LONDON, July 6 Reuters Sterling rose to a two week high against the euro on Thursday, after a survey from the Bank of England BoE showed British companies39; expectations for selling price inflation had cooled. The BoE39;s Decision Maker Panel showed expectations for output price inflation in the coming year fell to 5.3 in the three months […]

BUENOS AIRES, July 6 Reuters Brazil39;s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of less favorable interest rate spreads ahead, a Reuters poll showed. The real , appreciated last month to its firmest level in a year after several forecasts were […]

SINGAPORE, July 6 Reuters The dollar edged higher on Thursday after minutes from the U.S. Federal Reserve39;s latest policy meeting firmed bets for a rate hike this month, while a broad riskoff mood in Asia lent some support to the Japanese yen. Minutes of the Fed39;s June meeting released on Wednesday showed that the vast majority of […]

MUMBAI, July 6 Reuters The Indian rupee is likely to decline more on Thursday after minutes of the U.S. Federal Reserve39;s June meeting showed that almost all members expected more rate hikes this year. Nondeliverable forwards indicate rupee will open at around 82.30 to the U.S. dollar, compared with 82.2250 in the previous session. The […]

JOHANNESBURG, July 6 Reuters Emerging market currencies will hold on to gains into next year provided their respective central banks hold or only moderately prune alreadyhigh interest rates that have boosted carry trades, a Reuters poll found on Thursday. The June 30July 5 poll of 52 currency strategists found as long as most emerging market […]

TOKYO, July 6 Reuters AsiaPacific stock markets fell on Thursday, extending a decline in global equities, after the U.S. Federal Reserve confirmed its hawkish stance, while an escalating trade battle between China and the United States also dampened sentiment. U.S. 10year Treasury yields climbed to a fresh fourmonth high in Tokyo trading, and the dollar […]

United Utilities jumps after MS upgrade Chinaexposed stocks down on elevated SinoU.S. tensions Currys at lowest in two decades after profit fall June SP GlobalCIPS construction PMI 48.9 vs 51.6 in May Both FTSE 100 and FTSE 250 fall 1.2 July 6 Reuters UK39;s FTSE 100 touched a more than threemonth low on Thursday, as […]

PREVIOUS TRADING DAY EVENTS 05 July 2023 Yesterday a detailed record of the FOMCs most recent meeting was released. The minutes from the Feds meeting on  June 1314 show that while almost all officials deemed it appropriate or acceptable to keep rates unchanged in a 5 to 5.25 target range, many had supported the idea […]

STOXX 600 falls 1.2 Yellen begins China visit German industrial orders rose more than expected Embracer drops after discounted share issue July 6 Reuters European shares slumped on Thursday, as heightened concerns about an economic slowdown and further rate hikes globally dented risk sentiment, while shares of Embracer group slid after a discounted share issue. […]