interest-rates
InvestingDollar Rebounds Against Euro Before Powell Speech
TradingEuropean Stocks Rise on Rate Cut Hopes, Healthcare Sector Hits Record High
BankingBank of England to Deliver One More Rate Cut This Year, Economists Say: Reuters Poll
InvestingWall Street Muted as Investors Look to Fed After Stocks Recovery
Wall Street Stocks, Dollar Subdued as Fed Readies Rate Cuts
Date: August 22, 2024
By Lawrence Delevingne (Reuters) -Stocks and the dollar remained subdued on Thursday after Federal Reserve minutes signalled U.S. interest rate cuts were set to begin in a few weeks’ time. On Wall Street, the Dow Jones Industrial Average fell 0.20%, to 40,806.74, the S&P 500 lost 0.05%, to 5,617.78 and the Nasdaq Composite lost 0.13%,...
Wall Street Muted as Investors Look to Fed After Stocks Recovery
Date: August 21, 2024
By Lawrence Delevingne and Huw Jones (Reuters) -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent lifetime highs, and as investors awaited clues on interest rate cuts from the Federal Reserve on Friday to decide on their next move. Oil was steady after a run of declines driven by expectations of...
Stock Rebound Wanes as Investors Await US Job Data, Fed
Date: August 21, 2024
By Tom Westbrook SINGAPORE (Reuters) -Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts. The S&P 500 snapped eight sessions of...
UK Employer Pay Awards Soften in Three Months to July, Brightmine Survey Shows
Date: August 21, 2024
(Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth. Median basic pay settlements in the three months to July were 4.5% higher than a year earlier, the smallest rise since the...
Morning Bid: Jobs in Focus After the Rebound
Date: August 21, 2024
A look at the day ahead in European and global markets from Tom Westbrook Markets’ sparkling recovery from early August’s sell-off has hit an air pocket, with Asian shares down on Wednesday and Tuesday’s small drop leaving the S&P 500 a day short of matching a 20-year-old winning streak. A yen at 145.5 per...
London’s FTSE 100 Slips, but US Rate-Cut Optimism Limits Losses
Date: August 19, 2024
(Reuters) – London stocks kick-started the week on a lacklustre tone, weighed down by aerospace and defence shares, although investor optimism over a potential September rate cut in the United States limited losses. The blue-chip FTSE 100 index was down 0.2% on Monday, after logging its best week since May in the previous session....