Monday, December 23, 2024
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Markets brace for US election showdown in event-packed week

By Rae Wee SINGAPORE (Reuters) - Financial markets began the week on a cautious note on Monday, with shares in...

Bank of England rate cut expected despite ‘fiscal loosening’ of Budget

The Bank of England is expected to cut interest rates next week, despite forecasts that Labour’s autumn Budget could lead to higher inflation over...

Bank of England to press on with digital currency in case banks fall short, Bailey says

By David Milliken WASHINGTON (Reuters) - The Bank of England is reluctantly pressing on with work to create a form...

Today’s pound, gold and oil prices in focus: commodity and currency check, 23 October

Sterling lost ground against the dollar, slipping 0.1% to $1.2966, on Wednesday as the greenback rallied overnight amid strong...

Morning Bid: Stocks stunned by ASML curveball, pound plunges

A look at the day ahead in U.S. and global markets from Mike DolanWorld markets struggled to find a footing on Wednesday after Europe's...

Bank of England interest rate cut in November near certain after inflation drops

UK inflation has plummeted to 1.7%, below the Bank of England's (BoE) target for the first time in three years, sending shockwaves through the...

UK pay growth weakest since February 2021, REC survey show

LONDON (Reuters) - Britain's jobs market showed more signs of cooling in September as pay growth increased at the slowest pace in almost four...

BoE’s Pill says high interest rates not depressing investment

LONDON (Reuters) - High levels of interest rates are not a key reason behind weakness in British business investment, Bank of England Chief Economist...

Fastest annual house price growth in around two years recorded in September

September has seen the fastest annual house price growth in around two years, according to an index.UK house prices increased by 0.7% in September,...

A global hunt for neutral to shape world finance costs

By Howard Schneider and William SchombergWASHINGTON/LONDON (Reuters) - With key central banks now aligned in cutting interest rates a real-time experiment is underway in...

Charting the Global Economy: Fed Goes for Big Rate Cut as BOE Holds

(Bloomberg) -- The Federal Reserve kicked off its campaign to lower interest rates with a larger-than-typical half percentage-point cut, while the Bank of England...

Morning Bid: UK inflation to keep BoE on cautious path

A look at the day ahead in European and global markets from Rae WeeWith the Federal Reserve's highly anticipated rate cut done and dusted,...

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