interest-rates
InvestingEurope’s Stoxx 600 at Two-Week Closing High in Lead-Up to Fed Rate Decision
FinanceUS Stocks, Dollar Rise With Eyes on Fed and Strong Data
TradingUS Dollar Strengthens Ahead of Fed Rate Cut Move
InvestingOil Prices Climb on Hurricane Impact Ahead of US Rate Decision
FTSE 100 Rises Ahead of Key Central Bank Meetings
Date: September 17, 2024
By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gains in automobile and parts shares, while investors focussed on a week of key central bank interest rate decisions. The benchmark FTSE 100 was up 0.1%; while the mid-cap FTSE 250 inched 0.2% higher. Both indexes...
US Dollar Hits More Than One-Year Low as Market Eyes Aggressive Fed Rate Cut
Date: September 16, 2024
By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal Reserve could deliver a supersized cut to interest rates later this week. The Fed had been widely expected to announce at least a 25-basis-point cut...
US Stocks Mixed, Dollar Weak on Rate Cut Expectations
Date: September 16, 2024
By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the dollar stayed soft against its global peers as all eyes looked to a Federal Reserve meeting later this week that is expected to usher in a hotly-anticipated easing cycle. Expectations have grown...
US Dollar Drops to Near 9-month Low Versus Yen Amid Talk of Larger Fed Rate Cut
Date: September 16, 2024
(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike Oguh NEW YORK (Reuters) – The U.S. dollar fell on Friday to its lowest level in nearly nine months against the Japanese yen after media reports once again fueled speculation the Federal Reserve...
Gold Bulls Set Sights on Previously Dismissed Record $3,000/oz Milestone
Date: September 13, 2024
By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight U.S. presidential election race. Spot gold reached a historic high of $2,572.81...
ECB Dents Traders’ Hopes for October Rate Cut
Date: September 13, 2024
By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday, as policymakers provided little clarity on how willing they were to double down on monetary easing. Sources also told Reuters shortly after the ECB meeting that...