Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data
A bank employee gathers U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire...
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EU committee backs law to relocate euro clearing from London to bloc
European Union flags fly outside the European Commission in Brussels, Belgium, November 8, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
UK’s FTSE 100 falls as miners weigh; Rolls-Royce jumps
A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district, whilst...
EU trailing UK capital market reforms, Frankfurt bourse official says
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 28, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Nov 28 (Reuters) - The EU is falling behind Britain in tapping into savers' money to boost the stock market, despite reforms in continental Europe being a step in the right direction, an official with Germany's bourse told Reuters."In terms of policy change, in the UK there's a realisation that we need to incentivise more capital; we're not there yet in Germany," said Stefan Maassen, head...
Canada banks’ quarterly profits seen hit by rising provisions
A sign for the Bank of Montreal in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsTORONTO, Nov 27 (Reuters) - Canada's big banks are likely to wrap up a challenging financial year with another quarter of declining profits and rising bad debt provisions amid a slowing economy.The big six banks have axed thousands of jobs this year as investment banking fees lagged and business south of the border weakened due to the U.S. regional banking crisis.While high interest rates have boosted the banks' lending margins, residential...
Miners, energy stocks drag UK’s FTSE 100 lower
A man wearing a protective face mask walks past the London Stock Exchange Group building in the City of London...
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
Governor of the Bank of England Andrew Bailey addresses the media during a press conference concerning interest rates, at the...
Sterling steady, dollar wobbles as markets brace for post-Thanksgiving buzz
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha Acquire Licensing...
UK consumer confidence jumps despite lingering inflation pain
A woman with shopping bags waits for a bus, Hanley, Britain, November 20, 2023. REUTERS/Carl Recine/File Photo Acquire Licensing RightsLONDON,...
EU’s von der Leyen says extremist violence in West Bank settlements must stop
A Palestinian girl and a women stand behind window shield for houses that are attacked by Israeli settlers in Huwara,...
