monetary-policy
Top StoriesFTSE 100 Edges Lower as Financials Drag; ECB Meeting in Focus
Top StoriesBank of England’s Greene Says Rate Cuts Should Be “a Way Off”
Top StoriesOil Prices Edge up on Escalation in Middle East Tensions
Top StoriesECB to Set up June Rate Cut After Rapid Disinflation
Dollar Firms, Yen Fragile as Fed Cut Wagers Crumble
Date: April 11, 2024
Dollar firms, yen fragile as Fed cut wagers crumble By Ankur Banerjee SINGAPORE (Reuters) -The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed lingering expectations of the Fed starting its rate-cutting cycle in June, while the yen languished at the levels last seen in the middle of 1990. Investor focus will now...
Asian Shares Fall on U.S. Rate Scare, Yen Plumbs 34-yr Low
Date: April 11, 2024
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to slash bets on how much the Federal Reserve might ease this year, sending the dollar flying to a 34-year high against the beleaguered...
European Shares Rebound From One-Month Low; ECB Rate Verdict up Next
Date: April 10, 2024
European shares rebound from one-month low; ECB rate verdict up next By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with investors turning their focus to the European Central Bank’s monetary policy decision on Thursday. The pan-continent...
World Stocks Mixed Ahead of US Inflation, Metals Soar
Date: April 9, 2024
World stocks mixed ahead of US inflation, metals soar By Tom Westbrook and Samuel Indyk LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation data and a crucial European Central Bank meeting, while industrial metals prices extended recent gains on expectations of a worldwide manufacturing rebound. The pan-European STOXX 600...
US Dollar Struggles for Direction Ahead of Data Despite Rise in Yields
Date: April 9, 2024
US dollar struggles for direction ahead of data despite rise in yields By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on Wednesday, while U.S. Treasury yields rose with markets scaling back their bets on future Federal Reserve rate cuts. The yen hovered near...
US Dollar Skids Ahead of Inflation Data; Yen Not Far From 1990 Lows
Date: April 8, 2024
US dollar skids ahead of inflation data; yen not far from 1990 lows By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to near 34-year lows, with traders remaining alert for any potential action from Japanese authorities to...