Pound Rises Versus Dollar and Euro on Strong Risk Appetite

Sept 26 Reuters Sterling rose on Thursday to within striking distance of its twoandahalfyear peak against the dollar after China39;s stimulus plan boosted investors39; risk appetite. The pound usually appreciates when investors go for risky assets such as equities, which jumped on Thursday. Monetary policy divergence between the Bank of England and other major central banks is […]
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Most Major Gulf Markets Gain on China StimulusLed Optimism

Sept 26 Reuters Most major stock markets in the Gulf climbed in early trade on Thursday, in line with Asian shares, supported by news of aggressive economic stimulus from China, although geopolitical tensions in the region limited the upside. China39;s central bank on Tuesday unveiled its biggest stimulus since the pandemic to pull the economy out of […]
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China Rally Propels STOXX 600 to near Record High

STOXX 600 up 1.2 HM down after it can39;t meet reach its FY earnings margin goal Swiss National Bank cuts rate by 25 bps Sept 26 Reuters European shares jumped on Thursday, buoyed by optimism over fresh stimulus measures from China, while investors awaited remarks from the European Central Bank president. The panEuropean STOXX 600 […]
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South African Rand Edges Up ahead of Local Data Releases

JOHANNESBURG, Sept 26 Reuters South Africa39;s rand edged higher early on Thursday, ahead of the release of a quarterly bulletin by the central bank and monthly producer inflation figures. At 0653 GMT, the rand traded at 17.1975 against the dollar , about 0.5 stronger than its previous close. The South African Reserve Bank SARB will […]
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