Monday 27th February 2017
NEWS TICKER, FEBRUARY 27th: Reuters’s newswire says that Iceland’s central bank is considering easing capital controls for derivatives -- Moody's has today assigned a Ba3 rating to Rexel SA's (Rexel) €300m senior unsecured notes due 2024. Rexel's existing ratings, comprising of Ba2 corporate family rating (CFR), Ba2-PD probability of default rating (PDR), Ba3 ratings on the company's existing senior unsecured notes and the NP short-term rating of the company's €500m commercial paper programme, remain unaffected. The outlook on all ratings is stable. -- Members of the Civil Liberties Committee will discuss the fundamental rights situation in Hungary with Justice Minister László Trócsányi and civil society representatives on Monday afternoon. MEPs are likely to raise the question of media pluralism, the independence of the judiciary and the situation of refugees and migrants -- President Trump’s budget outline calls for surge in military spending and sharp cuts to non-defense agencies including the EPA. However, there are no cuts scheduled to US entitlement programs such as Social Security, Medicare in the budget -- According to the latest Figaro/LCI poll, presidential candidate Emmanuel Macron is predicted to beat Le Pen in a presidential run-off. But Le Pen is ahead in the polls for the first round of voting -- Over in Germany the latest Bild am Sonntag poll puts Merkel’s conservatives neck and neck with her Social Democrat rivals -

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