monetary-policy
TradingU.S. Dollar Rallies to More Than 2-year Hike on Steep Fed Rate Hike Outlook
Top StoriesUK Stocks Fall on Hawkish Cenbanks, Weak Retail Sales Data
InvestingWall Streets Sinks, Bond Yields up as Powell Suggests Aggressive Fed Policy
Top StoriesECB’s De Guindos Backs Ending Bond Purchases in July
Sterling Falls to a 10-day Low Versus Euro, Flat Against Dollar
Date: April 21, 2022
By Stefano Rebaudo (Reuters) – Sterling fell to a 10-day low against a strengthening euro, with investors staying focused on the respective future monetary policy paths of the Bank of England and other major central banks. BoE Monetary Policy Committee member Catherine Mann will speak in London at 1300 GMT, while other central bank speakers...
Swiss National Bank Chairman Sees Inflation Rise as Temporary
Date: April 20, 2022
By John Revill ZURICH (Reuters) – The Swiss National Bank sees the current increase in inflation as a temporary phenomenon, Chairman Thomas Jordan said on Tuesday, although the central bank would keep a close eye on the situation. Central banks including the U.S. Federal Reserve and the Bank of England have started raising interest rates...
Earnings Boost Wall Street While Growth Fears Sink Oil
Date: April 19, 2022
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks surged Tuesday on the back of stronger than expected corporate earnings, but bleak forecasts on global economic growth pushed up bond yields and drove down oil. The tech-heavy Nasdaq led the way for gains in U.S. markets, as many corporations began to report stronger than expected earnings....
Dollar Climbs to Fresh 20-year High on Yen, Tests 2-year Peak on Euro
Date: April 19, 2022
By Joice Alves LONDON (Reuters) – The dollar rose on Tuesday to a fresh 20-year high against the Japanese yen and tested a two-year peak against the euro, supported by high U.S. Treasury yields. Ten-year U.S. inflation-linked bond yields are within touching distance of turning positive for the first time in two years. The dollar...
European Stocks Down, Yen Hits 20-year Low as US Hikes Loom
Date: April 19, 2022
By Samuel Indyk and Elizabeth Howcroft LONDON (Reuters) – European shares were lower on Tuesday, while yields on 10-year U.S. inflation-linked bonds were close to turning positive for the first time in two years, as the prospect of aggressive Fed tightening to rein in inflation kept investors on edge. Investors were also preparing for the...
European Shares Fall as Ukraine Crisis, Fed Tightening Worries Weigh
Date: April 19, 2022
By Anisha Sircar (Reuters) -European shares were set for their worst day in nearly two weeks on Tuesday as worries about the war in Ukraine, aggressive monetary policy tightening by the U.S. Federal Reserve and a batch of upcoming earnings kept investors on edge. The pan-European STOXX 600 lost 0.8% after dropping 0.9% last week....