Featured URGENT: Most Fed officials leaning towards rate cut in Sept – minutes Yomna Yasser Aug 21, 2024 0 US Federal Reserve policymakers are leaning towards reducing interest rates at their next meeting in September,…
Stocks Asian shares slip as investors eye Fed policy Nada Ali Aug 21, 2024 0 Asian stocks took a breather after a stellar run on Wednesday as investors awaited key US economic data and…
Featured Sterling hits 1-m high as dollar weakens Aya El Sayed Aug 19, 2024 0 The pound sterling reached a one-month high against the dollar on Monday, buoyed by expectations of US interest…
Featured London stocks low at week opening Aya El Sayed Aug 19, 2024 0 London’s stock market kicked off the week with a subdued performance.
Featured URGENT: Powell hints at potential Sept. cut Aya Anwar Jul 31, 2024 0 Federal Reserve Chair Jerome Powell suggested that a rate cut could be possible as early as September if the…
Stocks Asian stocks near 2-yr highs on rate cut bets Nada Ali Jul 10, 2024 0 Asian stocks are near two-year highs on Wednesday due to expectations of US rate cuts.
Featured European stocks drop ahead of Powell’s Fed testimony Aya El Sayed Jul 9, 2024 0 European shares faced declines on Tuesday ahead of Federal Reserve Chair Jerome Powell's anticipated testimony,…
Stocks Asian stocks edge up on rate cut hopes, euro stumbles Nada Ali Jul 8, 2024 0 Asian stocks inched higher Monday as investors grew more confident about a potential US interest rate cut in…
Featured Sterling gains on weak dollar, UK services growth Aya El Sayed Jul 3, 2024 0 The pound strengthened on Wednesday, capitalising on a weakening dollar and a UK services sector report indicating…
Featured US Fed officials expect higher inflation this year Yomna Yasser Jun 12, 2024 0 US Federal Reserve officials are expecting a higher inflation rate this year, 2.6 per cent measured by the Personal…