Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe's surprising economic strength, boosted the Euro.
The Bank of England’s rate-setting body is likely to keep interest rates on hold at 5.25% for the sixth time in a row when it meets on Thursday, as stronger wage and inflation data has pushed back the ...
On May 1, 2024, Fed Chair Jerome Powell assured market watchers that any future policy moves are unlikely to involve rate hikes and kept its ... has ended eight years of negative interest rates ...
Concurrently, Wall Street displayed upward momentum following Federal Reserve chairman Jerome Powell's statement, signaling ...
Prominent housing and mortgage experts are downplaying the chance of an interest rate cut following the Bank of England ...
After two days of losses, the US market was back to its winning ways overnight led by Apple ( NASDAQ: AAPL), which posted ...
After two days of losses, the US market was back to its winning ways overnight led by Apple, which posted ...
Britain's blue-chip share index rose on Thursday as shares of Shell and Standard Chartered jumped after strong results, while ...
The Reserve Bank of Australia (RBA) and the Bank of England (BoE) will both convene next week[1] to decide ... range of 2-3% ...
2 May: ‘Higher-For-Longer’ Narrative Sinks Deeper Roots The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing costs are likely to remain ...
Rolling coverage of the latest economic and financial news ...
Will the RBA hike Australian interest rates? Unexpectedly high inflation in the March quarter has the market discounting cuts ...