Stocks higher after Trump win and Bank of England interest rate cut
Money markets are strongly betting that the benchmark rate will fall from its current level of 5% to 4.75%.
Money markets are strongly betting that the benchmark rate will fall from its current level of 5% to 4.75%.
ATHENS (Reuters) - The European economy would suffer if Donald Trump enacted his pledges on tariffs and trade barriers, and this could impact European Central Bank policy, Greek...
In a recent report, the Energy Information Administration (EIA) announced the latest figures for the Natural Gas Storage. The report measures the change in the number of cubic feet...
Rising U.S. Treasury yields and a strengthening in the value of the dollar in the wake of Donald Trump's return to the White House are threatening to counteract the Federal Reserve's efforts to lower interest rates. The Federal Reserve is expected to cut its benchmark interest rate by 25 basis points on Thursday, marking a back-to-back reduction and bringing the policy rate to a range of 4.5%-4.75%, the lowest since February 2023. The bond market appears less influenced by the Fed's dovish stanc
The euro (EUR) has remained in a narrow trading range against the US dollar (USD) for much of 2023, with UBS analysts predicting that this trend may persist into the entire...
In a recent economic update, Wholesale Inventories, a key indicator of the total value of goods held by wholesalers, saw a further decrease. The actual number came in at -0.2%,...
- Cardano was trading at $0.3891 by 11:01 (16:01 GMT) on the Index on Thursday, up 10.03% on the day. It was the largest one-day percentage gain since...
By Marcela Ayres BRASILIA (Reuters) - Economists raised their projections for Brazil's borrowing costs at the end of its tightening cycle after the central bank accelerated its...
Zurich, Switzerland, November 7th, 2024, Chainwire Hyperbridge Launches on Polkadot with Support for Ethereum, Optimism, BNB Chain, and More Hyperbridge, the highly anticipated...
Voters unhappy over soaring prices, including runaway housing costs, helped put Donald Trump back in the White House. But what will a second Trump presidency mean for home buyers and sellers?