Sterling Hovers near 1Month Low ahead of US Inflation Print

LONDON, Oct 10 Reuters The pound was flat on Thursday, hovering near its lowest level against the dollar in a month, as traders maintained a cautious stance and waited for potentially marketmoving U.S. inflation data due later in the day. Sterling held its ground at 1.3076, up marginally from Wednesday39;s trough of 1.3057, its lowest […]
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ZAR Edges Higher ahead of Local Data, US Inflation Report

JOHANNESBURG, Oct 10 Reuters South Africa39;s rand edged higher against the dollar on Thursday, ahead of local mining and manufacturing data and a U.S. inflation report. At 0727 GMT, the rand traded at 17.6275 against the dollar , 0.13 stronger than its previous close. The dollar index was steady against a basket of currencies. It […]
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London Stocks Regain Ground after Worst Session in 2 Months

Mondi jumps on Schumacher Packaging39;s assets deal CMC Markets39; first half income up 45, stock slides FTSE 100 up 0.7, FTSE 250 adds 0.9 Oct 9 Reuters British equities mostly rebounded on Wednesday, with the biggest boost from the real estate sector, while homebuilders extended declines from the previous session after brokerages cut Vistry39;s target […]
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Chinas Scorching Rally Takes a Breather to Wait on Stimulus

SINGAPORE, Oct 9 Reuters Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S. economy can avoid recession and support global demand. The New Zealand dollar fell 0.6 after the central bank cut interest rates by 50 basis points […]
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