monetary-policy
TradingU.S. Dollar Continues to Garner Support From Fed Hike Expectations
InvestingGlobal Bond Funds See Big Outflows in Week to April 13
Top StoriesJapan’s Yen Bounces Briefly After Kuroda Comments
InvestingU.S. Stocks Dip, Bond Yields Climb on Tightening Concerns
Euro Hovers Near Two-Year Low vs Dollar as ECB Disappoints Markets
Date: April 14, 2022
By Hannah Lang (Reuters) – The euro plunged to a two-year low against the U.S. dollar on Thursday as comments from European Central Bank President Christine Lagarde were viewed as a sign that the ECB was in no rush to raise interest rates, in contrast with an aggressive monetary policy tightening effort by the U.S....
Short-Dated Yields, Euro Fall as ECB Refrains From Naming Stimulus Rollback Date
Date: April 14, 2022
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) -Short-dated euro zone bond yields and the single currency fell on Thursday as traders pared back rate hike bets after the European Central Bank signalled a steady reduction of stimulus and refrained from switching to a more hawkish stance. Bond yields have marched higher in recent weeks...
FTSE 100 Slips as Stronger Pound, Energy Stocks Weigh
Date: April 14, 2022
By Devik Jain (Reuters) -London’s FTSE 100 slipped on Thursday and was on track to snap five straight weeks of gains, as energy stocks declined and a stronger pound hit large dollar-earning companies, while Wizz Air jumped after issuing a positive travel outlook. The blue-chip FTSE 100 fell 0.2%, with oil majors BP and Shell...
Fearing High Inflation, ECB to Stay on Course to Unwind Stimulus
Date: April 14, 2022
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank may outline on Thursday a clearer schedule for unwinding its extraordinary stimulus, as worries over record-high inflation trump concerns about a war-related recession. The ECB has been reducing the pace of its money-printing programme for months but it has so far avoided committing...
U.S. Dollar Climbs to Near 20-year Peak vs Yen as More Fed Hikes Loom
Date: April 13, 2022
By Hannah Lang and Saikat Chatterjee WASHINGTON/LONDON (Reuters) – The U.S. dollar soared to a nearly 20-year high against a sluggish yen on Wednesday, as aggressive tightening from the Federal Reserve contrasted sharply with the Bank of Japan’s ultra-loose monetary policy. The greenback rose as high as 126.32 yen, its strongest level since June 2002....
UK Midcaps Slip as Inflation Hits 3-decade High; Tesco Slides
Date: April 13, 2022
By Devik Jain (Reuters) -UK midcaps slipped on Wednesday after data showed annual inflation last month rose to a three-decade high, intensifying a cost-of-living squeeze faced by households and hit to the profits of supermarket companies like Tesco. The domestically focused FTSE 250 index ended 0.1% lower, extending its year-to-date loss to 10.7% on concerns...