Gold prices rebound on Wednesday
Gold rebounded on Wednesday, rising 0.4 per cent to $4,222.22 per ounce as investors bet on a Federal Reserve rate…
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Rate Cut
Asian stocks rise on Wednesday
Asian stocks rose on Wednesday as weak US economic data boosted expectations of a Federal Reserve rate cut next…
Sterling steady on Tuesday ahead of BoE decision
Sterling edged slightly higher against the dollar on Tuesday and strengthened against the euro, as traders awaited…
ECB rate cut to keep inflation on track – Lane
The European Central Bank’s latest interest rate cut will support inflation returning to the 2 per cent target…
Sterling falls against euro but rises against dollar
Sterling fell against the euro on Wednesday, breaking a seven-day winning streak, as the euro gained 0.35 per cent…
Sterling edges higher ahead of BoE decision
Sterling rose 0.29 per cent against the dollar on Monday to 1.3305, supported by broad dollar weakness and investor…
Sterling nears 3-year high on solid UK fundamentals
The pound Sterling edged 0.20 per cent lower to $1.3409 versus the dollar on Tuesday but remained near its highest…
Sterling strengthens amid tariff concerns, gains 3.1% in April
The pound sterling traded steadily on Monday, poised for its strongest monthly performance against the US dollar…
Sterling slides as tariff fears, global volatility weigh on markets
The pound sterling fell to a one-year low against the euro and a seven-month low against the yen on Wednesday,…
ECB’s Rehn: Risks, inflation outlook support rate cut
Downside risks have intensified since March, strengthening the case for a rate cut at the European Central Bank's…
Sterling falls as Trump tariffs stoke recession fears
The pound sterling weakened against the dollar and euro on Monday as investors pulled back from risk-sensitive…
ECB rate cut likely in March, more to follow—Simkus
European Central Bank (ECB) policymaker Gediminas Simkus, who is also the Governor of Lithuania's central bank,…
Trump tariffs won’t derail easing plans – ECB’s Villeroy
European Central Bank Governing Council member François Villeroy de Galhau stated Thursday that potential trade…
URGENT: BoE cuts interest rate by 0.25 points
The Bank of England cut its interest rate by 0.25 percentage points to 4.75 per cent in its November 6 meeting,…
ECB to cut rates as inflation concerns rise – Villeroy
The European Central Bank (ECB) is likely to cut interest rates on October 17, 2024, due to weak economic growth…
ECB’s Rehn sees growing likelihood of rate cut this month amid eased inflation
Easing inflation pressures and a deteriorating eurozone economy are bolstering arguments for an interest rate cut…
Norges Bank keeps policy rate at 4.5%
Norges bank’s Monetary Policy and Financial Stability Committee decided to maintain the policy rate at 4.5 per cent…
URGENT: BOE holds interest rate at 5%
The Bank of England (BOE) decided on Thursday to keep interest rate at 5 per cent.
ECB’s Lane urges gradual rate reductions
European Central Bank (ECB) Chief Economist Philip Lane stated on Monday that the ECB should continue to cut…
ECB needs clearer data before next rate cut – Kazimir
The European Central Bank (ECB) will likely wait until December before considering another interest rate cut, ECB's…
Botswana central bank cuts interest rate by 25bps
The Monetary Policy Committee (MPC) of the Bank of Botswana on Thursday reduced the Monetary Policy Rate (MoPR) by…
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
UK pay awards decline as wage growth slows
Pay awards granted by British employers decreased in the three months to July, according to a survey by human…
UK property demand rises following Bank of England rate cut
British estate agents have reported increased buyer demand following the Bank of England's decision on August 1 to…
Sweden’s core inflation drops to 2.2% in July
Sweden’s core inflation rate fell to 2.2 per cent in July, slightly higher than economists’ 2.1 per cent forecast…
Sterling rises slightly after 4-week decline
Sterling showed a modest gain on Monday after four consecutive weeks of declines against the dollar, as traders…
UK house prices rise in July ’24
UK house prices increased by 0.8 per cent in July 2024, month-over-month, following a period of three relatively…
Sterling hits five-week low against dollar
The pound sterling fell to a five-week low against the dollar on Tuesday, trading at $1.2699, down 0.6 per cent and…
England cuts rates by 0.25%
The Bank of England (BOE) announced on Thursday a rate cut of 0.25 percentage points to 5 per cent following its…
BoE poised for possible rate cut – poll
The Bank of England (BoE) may cut interest rates on Thursday after keeping them at a 16-year high of 5.25 per cent…
Euro area inflation edges up to 2.6% in July
Euro area annual inflation rose to 2.6 per cent in July 2024, up from 2.5 per cent in June and remaining…
Australia’s inflation slows, raising odds of rate cut
Australia's core inflation unexpectedly slowed in the last quarter, supporting the Reserve Bank of Australia's…
European shares flat ahead of Fed meeting
European shares remained flat on Tuesday, with the pan-European STOXX 600 index edging up 0.1 per cent to 512.44…
Sterling falls on rate cut hopes, Reeves’ speech
The pound sterling dropped to its lowest level in two weeks on Monday as investors awaited the Bank of England's…
Sterling edges up, euro nears two-year low
Sterling gained against the euro on Wednesday, buoyed by stronger British business activity compared to the…
UK wage growth remains elevated, BoE targets inflation
wage growth for workers in Britain moderated In the three months leading up to the end of May, inflation remained…
June UK inflation stays at 2.0%
British inflation remained steady at 2.0 per cent last month, official data released on Wednesday revealed.
UK home asking prices fall amid rate cut hopes
Asking prices for British homes listed this month fell as some buyers await a potential interest rate cut by the…
Asia stocks soar on hopes of US rate cut
Asian stocks surged to 27-month highs on Thursday, buoyed by weaker US economic data that raised the likelihood of…
ECB needs to keep economy in check – Lane
Eurozone wage growth is expected to slow next year, but persistent inflationary pressures will prompt the European…