Reuters Daily Investor Update: August 19, 2015

Click to View in Browser Wednesday, August 19, 2015 IMF freezes benchmark currency basket, defers any yuan addition WASHINGTON (Reuters) - The International Monetary Fund said on Wednesday it will freeze its benchmark currency basket until October 2016, giving markets more time to adjust to the possible addition of China's yuan as part of a review of global reserve currencies. Strong jobs, weak inflation data muddy Fed rate debate: minutes WASHINGTON (Reuters) - U.S. Federal Reserve officials widely agreed last month the economy was nearing the point where interest rates should move higher, but worried lagging inflation and a weak global economy posed too big a risk to commit to "liftoff." Wall St. down in volatile trading after Fed minutes NEW YORK (Reuters) - U.S. stocks fell in choppy trading on Wednesday as minutes from the latest Federal Reserve meeting highlighted concern over the state of the global economy, driving markets to question the likelihood that the Fed will raise rates next month. Germany backs Greek bailout as Tsipras mulls early polls BERLIN/ATHENS (Reuters) - The German parliament approved a third bailout for Greece on Wednesday after Finance Minister Wolfgang Schaeuble said the country should get "a new start", while in Athens the government agonized over whether to call a snap election. European bailout fund to disburse first Greek tranche on Thursday ATHENS (Reuters) - The European Stability Mechanism will disburse the first tranche of funds from Greece's bailout loan on Thursday, the Greek finance ministry said after the ESM board approved a rescue of up to 86 billion euros on Wednesday. Airline fares dampen U.S. consumer prices in July WASHINGTON (Reuters) - U.S. consumer prices rose only slightly in July as airline fares recorded their biggest drop since 1995, but tame inflation pressures will probably not discourage the Federal Reserve from raising interest rates this year. Dutch parliament endorses Greece bailout after grilling PM AMSTERDAM (Reuters) - The Netherlands endorsed a third bailout for Greece on Wednesday as both the cabinet and parliament approved the step after a bruising debate in which Prime Minister Mark Rutte's credibility was challenged. Dijsselbloem: IMF, euro zone can agree on Greek debt AMSTERDAM (Reuters) - Eurogroup President Jeroen Dijsselbloem said on Wednesday he believes that euro zone countries and the International Monetary Fund will be able to come to an agreement on IMF participation in Greece's latest bailout package. Greek PM calls on European Parliament to join quartet of creditors ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras called for the European Parliament to join the so-called quartet of creditor institutions overseeing the country's 86-billion-euro EU/IMF bailout program. Lowe's sales beat on demand for appliances, outdoor equipment (Reuters) - Lowe's Cos Inc , the No.2 U.S. home improvement chain, reported stronger-than-expected growth in quarterly same-store sales as customers bought more expensive items in categories such as appliances and outdoor power equipment. Related Video Minutes clarify: Rate hike coming in September - John Silvia German firm to pilot Greek airports Related News Burned by oil, some U.S. fund managers still bet on rebound 'Go anywhere' bond funds pose risks that investors can't see Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook