EURUSD After falling by 0.28 in a week, EURUSD started a new trading week weaker at 1.0787, threemonth low. As the US economic data kept improving, showed the resilience of the US economy, the demand for USD remained intact while EZ economy has not yet fully improved, mainly in Germany, EZs biggest economy. The […]

Oct 28 Reuters The pound was on track for its biggest monthly fall since September 2023 against the dollar while being roughly unchanged versus the euro with markets focused on major central banks39; monetary easing paths. Bank of England officials showed last week a more cautious approach to policy easing, with Governor Bailey arguing inflation […]

MUMBAI, Oct 28 Reuters The Indian rupee ended flat on Monday, after briefly dipping to a lifetime low, pressured by the U.S. 10year yield climbing to its highest since late July. The rupee dropped to a record low of 84.0850 to the dollar in afternoon trade, slipping past the previous low of 84.0825 it had […]

Trainline jumps on raising annual forecast All eyes on Oct 30 budget FTSE 100 up 0.2, FTSE 250 adds 0.4 Oct 28 Reuters The UK39;s benchmark FTSE 100 index rose on Monday, led by travel and leisure shares as Trainline jumped following a guidance upgrade, but remained under some selling pressure from energy shares tracking […]

Oct 25 Reuters Canada39;s main stock index rose slightly on Friday, led by energy and technology shares, though gains were limited by telecom shares, while investors parsed domestic economic data. The Toronto Stock Exchange39;s SPTSX composite index was up 16.55 points, or 0.07, at 24,568.1, but was set to register a weekly loss. Among sectors, heavyweight […]

LONDON, Oct 25 Reuters The pound stayed on track for its biggest fourweek decline in over a year on Friday, albeit it steady on the day, as investors cling to the dollar in choppy political and macroeconomic waters. Sterling traders are also preparing for the new Labour government39;s first budget on Oct. 30. Finance minister Rachel Reeves […]

Airtel Africa bottoms FTSE 100 on lower HY results NatWest hits 13year high on raising FY forecast Abrdn down for second day after deep Q3 outflows FTSE 100 down 0.1, FTSE 250 up 0.1 Oct 25 Reuters London39;s bluechip stock index slipped on Friday and was on track for weekly losses, as investors assessed a […]

Mercedes car earnings plunge as China shuns luxury Electrolux slides on US woes and Chinese competition Signify shares soar as largely in line Q3 provides relief Oct 25 Reuters Europe39;s main stock index swung between losses and gains on Friday, and was set for a weekly fall, with a handful of weak corporate earnings from […]

JOHANNESBURG, Oct 25 Reuters South Africa39;s rand firmed on Friday while local investors geared up for the country39;s midterm budget next week. At 1510 GMT, the rand traded at 17.64 against the dollar , about 0.1 stronger than its previous close. The dollar last traded about 0.02 softer against a basket of currencies. With little […]

U.S. business spending plans exceed expectations German business sentiment improves, ECB inflation target on track Japanese yen strengthens ahead of BOJ meeting, election NEW YORK, Oct 25 Reuters The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was still on track for a fourth straight week of […]