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Top StoriesSterling Rises After Best Week in a Year as Dollar Slide Continues
Top StoriesStocks Gain, Treasury Yields Fall After U.S. Jobs Market Softens
Top StoriesFed Keeps Rates Unchanged, Acknowledges Economy Is ‘strong’
European Shares Edge up on Retail, Healthcare Boost; Fed Decision Eyed
Date: November 1, 2023
European shares edge up on retail, healthcare boost; Fed decision eyed By Ankika Biswas (Reuters) – Europe’s benchmark index rose marginally on Wednesday, led by healthcare and retail stocks, with investors bracing for a policy decision by the Federal Reserve later in the day. The pan-European STOXX 600 was up 0.2% by 0930 GMT, after...
French GDP Growth Slows, Inflation Eases
Date: October 31, 2023
French GDP growth slows, inflation eases By Marine Strauss and Tassilo Hummel PARIS (Reuters) -The French economy grew by 0.1% in the third quarter, with growth slowing from the previous quarter but staying just above zero thanks to household spending, preliminary data from the INSEE statistics agency showed on Tuesday. Household consumption was up by...
Euro Zone Inflation and Growth Fall as ECB Hikes Bite
Date: October 31, 2023
Euro zone inflation and growth fall as ECB hikes bite By Francesco Canepa FRANKFURT (Reuters) – Inflation in the euro zone is falling fast and the economy has begun contracting, data showed on Tuesday, illustrating the dual impact of a steady diet of European Central Bank interest rate hikes. Prices rose by just 2.9% in...
US Dollar Slides Ahead of Central Bank Meetings, Key Data This Week
Date: October 30, 2023
US dollar slides ahead of central bank meetings, key data this week By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The U.S. dollar fell on Monday, dropping to a two-week low against the yen, as traders looked ahead to several major central bank meetings and a slew of major economic data releases this...
German Inflation Eases in October to Lowest Level in Two Years
Date: October 30, 2023
German inflation eases in October to lowest level in two years By Maria Martinez BERLIN (Reuters) – Inflation in Germany eased noticeably in October, falling to its lowest level since August 2021, pointing to a substantial cooling in headline inflation in the euro zone. German inflation eased in October to 3.0%, the federal statistics office...
Stocks Struggle as Treasury Yields Linger Near 5% After Strong U.S. Growth Data
Date: October 26, 2023
Stocks struggle as Treasury yields linger near 5% after strong U.S. growth data By Lawrence Delevingne and Alun John (Reuters) -U.S. Treasury yields were back near 5% on Thursday, reinforced by above-expectation U.S. GDP data, dragging shares around the world to multi-month lows in the middle of a busy corporate earnings week. The U.S. economy...