TOKYO, Aug 26 Reuters The dollar sank to a threeweek trough against the yen on Monday as Federal Reserve Chair Jerome Powell39;s emphatic dovish shift contrasted sharply with Bank of Japan chief Kazuo Ueda39;s steadfastly hawkish tone. The U.S. currency hovered near its lowest in 13 months against the euro, and sagged closer to levels last seen in […]

STOXX 600 flat German business morale down to 86.6 Swiss nonfarm payroll rose 1.3 Aug 26 Reuters European shares were flat on Monday ahead of a raft of key economic data set to unfold through the week, while the technology sector kept gains in check. The panEuropean STOXX 600 index was flat at 518.22, as of […]

MUMBAI, Aug 26 Reuters An expected U.S. interest rate cut next month is unlikely to help the overvalued Indian rupee, even as its emerging market peers gain, bankers said. The rupee was nearly flat on Monday after Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to rate cuts. The move was in line […]

JOHANNESBURG, Aug 26 Reuters South Africa39;s rand weakened early on Monday, ahead of a slew of local economic data releases this week, which could give hints on the health of the local economy. At 0732 GMT, the rand traded at 17.80 against the dollar , 0.51 weaker than its previous close. The rand, like most […]

Previous Trading Days Events 23.08.2024  BOJ Gov Ueda Speaks Bank of Japan Governor Kazuo Ueda said in his National Diet testimony that the central bank could adjust monetary policy if its economic projections materialize, indicating a willingness to hike rates again. Core Retail Sales mm Retail Sales Ex Autos in Canada saw a bullish shift […]

As we show in our research, the impact of ratings on performance is quite stark and can not be understated.

Aug 23 Reuters Sterling climbed to a more than twoyear high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent the dollar sliding against several global currencies. Britain39;s pound jumped 0.7 to 1.3185, touching its highest since late March […]

LONDON, Aug 23 Reuters Societe Generale International will drop its membership of the London Metal Exchange39;s openoutcry trading floor, the exchange said on Friday, raising questions about the future of the ring. The world39;s oldest and largest market for industrial metals has steadily lost members over the years for the ring, the last openoutcry trading venue […]

SINGAPORE, Aug 23 Reuters The yen rose on Friday as traders considered comments from Bank of Japan Governor Kazuo Ueda, who sought to calm lingering nerves after a surprise rate hike last month, while markets braced for a speech from Federal Reserve Chair Jerome Powell. With the spotlight squarely on the central bankers, Ueda appeared first in Japan39;s […]

Nestle down after CEO change Melrose Industries down after UBS downgrades rating Jerome Powell39;s speech at 1400 GMT STOXX 600 up 0.1 Aug 23 Reuters European shares were largely flat on Friday, navigating through mildly turbulent trading, as investors were cautious ahead of Federal Reserve Chair Jerome Powell39;s eagerlyawaited speech later in the day. The […]