Sterling's rally on yesterday's Bank of England communication looks fully justified ... The BoE does genuinely seem to be questioning whether inflation will come down as much as elsewhere in the world ...
The findings of the GfK survey chime with official retail sales figures also released on Friday which showed sales growth was ...
The dollar remains close to the lows of the year. Equity markets are reacting in a way that expects the Federal Reserve to ...
Specialist Genaro Saporito, foreground, works with traders at his post on the floor of the New York Stock Exchange, Wednesday ...
On Wednesday, the Federal Reserve enacted a 50 basis point rate cut, ensuring the mood in equity markets was largely bullish this week. The Bank of England followed with a hold on Thursday. Elsewhere ...
The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.
Brent oil was quoted at USD74.57 a barrel early Friday, from USD75.05 at the time of the London equities close on Thursday. Gold climbed to USD2,594.59 an ounce from USD2,585.15. Friday's economic ...
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Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
Norway's central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.
The S&P 500 jumped 1.7% topped its last all-time high set in July. The Dow Jones Industrial Average leaped 522 points for an all-time high.
SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in ...