Finance

European shares slip but set for weekly gains; Mercedes drops

European shares slip but set for weekly gains; Mercedes drops

By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the p..

London blue-chips slip as sterling jumps after retail sales beat

London blue-chips slip as sterling jumps after retail sales beat

(Reuters) – UK shares slipped on Friday while the British pound jumped, though..

Dollar edges lower in choppy trading after Fed rate cut

Dollar edges lower in choppy trading after Fed rate cut

By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar edged sligh..

Fed rate cut glow spreads to Wall Street, jobs data helps

Fed rate cut glow spreads to Wall Street, jobs data helps

By Isla Binnie NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wa..

Bank of England leaves rates at 5%, pound hits highest since March 2022

Bank of England leaves rates at 5%, pound hits highest since March 2022

LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday a..

London stocks drop after inflation data, focus shifts to Fed

London stocks drop after inflation data, focus shifts to Fed

By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped o..

Sterling rises after UK inflation data and ahead of Fed

Sterling rises after UK inflation data and ahead of Fed

By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar..

US dollar edges lower as traders await Fed rate cut decision

US dollar edges lower as traders await Fed rate cut decision

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major cur..

How some hedge funds would trade a rate cutting cycle

How some hedge funds would trade a rate cutting cycle

By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates..

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded i..

US stocks, dollar rise with eyes on Fed and strong data

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and th..

US dollar strengthens ahead of Fed rate cut move

US dollar strengthens ahead of Fed rate cut move

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most maj..

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell ..

US stocks mixed, dollar weak on rate cut expectations

US stocks mixed, dollar weak on rate cut expectations

By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were..

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

(This Sept. 13 story has been refiled to remove Mellon in BNY company name in para..

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold bulls set sights on previously dismissed record $3,000/oz milestone

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are..

UK’s National Grid to sell electricity system operator in $827 million deal

UK’s National Grid to sell electricity system operator in $827 million deal

  (Reuters) -Britain’s National Grid said on Friday it had agreed to sell..

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on b..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, ..

Swiss banks fret over sanctions risk to wealth business

Swiss banks fret over sanctions risk to wealth business

By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted internation..

ECB cuts interest rates as growth dwindles

ECB cuts interest rates as growth dwindles

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Ban..

US stocks, dollar defensive, bonds rally as Harris harries Trump

US stocks, dollar defensive, bonds rally as Harris harries Trump

By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was o..

Portugal’s government sees growth at 2% in 2024 and 2025

Portugal’s government sees growth at 2% in 2024 and 2025

  By Sergio Goncalves LISBON (Reuters) – Portugal’s government expe..

German bank shares slide, DAX underperforms

German bank shares slide, DAX underperforms

  LONDON (Reuters) – German bank shares were among the worst performing E..

France withdraws pesto sauce brand after likely cases of botulism

France withdraws pesto sauce brand after likely cases of botulism

  PARIS (Reuters) -The French farm ministry on Tuesday said it detected five li..

Sterling edges up versus dollar and euro after UK data

Sterling edges up versus dollar and euro after UK data

By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the eur..

European shares rise on real estate boost

European shares rise on real estate boost

By Pranav Kashyap (Reuters) – European shares climbed on Tuesday, boosted by t..

Morning bid: China gloom overshadows Wall Street-led rebound

Morning bid: China gloom overshadows Wall Street-led rebound

A look at the day ahead in European and global markets from Rae Wee The rebound in g..

Stocks ease in jittery trading; Harris-Trump debate up next

Stocks ease in jittery trading; Harris-Trump debate up next

By Amanda Cooper LONDON (Reuters) – Global shares dipped on Tuesday, strugglin..

Dollar edges down before US inflation data, presidential debate

Dollar edges down before US inflation data, presidential debate

By Stefano Rebaudo (Reuters) -The dollar edged down on Tuesday before U.S. inflati..

US dollar regains footing as traders pare bets on big Fed rate cut

US dollar regains footing as traders pare bets on big Fed rate cut

By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar..

Wall Street follows world stocks higher ahead of central bank actions

Wall Street follows world stocks higher ahead of central bank actions

By Stephen Culp NEW YORK (Reuters) -U.S. stocks moved higher on Monday, following th..

LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit

LSEG, Intesa join STOXX Europe 50 as Deutsche Post, Reckitt exit

  MILAN (Reuters) – Britain’s LSEG , which owns the London stock ex..

Dollar rises as traders eye data-heavy week; yen strengthens

Dollar rises as traders eye data-heavy week; yen strengthens

By Saqib Iqbal Ahmed and Amanda Cooper NEW YORK (Reuters) – The dollar rose ..

Summery weather helps boost UK consumer spending, surveys show

Summery weather helps boost UK consumer spending, surveys show

  (Reuters) – British consumer spending increased modestly in annual term..

French finance ministry warns deficit at risk on tax shortfall-media

French finance ministry warns deficit at risk on tax shortfall-media

  PARIS (Reuters) – France is at risk of running a substantially bigger b..

Oil extends losses on weak China data, prospect of higher OPEC+ supply

Oil extends losses on weak China data, prospect of higher OPEC+ supply

  By Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on ..