monetary-policy
InvestingEuropean Shares Slip as Credit Suisse Drags Banks Lower After Profit Warning
Top StoriesStocks Slip as Australia Rate Hike Heightens Policy Worries
Top StoriesTech Leads Europe Shares Lower on Tighter Monetary Policy Fears
Top StoriesEuro Zone Investor Morale Improves but Economy Still in Downturn
Russia Seen Cutting Key Rate by 100 Bps to 10% on Friday- Reuters Poll
Date: June 6, 2022
(Reuters) – The Russian central bank is expected to cut its key interest rate by 100 basis points to 10% on Friday as it tries to make lending more affordable amid sluggish consumer demand and a pause in inflation, a Reuters poll suggested on Monday. The bank has been gradually reversing an emergency rate hike...
ECB Rates Pledge Spurs Punchy Hedge Fund Euro Bets: McGeever
Date: June 6, 2022
By Jamie McGeever ORLANDO, Fla. (Reuters) -The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge funds to load up on euros. And that is exactly what they are doing. U.S. futures market data shows speculators are holding their biggest net-long euro position in 12 weeks, and...
Czech Central Banker Flags Potential Stronger Rate Tightening -Paper
Date: June 6, 2022
PRAGUE (Reuters) -The Czech National Bank might be forced to raise interest rates by more than its current course suggests if a dovish majority is created on its board, board member Tomas Holub said. There are three appointments to be made on the seven-seat board by the end of June, which might sway the majority...
Banks, Commodity Stocks Lift European Shares as Markets Await ECB Meet
Date: June 6, 2022
By Susan Mathew (Reuters) – European shares rose strongly on Monday, helped by banks and commodity-linked stocks, while investors kept an eye out for U.S. inflation data and details from a European Central Bank meeting later this week. The pan-European STOXX 600 index rose 0.8% after ending 0.9% lower last week on concerns about economic...
Euro Edges Higher as Risk Appetite Picks Up, Focus on ECB Meeting
Date: June 6, 2022
By Stefano Rebaudo (Reuters) – The euro edged higher on Monday as risk appetite picked up while investors awaited a European Central Bank (ECB) policy meeting later this week. Asian shares joined U.S. stock futures in making cautious gains ahead of U.S. inflation data this week. Markets, which have already priced in several ECB rate...
Marketmind: “Super Bad Feeling”
Date: June 6, 2022
A look at the day ahead in markets from Julien Ponthus. With the Nasdaq losing about a quarter of its value since the beginning of the year, no doubt some investors will share Elon Musk’s “super bad feeling” about the economy. But the Tesla CEO’s sentiment, shared with his executives in an email, might be...