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Average interest rate seen rising to 1% in 2018, say Investment Banks

A Bloomberg report says the Citigroup and JPMorgan economists expect the average interest rate across advanced economies will climb to at least 1 percent next year. That would be the biggest increase in rates since 2006. 

RBNZ’s Spencer: Bitcoin ‘looks remarkably like a bubble forming to me’

The Reserve Bank of New Zealand (RBNZ) Governor Grant Spencer said in an interview with TVNZ broadcast on Sunday, Bitcoin is a bubble. Key Quotes via
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Kuwait OilMin: Global oil cuts can halt if market balances by June

Kuwait’s Oil Minister Issam Almarzooq told Bloomberg on the sidelines of the annual meeting of the Organization of Arab Petroleum Exporting Countries
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