monetary-policy
InvestingDollar Firms Against Yen as BOJ Leaves Open Timing of Hikes
InvestingGlobal Stocks Drop as Fed Signals Slower Pace of Rate Cuts
InvestingEuropean Shares End Lower on US Rate, Trump Jitters
BankingECB Should Cut Rates Further to Support Recovery, Cipollone Says
EU Commission Sees Euro Zone Economy Picking Up, Warns of US Protectionism
Date: November 15, 2024
By Jan Strupczewski BRUSSELS (Reuters) -Euro zone economic growth will pick up in 2025 and 2026 and inflation will slow, the European Commission forecast on Friday, but warned a protectionist U.S. trade policy under the Trump administration could be “extremely harmful”. U.S. President-elect Donald Trump, who will take office on Jan 20, has floated the...
Oil Prices Set for Weekly Loss on China Demand Fears
Date: November 15, 2024
By Robert Harvey and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, and were heading for a weekly loss, on worries about waning Chinese demand and expectations of fewer U.S. Federal Reserve interest rate cuts. Brent crude futures dropped 97 cents, or 1.34%, to $71.59 a barrel by 1011 GMT. U.S. West Texas Intermediate...
Morning Bid: No End in Sight for Trump-Fuelled Trade
Date: November 14, 2024
A look at the day ahead in European and global markets from Rae Wee Market movement over the past week or so since Donald Trump won the U.S. presidential election have been characterised by a turbo-charged rally in bitcoin, higher Treasury yields and a relentless U.S. dollar. And Thursday was no different. Never mind that...
European Shares, Dollar Higher; Bitcoin Above $91K
Date: November 14, 2024
By Samuel Indyk and Rae Wee LONDON (Reuters) -The dollar rose on Thursday, while longer-dated U.S. bond yields hovered near multi-month highs as investors bet that President-elect Donald Trump’s policies would fuel inflation and keep interest rates higher for longer European shares bounced from three-month lows after a number of positive earnings updates, while bitcoin...
Bank of England’s Mann Sees Inflation Pressure Keeping Rates High
Date: November 13, 2024
By David Milliken LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday. Mann cast the lone vote against cutting borrowing costs at a meeting of the BoE’s Monetary Policy...
UK Stocks Slip Ahead of U.S. Inflation Data; Smiths Group Rallies
Date: November 13, 2024
By Sruthi Shankar (Reuters) – The main UK stock indexes slipped on Wednesday as traders awaited key U.S. inflation data to gauge the path of monetary policy, while defence company Smiths Group rallied to record highs after upgrading its revenue outlook. The blue-chip FTSE 100 was down 0.1% at 1146 GMT, while the FTSE 250...