most U.S. stocks rose, taking the S&P 500 Index to a fresh record amid deal action ahead of the holiday weekend. Treasuries advanced and the dollar erased losses for the week as investors await details on Trump administration tax and spending plans.
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Publish Date:18/February/2017 | 04:42

Trump tax cut talk, Chinese data spur risk rally

EghtesadOnline: The dollar rose and U.S. stock futures held near record highs as investors cheered upbeat Chinese trade data and hopes of business-friendly tax cuts in the United States, although lingering concerns over political risks kept gains in check.
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Publish Date:10/February/2017 | 13:12

Bonds Drop on Inflation; Europe Stocks Erase Gains

EghtesadOnline: Bonds fell and the dollar rose against most of its peers as reflation trades came back into focus after a promise by U.S. President Donald Trump to overhaul business taxes. European stocks erased gains as banks declined as political risk plagued the region.
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Publish Date:10/February/2017 | 24:00

Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power

EghtesadOnline: U.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits.
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Publish Date:21/January/2017 | 05:00

Trump's Treasury pick targets taxes, trade reforms: media

EghtesadOnline: President-elect Donald Trump's pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities as they seek a sustained pace of 3 percent to 4 percent economic growth.
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Publish Date:30/November/2016 | 19:33