interest-rates
FinanceMorning Bid: Fed Looms and Europe Gets Inflation Data
TradingOil Steady While Market Eyes Fed Rate Decision
FinanceUK Employers Hold Pay Deals at 4% Before Expected Fall in 2025, Survey Shows
InvestingUK’s FTSE 100 Hits Three-Week Low After Strong Pay Data; Bunzl Slumps
Oil Dips on Demand Concerns as Investors Await Fed Meeting
Date: December 17, 2024
By Paul Carsten LONDON (Reuters) -Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained cautious ahead of a U.S. Federal Reserve decision on interest rates. Brent crude futures eased 78 cents to $73.13 a barrel by 1415 GMT while U.S. West Texas Intermediate crude was down 83 cents at...
Hungary Central Bank Leaves Base Rate Steady for Third Straight Month
Date: December 17, 2024
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s central bank left its base rate steady at the European Union’s joint highest level of 6.5% on Tuesday, as widely expected, with falls in the forint, a rebound in inflation and an uncertain economic outlook making policymakers cautious. S&P Global said on Thursday that central Europe’s monetary easing...
Oil, Healthcare Stocks Knock European Shares to Two-Week Lows
Date: December 17, 2024
By Sruthi Shankar (Reuters) -European shares fell to two-week lows on Tuesday, led by energy and healthcare stocks, as investors awaited a slew of major central bank decisions later in the week. The pan-European STOXX 600 index slipped 0.4% by 0924 GMT, trading at its lowest since Dec. 2. Oil and gas stocks dropped 1.2%...
UK Pay Growth Speeds Up, Adding to Worries for Bank of England
Date: December 17, 2024
By William Schomberg and Suban Abdulla LONDON (Reuters) -British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in bets on Bank of England interest rate cuts next year, despite warning signs of a slowdown in the economy. Average weekly earnings, excluding...
Asian Shares Waver, Dollar Firms Ahead of Central Bank Meetings
Date: December 17, 2024
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks wobbled while the dollar held firm on Tuesday as traders braced for a slate of central bank meetings this week that is likely to see the U.S. Federal Reserve deliver a rate cut and the Bank of Japan stand pat for now. Bitcoin, the best-known and the...
Dollar Edges Higher Against Major Peers as Investors Eye Fed Rate Cut
Date: December 17, 2024
By Chibuike Oguh and Greta Rosen Fondahn NEW YORK/GDANSK (Reuters) -The U.S. dollar edged higher against major currencies in choppy trading on Monday, as investors eyed interest rate decisions from the Federal Reserve, Bank of Japan, Bank of England and other key central banks this week. Markets are pricing in a near 97% chance that...