interest-rates
Top StoriesUnclear How Trump Tariffs Would Move UK Inflation, BoE’s Greene Says
FinanceRussian Railways to Cut Spending by Around 40% in 2025, Says Finance Chief
FinanceECB to Cut Rates by 25 Bps on Dec. 12; at Least Four More Likely in 2025- Reuters Poll
BusinessUK Construction Grows but House-Building Decline Steepens, PMI Shows
French Debt Risk Premium Falls After Government Collapses
Date: December 5, 2024
By Stefano Rebaudo (Reuters) – The risk premium investors demand to hold French debt rather than German Bunds dropped from its highest levels in over 12 years on Thursday after the widely expected collapse of the French government. Far-right and left-wing lawmakers joined forces early this week to back a no-confidence motion against Prime Minister...
Rate Cut Bets Boost Stocks as Bitcoin Breaks $100,000
Date: December 5, 2024
By Tom Westbrook SINGAPORE (Reuters) -Bitcoin broke $100,000 on Thursday as investors bet on a friendly regulatory shift in the U.S., while Asian stocks were firm after Wall Street indexes notched record highs on growing confidence in U.S. interest rate cuts. Bitcoin hit the $100,000 mark in the Asia morning and was last at $103,400....
Stocks Gain, Dollar Steady; Wall Street Shrugs Off Global Political Turmoil
Date: December 5, 2024
By Lawrence Delevingne (Reuters) -A U.S. tech stock rally and expectations of lower interest rates boosted global shares while the euro and dollar were steady on Wednesday despite political turmoil in South Korea and France. Wall Street’s major stock indexes rallied to record closing highs, led higher by tech stocks and comments by Federal Reserve...
UK’s FTSE 100 Falls as AstraZeneca, BoE Governor’s Remarks Weigh
Date: December 4, 2024
(Reuters) – The UK’s benchmark FTSE 100 fell on Wednesday, ending a five-day winning streak, dragged by AstraZeneca’s decline on target price cut, while investors assessed domestic economic data and Bank of England Governor’s Andrew Bailey remarks on interest rate cuts. The blue-chip FTSE 100 fell 0.3%, while the midcap FTSE 250 rose 0.2% to...
Norway Eases Loan-To-Value Mortgage Limit to 90%
Date: December 4, 2024
OSLO (Reuters) – The Norwegian government will ease its loan-to-value restriction on mortgage lending, the finance ministry said on Wednesday, loosening a policy that had constrained borrowing and led to a decline in the construction of new homes. The revised rule set a maximum loan-to-value mortgage ratio of 90%, up from 85% previously, requiring borrowers...
Aussie Slumps on Tepid Economy, Won Stable After Martial Law Lifted
Date: December 4, 2024
By Kevin Buckland TOKYO (Reuters) -The Australian dollar tumbled to a four-month low on Wednesday after weaker-than-expected economic growth raised expectations for earlier interest rate cuts, while South Korea’s won stabilised after a decision to impose martial law was reversed. The Chinese yuan tried to pull away from its weakest in more than a year...