Markets News Regulators 

The Fed could move markets this week when it tells us what it was thinking at the January meeting

“In what felt like an about face from its December meeting, Powell also emphasized that the Fed would be flexible with its balance sheet” writes Yuri Gripas for cnbc.com. Stocks were higher in the past week, even with Thursday’s sell off on stunningly weak December retail sales data.The Fed calmed the markets in late January when it said it could stop raising interest rates, but investors are watching the release of its meeting minutes for any sign the Fed could veer off its easy path.There could be discussion in the…

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News Regulators 

Fed policymakers see one U.S. rate hike, or none, as growth slows

“In December, when the Fed raised interest rates a fourth time that year, most Fed policymakers penciled in two more rate hikes for this year” reports businessinsider.com. This week, as disappointing U.S. retail sales and industrial production data raised the prospect that the U.S. economy will slow more quickly than expected, three Fed policymakers gave an answer: one rate hike, or perhaps none at all.The first broad read of their views will come in March, when the Fed next releases forecasts for the economy and rates. Source: businessinsider.com

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Hasbro is betting it can survive without Toys R Us with help from Fortnite and Facebook

“Before its bankruptcy filing, Toys R Us was Hasbro’s third largest customer in the U.S. and its second largest customer in Europe and Asia” writes Adam Jeffery for cnbc.com. Hasbro has been hit hard by the bankruptcy and closure of toy retailer Toys R Us.So, Hasbro and rival toy maker Mattel had to scramble to find new retail locations for their products in the wake of Toys R Us’ disappearance from the market.Since it was announced that Toys R Us would no longer be a major player in Hasbro’s distribution…

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OANDA Looking for a New CEO as Vatsa Narasimha Steps Down

“OANDA just confirmed to Finance Magnates that the firm is on the lookout for a new CEO. After serving as CEO of the retail broker for a bit over 2 years, Vatsa Narasimha is leaving his position” writes Victor Golovtchenko for financemagnates.com. The company welcomed the former CEO of IG Group Tim Howkins in the final quarter of last year.The company is now commencing a search for a new CEO only about half a year since its acquisition by CVC Capital Partners. Source: financemagnates.com

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Markets News Regulators Stocks 

Get used to wild swings for this stock market, and thank the Fed for that, says analyst

“Our call of the day, from Seema Shah, global investment strategist at Principal Global Investors, is less sanguine” writes Markets Reporter for marketwatch.com. A big data dump awaits, on the heels of that dismal retail sales data.Or, if the Fed was simply propping up markets, renewed fears of inflation and rising interest rates are likely.Shah worries that the market has swung from “excessively pessimistic to excessively optimistic,” and may be underestimating coming headwinds from a global slowdown.Investors have been haunted by three big themes this week: trade talks, U.S. politics…

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Amazon warns Philly it may rethink plans for brick-and-mortar store

“Amazon plans to open as many as 3,000 Amazon Go cashless stores across the US over the next few years” reports nypost.com. The same day Amazon scrapped its plans for a headquarters in Queens, it warned Philadelphia that it may rethink its plans to open a brick-and-mortar store there because of the city’s proposal to ban so-called cashless stores.Proponents of the bill argue that cashless stores discriminate against poor consumers who do not have access to credit or bank accounts.City Councilman Allan Domb said Thursday that Amazon called the Commerce…

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Markets News 

Asian markets fall as global economic uncertainty grows

“According to the Commerce Department, December retail sales fell 1.2% from the previous month, its biggest drop since September 2009” writes Associated Press for marketwatch.com. Traders are wondering if the latest retail sales figures are a harbinger of more bad news to come,” said Song Seng Wun, an economist at CIMB Private Banking.U.S. crude CLJ9, +0.24%   added 6 cents to $54.47 per barrel in electronic trading on the New York Mercantile Exchange.Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion…

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Markets News 

Asian markets fall as uncertainty grows

“According to the Commerce Department, December retail sales fell 1.2% from the previous month, its biggest drop since September 2009” writes Associated Press for marketwatch.com. Traders are wondering if the latest retail sales figures are a harbinger of more bad news to come,” said Song Seng Wun, an economist at CIMB Private Banking.Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion of U.S.-China talks in Beijing.U.S. crude CLJ9, +0.40%   added 34 cents to $54.75 per barrel in electronic trading on…

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