Out of bounds

Out of bounds



New York
Dollar rises to highest level in 3 weeks after jobs data official statements
dollar rose to its highest level in three weeks the end of the week, after a senior official at the Federal Reserve said ( the US central bank) said the council 's plan to reduce the bond portfolio this year will not delay much cycle raise interest rates.
The dollar fell initially after the US jobs report for the month of March , which was weak but recovered after Zlk.oukal President of the Bank of New York Federal Reserve, William Dudley , the pro-low interest rates last Friday, it said that reducing the portfolio of the Council , amounting to 4.5 trillion dollars bond will pay to " a small pause "in raising interest rates for the Council 's plans.
Analysts said investors still expect the two increases in interest rates in 2017 , although the possibility of raising interest rates in June fell to 61 percent after the jobs report from 70 percent evening Alkhamis.uartf dollar index to its highest level in three weeks at 101.26 and recorded the latest reading up 0.5 percent to 101.16.
The dollar touched its highest level against the Japanese currency during the session after Dudley 's comments and read the latest recorded a rise of 0.3 percent to 111.16 yen.
The dollar hit its highest level in four weeks against the euro , which fell 0.5 percent to $ 1.0587.
The recovery of the dollar earlier in support of the report showed that jobs in non - agricultural sectors in the United States increased by 98 thousand jobs last month, the slowest pace since last May. The unemployment rate fell to 4.5 percent from 4.7 percent in February.



China
Trump Shi agree on a 100 - day plan to discuss trade issues ,
US Secretary of Commerce and Wilbur Ross , he said President Donald Trump and his Chinese counterpart Xi Jinping agreed on a new plan for a 100 - day to conduct trade talks will lead to the promotion of US exports and reduce the trade deficit of the country.
Ross said in remarks to reporters after he held the two largest economies in the world leader first talks to them face - to - face "in light of the number of issues and size, it may be ambitious but very significant change in the pace of discussions ... I think this is the embodiment of a very important relationship growing between the two countries. "



Rome
Italy proposes to provide assistance for the demobilization of 1,300 Alitalia workers , a
labor union official said that Italy offered to help in the program to dispense 1,300 Alitalia workers over four years at a time when the company is losing struggling to get approval from labor groups to restructure and avoid having a plan to take out aircraft from service.
Said Giancarlo Serafini Secretary of the Union (Ao.aa.al.ta) after a round of negotiations with the government and the company last Friday , "the Ministry of Labor proposed to support workers who agree to leave the company."
It includes the restructuring of Alitalia plan to reduce the number of jobs in the ground services by 2037 jobs and reduce individual wages by up to a third in a final attempt to turn the company into profitability.


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