Finance

Stocks pinned near all-time highs, yen slips after Ueda’s comments

Stocks pinned near all-time highs, yen slips after Ueda’s comments

By Sruthi Shankar and Stella Qiu (Reuters) – World stocks hovered near record highs on Friday, underpinned by a big interest rat..

European shares slip but set for weekly gains; Mercedes drops

European shares slip but set for weekly gains; Mercedes drops

By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..

London blue-chips slip as sterling jumps after retail sales beat

London blue-chips slip as sterling jumps after retail sales beat

(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..

German tax revenue rose by 5.3% in August

German tax revenue rose by 5.3% in August

  By Maria Martinez BERLIN (Reuters) – Germany’s federal and state governments’ tax revenue rose 5.3% in August..

Dollar edges lower in choppy trading after Fed rate cut

Dollar edges lower in choppy trading after Fed rate cut

By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar edged slightly lower in choppy trading on Wednesday as market..

Fed rate cut glow spreads to Wall Street, jobs data helps

Fed rate cut glow spreads to Wall Street, jobs data helps

By Isla Binnie NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wob..

Bank of England leaves rates at 5%, pound hits highest since March 2022

Bank of England leaves rates at 5%, pound hits highest since March 2022

LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British governme..

London stocks drop after inflation data, focus shifts to Fed

London stocks drop after inflation data, focus shifts to Fed

By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped on Wednesday as investors reined in bets on interes..

Sterling rises after UK inflation data and ahead of Fed

Sterling rises after UK inflation data and ahead of Fed

By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar on Wednesday after UK inflation data boosted the ..

US dollar edges lower as traders await Fed rate cut decision

US dollar edges lower as traders await Fed rate cut decision

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..

How some hedge funds would trade a rate cutting cycle

How some hedge funds would trade a rate cutting cycle

By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..

US stocks, dollar rise with eyes on Fed and strong data

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..

US dollar strengthens ahead of Fed rate cut move

US dollar strengthens ahead of Fed rate cut move

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..

FTSE 100 rises ahead of key central bank meetings

FTSE 100 rises ahead of key central bank meetings

  By Khushi Singh and Lisa Pauline Mattackal (Reuters) -London’s benchmark stock indexes ended higher on Monday, led by gai..

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..

US stocks mixed, dollar weak on rate cut expectations

US stocks mixed, dollar weak on rate cut expectations

By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..

A Beginner’s Guide To Getting Started With Day Trading

A Beginner’s Guide To Getting Started With Day Trading

Explore a beginner’s guide to getting started with day trading in forex. Notably, online trading services continue to make day t..

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold bulls set sights on previously dismissed record $3,000/oz milestone

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..

ECB cuts interest rates as growth dwindles

ECB cuts interest rates as growth dwindles

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..

Bank of England eyes growth with lighter bank capital reforms for UK lenders

Bank of England eyes growth with lighter bank capital reforms for UK lenders

By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..

US stocks, dollar defensive, bonds rally as Harris harries Trump

US stocks, dollar defensive, bonds rally as Harris harries Trump

By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..

Portugal’s government sees growth at 2% in 2024 and 2025

Portugal’s government sees growth at 2% in 2024 and 2025

  By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..

German bank shares slide, DAX underperforms

German bank shares slide, DAX underperforms

  LONDON (Reuters) – German bank shares were among the worst performing European equities on Tuesday, as a selloff in U.S. ..

France withdraws pesto sauce brand after likely cases of botulism

France withdraws pesto sauce brand after likely cases of botulism

  PARIS (Reuters) -The French farm ministry on Tuesday said it detected five likely cases of food-borne botulism, a potentially f..

Sterling edges up versus dollar and euro after UK data

Sterling edges up versus dollar and euro after UK data

By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the vi..

European shares rise on real estate boost

European shares rise on real estate boost

By Pranav Kashyap (Reuters) – European shares climbed on Tuesday, boosted by the real-estate sector, while investors also awaite..

Morning bid: China gloom overshadows Wall Street-led rebound

Morning bid: China gloom overshadows Wall Street-led rebound

A look at the day ahead in European and global markets from Rae Wee The rebound in global share markets proved short-lived in Asia on ..

Stocks ease in jittery trading; Harris-Trump debate up next

Stocks ease in jittery trading; Harris-Trump debate up next

By Amanda Cooper LONDON (Reuters) – Global shares dipped on Tuesday, struggling to draw momentum from a rally on Wall Street as ..

Dollar edges down before US inflation data, presidential debate

Dollar edges down before US inflation data, presidential debate

By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflation data and the televised U.S. presidential debate..

US dollar regains footing as traders pare bets on big Fed rate cut

US dollar regains footing as traders pare bets on big Fed rate cut

By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencie..

Wall Street follows world stocks higher ahead of central bank actions

Wall Street follows world stocks higher ahead of central bank actions

By Stephen Culp NEW YORK (Reuters) -U.S. stocks moved higher on Monday, following their European counterparts, as markets looked ahead..

LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit

LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit

  MILAN (Reuters) – Britain’s LSEG , which owns the London stock exchange, and Italy’s No.1 bank Intesa Sanpaol..