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Mohamed El-Erian to become Fed No2? - WSJ

The Wall Street Journal has reported that The White House is considering economist Mohamed El-Erian as one of the several candidates to potentially serve as the Federal Reserve’s vice chairman, according to a person familiar with the matter.

"The process of selecting the Fed’s No. 2 official began this month after President Donald Trump nominated Fed governor Jerome Powell to succeed Fed Chairwoman Janet Yellen when her term expires next February. "

WTI tumbles more than 2%

Crude oil prices broke earlier today a 1-week range and recently accelerated the decline. The price of the West Texas Intermediate barrel is falling m
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ECB's Coeure: The repo market is undergoing significant change

Key highlights from the Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ERCC General Meeting on “The repo market: market cond
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