India stock market: The Indian stock market indices, Sensex and Nifty 50, are expected to continue the rally towards record high following positive global cues amid optimism over dovish monetary policy by the US Federal Reserve. Global market cues remain supportive with the Asian markets trading higher and US stock indices ending on a strong … Read more
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A general view shows the German stock exchange (Deutsche Boerse) in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights LONDON, Nov 21 (Reuters) – Deutsche Boerse’s (DB1Gn.DE) derivatives arm said on Tuesday that it has been building up volume in its Euribor futures contract in Frankfurt as the European Union vies with … Read more
The Indian stock market indices, Nifty 50 and Sensex, are expected to open on a weak note Friday tracking mixed cues from global peers. Asian markets rebounded from lows to trade higher, while the US stocks ended lower overnight dragged by selling tech shares and hopes of interest rates staying higher for longer after strong … Read more
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LONDON, Oct 22 (Reuters) – A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove its worth. A few countries have introduced central bank digital currencies (CBDCs), China is trialling a prototype yuan with 200 … Read more
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LONDON, Oct 3 (Reuters) – The world’s biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the U.S. Treasury market, the bedrock of the global financial system, 10-year bond yields have shot up to 16-year highs. In Germany, they touched their … Read more
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A steel worker of ThyssenKrupp walks in front of a blast furnace at a ThyssenKrupp steel factory in Duisburg, western Germany, November 14, 2022. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights BERLIN, Sept 25 (Reuters) – German business morale deteriorated slightly in September, falling for the fifth month in a row, a survey showed on Monday. … Read more
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Packs of 20-euro notes are seen at the Bank of Portugal fortified complex in Carregado, Alenquer, Portugal, May 17, 2022. Picture taken May 17, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing Rights ORLANDO, Florida, Sept 14 (Reuters) – The euro was already poised to weaken further before the European Central Bank’s latest rate decision, but in … Read more
LONDON, Sept 8 (Reuters) – Rising U.S. business bankruptcies may raise a red flag in what otherwise appears like an economy now impervious to rising interest rates. News of accelerating service sector growth last month and another drop in jobless claims this week are just the latest in a string of data showing the U.S. … Read more
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A money changer counts U.S. dollar banknotes at a currency exchange office in Ankara, Turkey October 12, 2021. REUTERS/Cagla Gurdogan Acquire Licensing Rights BENGALURU, Sept 7 (Reuters) – The dollar’s strength will be difficult to overcome for most major currencies by year-end, according to a Reuters poll of forex strategists who said the risks to … Read more
ORLANDO, Florida, Aug 25 (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for dollar bulls, especially given the contrasting picture elsewhere in the world. While the U.S. economy appears to be humming along … Read more