Obama: Pass Bill Extending Middle Class Tax Cuts

July 9 (Bloomberg) -- President Barack Obama urged Congress to pass a one-year extension of Bush-era tax cuts for families making less than $250,000 a year, while allowing rates to rise for higher earners, as he seeks to sharpen differences with congressional Republicans and their presidential candidate, Mitt Romney. (Source: Bloomberg)

How BOJ Stimulus Speculation is Impacting Markets
22:47 - The yen gained, approaching its highest since October 2014, amid speculation the Bank of Japan may intervene to arrest gains that threaten to undermine almost three years of monetary stimulus. Currency forecasters are getting steamrolled by the $5.3 trillion-a-day market as traders all but abandon bets that monetary policy divergence between the world’s major central banks will fuel a third year of dollar gains. BNP Paribas Global Head of FX Strategy Steven Saywell and HSBC Global Head of FX Research David Bloom discuss with “On the Move” hosts Guy Johnson and Jonathan Ferro.
  • Do Central Banks Need to Tell Us Where to Price Risks?
  • Michael Fallon: Russia Must Stop Strikes in Syria Now
  • Steel Price Rise Not Enough to Meet Thyssenkrupp’s Target