MILAN, July 31 Reuters European travel stocks stumbled into some profittaking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will keep supporting the sector. An index of European travel and leisure stocks has risen 33 over the last year, beating even market […]

MUMBAI, July 31 Reuters The Indian rupee will be looking to recover on Monday, tracking the move higher in Asian peers on betterthanexpected China data. Nondeliverable forwards indicate the rupee will inch up to the U.S. dollar at open from 82.2475 in the previous session. The domestic currency on Friday had its worst session in […]

SINGAPORE, July 31 Reuters The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan BOJ loosened its grip on interest rates, but it remained on track for its first monthly gain against the dollar since March. There is plenty on the agenda in […]

Brewer Heineken slides after profit warning EZ banks edge up after stress test results Euro area inflation seen easing in July July 31 Reuters European shares were broadly flat on Monday ahead of data that is expected to show euro zone inflation eased in July, likely supporting the view that the European Central Bank will […]

LONDON, July 31 Reuters Traders cut their bets on a continuing rally in the pound by the most since midJune ahead of a Bank of England rate decision on Thursday, after inflation slowed more than expected last month. Sterling has surged 24 from a record low of 1.033 against the dollar in September after a […]

PREVIOUS TRADING DAY EVENTS 28 July 2023 The Bank of Japan BOJ left rates unchanged again, BOJ Policy Rate remained at 0.10. The Policy Board decided to conduct yield curve control with greater flexibility, surprising the market with a yield curve control tweak. While the BOJ kept interest rates at ultralow levels, it said the […]