monetary-policy
Top StoriesYuan Slides After Pboc, Dollar Little Changed on Mlk Day
Top StoriesDollar Dips After Soft US Inflation Data, Aussie, New Zealand Dollars Outperform
Top StoriesEuro Zone Economy Bottoming Out, but Outlook Weak, ECB Policymakers Say
Top StoriesDollar Edges Lower, Traders Focus on Data for Fed Clues
Stocks, Bond Prices Ease in See-Saw Session as Investors Mull ‘soft Landing’
Date: January 5, 2024
Stocks, bond prices ease in see-saw session as investors mull ‘soft landing’ By Herbert Lash and Naomi Rovnick NEW YORK/LONDON (Reuters) -Bond prices and a gauge of global equity performance eased in choppy trading on Friday after a surprisingly strong U.S. employment report increased the odds that the Federal Reserve can engineer a “soft landing”...
Euro Zone Inflation Jump Cools Case for ECB Rate Cuts
Date: January 5, 2024
Euro zone inflation jump cools case for ECB rate cuts By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation jumped as expected last month, supporting the European Central Bank’s case to keep interest rates at record highs for some time, even as markets continued to bet on a rapid fall in borrowing costs. Inflation across the...
German Inflation Rises in December Due to Base Effects
Date: January 4, 2024
German inflation rises in December due to base effects By Maria Martinez BERLIN (Reuters) -German inflation rose in December due to base effects, putting a temporary halt on the downward trend seen in the last months and possibly offering the European Central Bank an argument in favour of keeping interest rates steady for some time....
European Shares Kick Off 2024 on Dour Note; Tech Stocks Lead Declines
Date: January 2, 2024
European shares kick off 2024 on dour note; tech stocks lead declines By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s benchmark stock index capped off the first trading day of the New Year lower with technology stocks amongst top decliners on Tuesday, as traders bid adieu to an upbeat 2023 that was fuelled by expectations...
For Investors, 2024 Is Year of Transition to a New Economic Order
Date: January 2, 2024
For investors, 2024 is year of transition to a new economic order By Paritosh Bansal (Reuters) – Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them. Markets rallied as a result, but 2024 could hold surprises as the world adjusts to an...
Dollar Hits 5-mth Low Against Euro as Fed Seen Closer to Rate Cuts
Date: December 28, 2023
Dollar hits 5-mth low against euro as Fed seen closer to rate cuts By Karen Brettell NEW YORK (Reuters) -The dollar slipped to a five-month low against the euro and a basket of currencies on Wednesday on expectations the Federal Reserve could soon cut U.S. interest rates. But with many traders out for holidays volumes...