interest-rates
Top StoriesUK Estate Agents Report More Buyer Interest After BoE Rate Cut
Top StoriesGlobal Stocks Poised for Weekly Gains After Slew of US Data
Top StoriesDollar Softens, Yen Set for Weekly Fall as US Recession Worries Fade
Top StoriesStocks Gain, Treasury Yields Jump as US Retail Data Reassures
UK Employers Plan Smallest Pay Rises in Two Years, Survey Shows
Date: August 12, 2024
By David Milliken LONDON (Reuters) – British employers expect to raise pay by 3% over the coming year, the lowest planned increase in two years and down from 4% three months ago, a survey from the Chartered Institute of Personnel and Development showed on Monday. The news is likely to reassure the Bank of...
Yen Slips, Markets Brace for US Inflation Data
Date: August 12, 2024
By Vidya Ranganathan SINGAPORE (Reuters) – The yen was a tad softer against the dollar in trading thinned by a Japanese holiday on Monday, with market participants still ambivalent about the odds of a big Fed rate cut next month. The respite follows a tumultuous week that began with a massive selloff across currencies and...
Dollar Steady on US Jobs Relief as Yen Heads for First Weekly Drop in Six
Date: August 9, 2024
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) -The dollar was close to a one-week high against other major currencies on Friday after the biggest drop in U.S. jobless claims in close to a year allayed fears of a looming economic downturn. The U.S. currency was steady against the Japanese yen following a three-day rebound,...
Investors’ Comments on Global Stocks Rout
Date: August 5, 2024
(Reuters) – Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering interest rates will have to fall rapidly to rescue growth. Japan’s Nikkei shed a staggering 12% to hit nine-month lows, entering bear market territory...
London’s FTSE 100 Falls Over 1% Amid Global Stock Slump
Date: August 2, 2024
By Purvi Agarwal and Shubham Batra (Reuters) -London stocks rounded the week off with heavy losses amid a global risk-off mood after a weak U.S. jobs report spurred worries on the health of the American economy, while losses in commodity-linked stocks added to the downbeat sentiment. The blue-chip FTSE 100 index was down 1.3%, while...
Bank of England Rate Cut Boosts Comeback Factor for UK Markets
Date: August 2, 2024
By Naomi Rovnick and Amanda Cooper LONDON (Reuters) -Big investors are growing more confident about a comeback for neglected UK assets, with the Bank of England’s move to cut interest rates from a 16-year high burnishing the feel-good factor from the new British government’s landslide election win. The BoE cut rates by a quarter point...