monetary-policy
Top StoriesOil Down on Middle East Talks While Investors Await Fed Meeting
Top StoriesEuropean Stocks Eke Out Gains After German Inflation Data; Deutsche Bank Drops
Top StoriesOil Falls on Middle East Talks, Dimming Near-Term US Rate Cut Hopes
Top StoriesECB’s Knot: Increasingly Confident About Disinflation
U.S. Stocks Gain at Top Data-Heavy Week Amid Suspected Yen Intervention
Date: April 29, 2024
U.S. stocks gain at top data-heavy week amid suspected yen intervention By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Monday and the yen surged amid suspected intervention as investors embarked on what promises to be an action-packed week. All three major U.S. stock indexes were modestly green at...
Japanese Yen Surges Against Dollar on Possible Intervention
Date: April 29, 2024
Japanese yen surges against dollar on possible intervention By Chuck Mikolajczak NEW YORK (Reuters) -Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low hit earlier on Monday, with traders citing yen-buying intervention by Japanese authorities for the first time in 18 months. The outsized move kicked off what...
Oil Prices Steady on Hamas Ceasefire Talks
Date: April 29, 2024
Oil prices steady on Hamas ceasefire talks By Deep Kaushik Vakil (Reuters) – Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears of a wider conflict in the Middle East, while U.S. inflation data dimmed the prospects of interest rate cuts anytime soon. Brent crude futures for June, which...
Global Stocks Gain on Big Tech Lift; Yen Swings to Fresh 34-yr Low
Date: April 26, 2024
Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan’s yen hit a fresh 34-year low after the Bank of Japan (BOJ) opted to keep monetary policy...
Global Economy Set to Stay on a Roll for the Rest of the Year – Reuters Poll
Date: April 26, 2024
Global economy set to stay on a roll for the rest of the year – Reuters poll By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists...
Dollar Firmer on Higher U.S. Inflation; Yen Sinks vs Euro, US Currency
Date: April 25, 2024
Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-than-expected inflation reading for the first quarter, affirming expectations that the start of the Federal Reserve’s easing cycle could be pushed later in the year....