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Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market...
Europe: Shares inch up to record high as inflation data sets stage for ECB rate cut
EUROPEAN shares rose to an all-time high on Friday (Aug 30), closing a turbulent month on a bright note after a significant drop in euro zone inflation cemented market...
Federal Reserve’s Bostic says it is ‘time to move’ on rate cuts, but wants to be sure
FEDERAL Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be “time...
Federal Reserve official says it is ‘time to move’ on rate cuts, but wants to be sure
FEDERAL Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be “time...
Fed rate cuts have mixed impact on stocks, so don’t get carried away
Investors should carefully examine the thesis for any purchases, especially since equities have been on a generally upward trajectory for the last two yearsTHE United States Federal Reserve is...
US dollar rebounds, traders seek clarity on US rate path
THE US dollar rebounded on Wednesday (Aug 28) after a recent run of declines that pushed it to its weakest in more than a year, as traders awaited economic...
China’s credit market sees first floating rate bond since 2020
CHINA’S credit market got its first floating-rate corporate bond in more than four years, offering investors an option to hedge against rising rates after yields saw their biggest monthly...
BOJ deputy governor sees rate hike justified if outlook realised
DEPUTY governor Ryozo Himino said the Bank of Japan (BOJ) will raise interest rates as long as inflation moves in line with the bank’s view, underscoring the central bank’s...