monetary-policy
Top StoriesEuro Falls on Gloomy PMI Data, Dollar Hits 2-month High
Top StoriesUK Pay Deals Cool for First Time in 2023, Easing Pressure on BoE: XpertHR
Top StoriesDollar Firmer as Traders Look to Jackson Hole Gathering
Top StoriesUS Dollar Holds Modest Gains, Offshore Yuan Rises as Jackson Hole Is in View
Global Equities Rise as Traders Await Fed Meeting, Eye Earnings
Date: August 21, 2023
Global equities rise as traders await Fed meeting, eye earnings By Chris Prentice and Yoruk Bahceli NEW YORK (Reuters) -Global equities rose and U.S. treasury yields touched a more than 12-year high on Monday as investors awaited a Federal Reserve meeting later this week. Crude futures climbed on fewer exports from Saudi Arabia and high...
Euro Zone Inflation Fall Confirmed, Easing Pressure on ECB to Hike
Date: August 18, 2023
Euro zone inflation fall confirmed, easing pressure on ECB to hike FRANKFURT (Reuters) – Euro zone inflation slower further and even underlying price pressures appear to have peaked, Eurostat data showed on Friday, easing pressure on the European Central Bank to keep raising rates after its fastest rate-hike cycle on record. The ECB has lifted...
Rouble Strengthens as Market Anticipates Possible Capital Controls
Date: August 17, 2023
Rouble strengthens as market anticipates possible capital controls By Alexander Marrow and Elena Fabrichnaya (Reuters) – The Russian rouble strengthened to 93 against the dollar on Thursday, in a volatile week filled with speculation over how the authorities might stabilise the currency after a 350-basis-point rate hike appeared to have only a limited effect. The...
Norway Central Bank Raises Rate to 4.0%, Eyes September Hike
Date: August 17, 2023
Norway central bank raises rate to 4.0%, eyes September hike By Gwladys Fouche and Terje Solsvik ARENDAL, Norway (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September. Thursday’s hike had...
Rouble Strengthens Towards 96 vs Dollar After Emergency Rate Hike
Date: August 16, 2023
Rouble strengthens towards 96 vs dollar after emergency rate hike By Alexander Marrow (Reuters) -The Russian rouble strengthened towards 96 to the dollar on Wednesday, one day after the central bank hiked interest rates to 12% at an emergency meeting and amid speculation over what other steps Russia may take to prop up its struggling...
Marketmind: Stock Markets Tense as China Gloom Builds
Date: August 16, 2023
Marketmind: Stock markets tense as China gloom builds A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time this year, adding to an alarming picture of the world’s second largest economy from a sector that has become a persistent source...