POL – Page 65 – Money Lowdown

Banking

Sterling firmest vs euro since December on signs European inflation cooling

May 31, 2023

LONDON, May 31 (Reuters) - Sterling hit a 5-1/2 month high against the euro on Wednesday after data showing lower...

Funds

Polish top court delays hearing on bill needed to get EU funds

May 31, 2023

WARSAW, May 31 (Reuters) - Poland's top court postponed on Wednesday a crucial hearing on the constitutionality of reforms designed...

Currencies

New Zealand-UK free trade agreement to start benefiting exporters -NZ PM

May 30, 2023

WELLINGTON, May 31 (Reuters) - New Zealand companies will start to benefit from the country’s new free trade agreement (FTA)...

Money

Euro zone lending takes another hit from higher rates

May 30, 2023

FRANKFURT, May 30 (Reuters) - Euro zone bank lending slowed again in April, supporting the case for careful interest rate...

Finance

ECB warns of hit to top European banks if funds run into trouble

May 30, 2023

FRANKFURT, May 30 (Reuters) - The euro zone's top banks may take a hit if their financial clients, such as...

Currencies

Dollar eases as deal over US debt ceiling lifts risk appetite

May 30, 2023

SINGAPORE, May 30 (Reuters) - The U.S. dollar fell on Tuesday against a basket of major currencies but did not...

Stock Market

Analysis: Debt deal welcomed by investors, though risks loom

May 29, 2023

May 28 (Reuters) - Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline.A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk, while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and...