On Wednesday, the yield on 10-year US borrowing costs were at 2.975 percent and with oil prices climbing above $75 a barrel for the first time since late 2014, a rise to 3 percent can not be ruled out. "The dollar has woken up a bit to rate differentials", said James Athey, a money manager at Aberdeen Standard Investments, who has a long position versus the euro, yen, South Korean won and the offshore yuan.
Draghi warned that rising protectionism was starting to pose a "more prominent" risk to the eurozone outlook after US President Donald Trump fanned fears of a global trade war. Austrian Governor Ewald Nowotny called for a debate on what the European Central Bank will do after quantitative easing runs out in September, according to the people, who asked not to be identified because Governing Council sessions are confidential.
The Commerce Department said real gross domestic product climbed by 2.3% in the first quarter compared to the 2.9% jump in the fourth quarter. GDP is the value of goods and services that an economy creates over a period of time and its growth is an important indicator of the health of the world's largest economy.
The sources , familiar with the developments but who asked not to be named because they are not allowed to speak publicly on the issue, said Rusal would soon appoint a fully independent board, which in turn would appoint a new management team.
As many as 1 million British Facebook users may have had their data harvested because they were connected to USA users targeted in data passed to Cambridge Analytical, Schroeder said. Facebook attracts 40 million monthly active users in Britain, he wrote, representing about 60 percent of the entire population. The Facebook executive said he would "respectfully disagree" with that assessment.
Server products and cloud services revenue went up 20 percent, itself driven by Azure , where revenues surged 93 percent. Microsoft is riding a wave of demand for its Azure cloud services, which let customers run and store applications in the company's data centers.