interest-rates
FinanceSbb Flags Improving Debt Market for Swedish Real Estate
BankingECB’s Villeroy: Trump Policies Impact on Euro Inflation to Be Limited
BankingECB Will Keep Cutting Rates and Focus Shifting to Growth, Vp Says
FinanceUK Shop Prices Fall Less Sharply in November, Survey Shows
Sterling Firms After 3-day Slide Against Sagging Dollar
Date: November 25, 2024
By Medha Singh (Reuters) – Sterling was on track to snap a three-day losing streak on Monday, as the dollar’s slide after the selection of fund manager Scott Bessent as U.S. Treasury Secretary lent support to most major currency pairs. The pound firmed 0.4% to $1.2579 after slumping to a six-month low of $1.2475 on...
Morning Bid: Bonds Rally, Dollar Dips on Treasury Choice
Date: November 25, 2024
A look at the day ahead in European and global markets from Wayne Cole Asia has been dominated by the market reaction to the choice of fund manager Scott Bessent as incoming U.S. Treasury Secretary, with the main feeling one of relief that he’s a mainstream candidate rather than an unknown. The fact that Bessent...
Weaker Pound Takes FTSE 100 to Best Week in Six Months
Date: November 22, 2024
By Nikhil Sharma (Reuters) -Britain’s FTSE 100 recorded its biggest weekly gain in more than six months on Friday as a slide in sterling supported dollar earners, while banks came under pressure from weak business activity data. The blue-chip FTSE 100 ended the day 1.4% higher, and logged a 2.5% weekly rise, its best since...
Italian Firms’ Profitability Could Fall as Growth Slows, Central Bank Says
Date: November 22, 2024
MILAN (Reuters) – Italy’s high borrowing costs and weakening economic growth could reduce the profitability of its companies in the near future, especially those with a high debt load, the Bank of Italy said on Friday. Rome has been struggling with modest growth this year which, combined with still high European Central Bank interest rates,...
Sterling Falls to 6-month Low After Weak UK Retail Sales
Date: November 22, 2024
LONDON (Reuters) – The pound weakened on Friday after data showing British retail sales fell by much more than expected in October, which if matched by other soft data could cause the Bank of England to be less cautious when it comes to rate cuts. Sterling was last down 0.22% on the dollar at $1.2566,...
Dollar Climbs to 13-month Peak, Bitcoin Eyes $100,000
Date: November 22, 2024
By Brigid Riley TOKYO (Reuters) -The U.S. dollar edged up to a fresh 13-month high on Friday, with little to stop the greenback’s momentum as investors assessed the outlook for the Federal Reserve’s interest rate path, while bitcoin hit a record high and neared the $100,000 level. The dollar index edged up 0.08% to 107.15...