
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
In 2017, gaming profits in the Chinese territory of Macau edged up for the first time for three years because high-end punters' appetite for gambling revives after a protracted government campaign against demonstration of wealth among public officials as well as slowing economic surge.
According to figures from Macau's Gaming Inspection and Coordination bureau released on Monday, profits tacked on 19% for 2017 hitting 265.7 billion patacas.
Market experts had expected 2017 full-year surge of 18%-20% to about $33-$34 billion.
The ex-Portuguese colony and currently special administrative region is clambering back after profits dived to five-year minimums in 2014.
However, profits are still far off the maximums reached ahead of 2014, sticking to monthly tolls observed in 2011, according to data from Thomson Reuters Datastream.
In December, monthly gambling profit surged 15% hitting 22.7 billion patacas, which is a bit lower than experts’ hopes for surge f 17%-20%.
Lagarde says difficult times have come, and the ECB raised the rate not to cause a recession but to stabilize prices. Read the report to learn the freshest news of the day!
ECB is ready to take the decision about the key rate. What to expect from officials? Oil prices are high, and economy indicators demonstrate the slowing down in the strongest European economies.
The Fed is going to take a decision about the interest rate. This is the crucial news for the following week. What's going on in the markets and what to expect?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
In today's market insights, we delve into Citibank's oil price predictions, the evolving competition between Huawei and Apple, the Saudi Arabia-Tesla partnership, and the upcoming rate decisions from the world's major central banks.
It will be the hottest week of September, with four central banks’ meetings, five PMI releases, and a lot to trade.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!