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Dollar dips as UK budget U-turn improves market sentiment
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of major currencies and st...
17th October, 2022
financial markets
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Goldman Sachs sees deeper UK recession after tax U-turn
(Reuters) -Goldman Sachs has downgraded Britain’s economic outlook and warned of a deeper recession...
17th October, 2022
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EU Commission to propose potential ‘dynamic’ gas price cap
BRUSSELS (Reuters) – The European Commission is set to propose this week a last-resort “dynamic” pri...
17th October, 2022
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Aluminium price drops on jump in LME stocks and Russian metal
By Pratima Desai LONDON (Reuters) -Aluminium prices dropped on Monday as inventories in London Metal...
17th October, 2022
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New UK finance minister Hunt ditches most of ‘mini-budget’, pound and gilts soar
LONDON (Reuters) -Britain’s new finance minister on Monday jettisoned most of Prime Minister Liz Tru...
17th October, 2022
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FTSE 100 climbs ahead of Hunt’s fiscal plans
By Sruthi Shankar (Reuters) -London shares rose for a third consecutive session on Monday as investo...
17th October, 2022
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Analysis-G7 fails to reach intervention deal to ease pain of soaring dollar
By Leika Kihara WASHINGTON (Reuters) – Japan and other countries facing the fallout from a soaring U...
17th October, 2022
Trading
Market reaction to the pound hitting a record low
By Rupert Thompson, Investment Strategist at Kingswood The past week has been a torrid affair with m...
14th October, 2022
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Analysis-ECB ‘QT’ may be next challenge for tumultuous markets
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) – The European Central Bank is considering en...
14th October, 2022
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Euro zone posts record trade deficit in August amid soaring energy prices
BRUSSELS (Reuters) – The euro zone posted in August its largest trade deficit since it expanded to 1...
14th October, 2022
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Spain September final 12-month inflation revised down to 8.9%
MADRID (Reuters) – Spanish consumer prices rose 8.9% year-on-year in September, down from 10.5% in t...
14th October, 2022
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TomTom shares fall as 2023 uncertainties outweigh Q3 beat
By Federica Mileo and Augustin Turpin (Reuters) – Dutch navigation and digital mapping company TomTo...
14th October, 2022