China retained its benchmark lending rates on Friday even after the US Federal Reserve reduced its rate by a sharper-than-expected ...
On Wednesday, the Federal Reserve enacted a 50 basis point rate cut, ensuring the mood in equity markets was largely bullish this week. The Bank of England followed with a hold on Thursday. Elsewhere ...
Rachel Reeves has “damaged the economy” by causing a downturn in consumer confidence with her repeated warnings of tax rises ...
The Federal Reserve on Wednesday afternoon (September 18th local time) lowered the federal funds rate to the range of 4.75 ...
LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, ...
Brent oil was quoted at USD74.57 a barrel early Friday, from USD75.05 at the time of the London equities close on Thursday. Gold climbed to USD2,594.59 an ounce from USD2,585.15. Friday's economic ...
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Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect. But it's far from clear why the UK government or ...
The Bank of Japan maintained its benchmark rate unchanged as widely expected on Friday. In a unanimous vote, the Policy Board ...
Consumer confidence falls sharply as households ‘nervously’ await Budget Consumer confidence has fallen sharply in 'not ...
Wall Street is holding near its records after the Federal Reserve kicked off its efforts to prevent a recession with a bigger ...
The U.S. dollar weakened early Friday. A general mood of "risk on" is widely acknowledged as a "gently softer USD adds to the allure of risk assets," said Vishnu Varathan, head of Macro Research for ...