monetary-policy
TradingEuro Ticks up Despite French Government Collapse; Bitcoin Breaks $100,000
FinanceECB to Cut Rates by 25 Bps on Dec. 12; at Least Four More Likely in 2025- Reuters Poll
FinanceECB’s Lagarde on France: Price and Financial Stability Are Interlinked
InvestingWall Street Stocks Advance, Dollar Steady Amid Political Turmoil in South Korea, France
ECB Rate Cut of 25 Bps Possible, Not More, ECB’s Holzmann Tells Paper
Date: December 4, 2024
VIENNA (Reuters) – It is “conceivable” that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert Holzmann said in a newspaper interview published on Wednesday. Investors expect the ECB to cut interest rates at every one of its upcoming...
Euro Tiptoes Higher, France Turmoil Keeps Investors on Edge
Date: December 3, 2024
By Amanda Cooper LONDON (Reuters) -The euro rose on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while the yuan hit a 13-month low on tariff risks and weakness in China’s economy. The yen, which has gained nearly 4.5% in the last two weeks,...
Central Banks Extend Easing Cycle in November as Uncertain 2025 Looms
Date: December 3, 2024
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Monetary easing by central banks across developed and emerging economies trundled along in November with markets warily gearing up for a new year that could bring tectonic shifts to the global policy making backdrop. Four of the six central banks overseeing the 10 most heavily traded...
Swiss Inflation Weaker Than Expected, Boosting Rate Cut Bets
Date: December 3, 2024
ZURICH (Reuters) -Swiss inflation rose less than expected in November, official data showed on Tuesday, boosting bets for a bigger interest rate cut by the Swiss National Bank next week. Swiss annual inflation advanced to 0.7% in November from 0.6% the previous month, according to figures from the Federal Statistics Office. The consensus forecast of...
Oil Prices Nudge Higher Ahead of Opec+ Meeting
Date: December 3, 2024
By Florence Tan and Colleen Howe SINGAPORE (Reuters) -Oil prices nudged higher on Tuesday but remained within a narrow trading range, as traders awaited the outcome of an OPEC+ meeting later this week. Brent crude futures rose 31 cents, or 0.4%, to $72.14 a barrel by 0704 GMT, after dropping 1 cent in the previous...
Euro Drops as French Government Crisis Escalates
Date: December 3, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit. The greenback, meanwhile, extended gains after strong U.S. manufacturing data from both the Institute for Supply Management and S&P...