US State of the Union address: We turn the page on recession, wars

FXStreet (Bali) - FXStreet (Bali) - At the US State of the Union address, US President Barack Obama said “tonight we turn the page” on recession, wars, adding that economic growth, booming energy production give US the chance to reshape economy.

Additional headlines via Reuters from the official speech

Obama to say in state of the union address “tonight we turn the page” on recession, wars

Obama to say economic growth, booming energy production give US the chance to reshape economy

To say effort to combat Islamic state militants will take time, “but we will succeed”; calls on congress to pass resolution authorizing use of military force

To say American leadership in Iraq and Syria is stopping advance of Islamic state militants

Obama to urge congress to pass cyber legislation; says if we don’t act, US economy will be “vulnerable”

Obama calls on congress to approve trade promotion legislation

To say wants to sign new trade deals “so the united states, not china” sets labor, environmental standards

Calls for reauthorization of export-import bank, says would create jobs

Proposes simplifying tax filing for “vast majority” of u.s. small businesses -white house

Calls for new infrastructure investments financed by business tax reform

Proposes to cut corporate tax rate and broaden base, simplify taxes for small business and reform international tax system

Budget will outline how to end “sequester” spending cuts andpay for investments by cutting spending, closing tax loopholes

Proposes tougher penalties for employers who fail to pay minimum wage or violate overtime rules

to tell congress that it should begin work on lifting cuba embargo -senior administration officials

To reaffirm his belief that guantanamo detention center should be closed -senior administration officials

Pledges to work with republicans to expand earned income tax credit for low-wage workers without children

To tell congress he will defend wall street reforms from being watered down, wants lawmakers to complete housing finance reform

Calls for increase in funding for precision medicine and alzheimer’s research, proposes nearly doubling federal investment in combating antibiotic resistance

Obama committed to working with congress to pass legislation this year to reform prison sentencing for nonviolent drug offenders

Proposes federal-state partnership to expand preschool and kindergarten, paid for through increase in tobacco taxes

Says shadow of crisis is passed, the state of the union is strong

Says anti-semitism that has resurfaced in certain parts of the world is deplorable, rejects “offensive” stereotypes of Muslims

Calls on congress to pass bipartisan infrastructure plan, “let’s set our sights higher than a single oil pipeline

Calls on congress to show that “we are united in this mission” by authorizing force against Islamic state

Says “time to finish the job” and shut down u.s. detention center at Guantanamo

Says US has chance “between now and this spring” to negotiate agreement to prevent nuclear-armed Iran

Major currencies at a glance - Rabobank

Analysts at Rabobank gave a snap shot at the state of he currencies individually.
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