SINGAPORE, Sept 16 Reuters The yen hit its highest levels in more than a year on Monday in trading thinned by a holiday in Japan, as market participants increasingly expected an oversized rate cut by the Federal Reserve later this week. Trading in Asia was slow, with markets in Japan, China and South Korea closed […]

MUMBAI, Sept 16 Reuters The Indian rupee was little changed on Monday, wedged between oil companies39; dollar demand and a rise in its Asian peers on the back of heightened odds of a 50 basis point U.S. rate cut later this week. The rupee was at 83.8925 against the U.S. dollar as of 1025 a.m. […]

Gold could reach 3,000 per ounce by mid2025 Citi Bullion up over 24 for the year Gold ETFs saw fourth consecutive month of inflows in August WGC Sept 13 Reuters Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of 3,000 per ounce coming into focus, fired up by […]

US regulators will make extensive changes to their bank-capital rules proposal, cutting the expected impact to the largest banks by half and exempting smaller lenders from large portions of the measure.

SINGAPORE, Sept 13 Reuters The dollar softened on Friday, with the yen hitting its highest level this year as investors remained on tenterhooks ahead of next week39;s central bank bonanza where the focus is on the Federal Reserve and the size of its expected interest rate cut. While the Fed is all but certain to cut rates […]

LONDON, Sept 13 Reuters The British pound gained slightly on Friday, adding to Thursday39;s rise off a threeweek low against the dollar, as the focus shifted to next week39;s UK inflation data and central bank meeting. Sterling edged up on the day at 1.3146, just above the 1.3127 it reached on Thursday, when it closed […]

France39;s inflation at 0.2 in Aug. AstraZeneca down after Deutsche Bank downgrades Worldline plunges on another guidance cut, CEO exit STOXX 600 up 0.5 Sept 13 Reuters European stocks advanced on Friday and were poised for weekly gains, supported by miners, while investors shifted their focus to the U.S. Federal Reserve ahead of a longawaited […]

FTSE 100 up 0.2, FTSE 250 adds 0.4 Sept 13 Reuters Mining stocks lifted London39;s bluechip index on Friday as investors raised their bets of a hefty U.S. interest rate cut next week, but gains were limited as a strong pound weighed on exportoriented companies. The FTSE 100 edged up 0.2, while the midcap FTSE 250 firmed […]

MUMBAI, Sept 13 Reuters The Indian rupee rose on Friday and dollarrupee forward premiums climbed on renewed hopes of a 50basispoint rate cut by the Federal Reserve next week, which also helped lift most Asian currencies. The rupee was up 0.05 at 83.9250 as of 1020 a.m. IST, compared with its close at 83.9650 in […]

LONDON, Sept 12 Reuters The British pound was steady on Thursday after hitting a threeweek low against the dollar the day before after data showed the UK economy stagnated in July, while focus turned to next week39;s key inflation print and central bank meeting. Sterling was little changed on the day at 1.3052 and trading […]