monetary-policy
TradingSterling Rises Versus Euro Towards Its 2-1/2-year High
BankingECB’s Lane Says Bank Should Focus on Future Risks for Policy Decisions, Ft Reports
InvestingMorning Bid: Trump Changes Tune on Strong Dollar
InvestingAsia Stocks Rise After Wall Street Records; Dollar Rebounds
World Stocks Head for Biggest Monthly Gains Since May as Trump Trades Lift Wall Street
Date: November 29, 2024
By Naomi Rovnick LONDON (Reuters) -Global shares headed on Friday for their biggest monthly gains since May on hopes for strong U.S. growth, while Japanese rate hike bets and shifting euro zone monetary policy expectations put the dollar on track for its first weekly loss in four. MSCI’s broad gauge of world stocks traded steady...
French Preliminary Inflation at 1.7% in November, in Line With Forecasts
Date: November 29, 2024
(Reuters) – French consumer prices grew in line with expectations in November, with lower food prices and higher service prices compared to last year, preliminary data from statistics agency INSEE showed on Friday. France’s harmonized inflation rate, adjusted for comparison with other euro zone countries, increased to 1.7% in November, up from 1.6% in October...
Stocks, Dollar, Bond Yields Fall; Economic Data, Trump Tariffs in Focus
Date: November 28, 2024
By Sinéad Carew and Medha Singh (Reuters) -MSCI’s global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the latest economic data and the potential impact of policies from the incoming U.S. administration, including tariff threats. Oil prices settled close to flat after a large, surprise build in...
Dollar Falls Amid Economic Data Dump Before Long Weekend
Date: November 28, 2024
By Alden Bentley NEW YORK (Reuters) -The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed the risk that President-elect Donald Trump will start a tariff war no one will win. The decline further unwound the dollar’s recent rally. Few traders were...
Sterling Drops Versus Dollar, Flat Against Euro, Awaits Data
Date: November 27, 2024
By Stefano Rebaudo (Reuters) – Sterling rose against the dollar and was little changed versus the euro on Wednesday, with investors focused on the market reaction to U.S. President-elect Donald Trump’s tariff promises. Markets will closely watch the U.S. economic data later in the day, which could affect the Federal Reserve’s easing path. The greenback...
France’s CAC 40 Drops 1% on Budget Angst, European Auto Stocks Struggle
Date: November 27, 2024
By Joao Manuel Vicente Mauricio and Ankika Biswas (Reuters) -French stocks dropped to an over three-month low on Wednesday, knocked down by investor dread over the new government and its budget, while continued worries over the impact of Trump’s proposed tariffs kept European automobile stocks under pressure. The pan-European STOXX 600 was down 0.3% as...