Yen slips after BOJ stands pat, soft data dents dollar
SINGAPORE, June 16 (Reuters) - The yen lost some ground after the Bank of Japan on Friday maintained ultra-low interest...
archiveMKTREP
Pound treads water against dollar, dips versus euro as ECB hikes rates
LONDON, June 15 (Reuters) - Sterling struggled to make headway against the dollar and eased against the euro on Thursday after the European Central Bank raised interest rates to their highest level in more than two decades.At 1300 GMT, sterling was stuck at $1.2661 , but had surrendered earlier gains against the euro, which was up 0.22% at 85.74 pence .The ECB said it expected inflation to hover above its 2% target rate through to 2025 and hinted at more interest rate hikes, even as the euro zone economy lags.The...
US stocks drop after Fed signals more rate hikes to come
Fed holds rates steady, signals more hikes by year endUnitedHealth sinks after cost warningIndexes: Dow -1.19%, S&P 500 -0.61%, Nasdaq...
European shares rise on Fed pause hopes
Fed meeting eyed later in the dayEntain to buy Poland-based betting operator for $946 mlnLogitech slides after CEO exitGrifols surges on plan to reduce stake in Shanghai RAASSTOXX 600 up 0.4%, European banks add 1.1%June 14 (Reuters) - European shares rose on Wednesday, supported by banks and miners, ahead of a broadly priced-in pause in interest rate hikes by the U.S. Federal Reserve.The pan-European STOXX 600 index (.STOXX) closed 0.4% higher.Banks (.SX7P), which tend to benefit from higher rates, rose 1.1%. Italy (.FTMIB) and Spain's (.IBEX) lender-heavy indexes rose 0.9%...
Dollar retreats ahead of US inflation data, yuan weakens on short-term rate cut
SINGAPORE, June 13 (Reuters) - The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors...
US dollar inches higher ahead of inflation data, Fed rate decision
Fed seen pausing rate hike this weekECB expected to raise rates in June, JulyBOJ seen keeping ultra-easy policy stanceNEW YORK,...
Asia shares meander ahead of c.bank meetings
MSCI Asia ex-Japan touches highest since April 21Fed expected to skip rate hike this weekOil slides over 1% over China...
Dollar gains before Fed meeting, inflation data
NEW YORK, June 9 (Reuters) - The dollar bounced off two-week lows on Friday as investors awaited inflation data and...
European shares slip as central-bank meetings loom, Croda falls on profit warning
Croda profit warning weighs on other chemical firmsAll eyes on Fed, ECB policy meetings next weekSTOXX off 0.2%, ends week 0.5% downJune 9 (Reuters) - European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines ahead of crucial updates from the U.S. Fed and European Central Bank (ECB), while Croda slid on a tepid profit outlook.The pan-European STOXX 600 index (.STOXX) closed 0.2% down and ended the week 0.5% lower.Investors feared that the Fed could opt for a hawkish stance in its meeting...
Oil prices partially recover after US, Iran deny reported nuclear deal
White House rebuts reports of Iran oil dealFed expected to keep interest rates on hold in JuneU.S. crude stocks fall, gasoline inventories riseJune 8 (Reuters) - Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal.Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for Tehran reducing uranium enrichment.A spokesperson for the White House National Security Council called the...