LONDON, Sept 25 Reuters The pound dipped to its lowest in six months against the dollar and its weakest in four months against the euro on Monday, as jitters across asset classes hurt the currency already bruised by markets39; reevaluation of the Bank of England39;s rate outlook. The BOE kept rates on hold last week the […]

Treasury yields nudge at 4.50, dollar gains Chinese shares retreat on property fears, preholiday caution Investors assess outlook ahead of U.S. inflation figures LONDON, Sept 25 Reuters Global shares fell on Monday, extending last weeks slide as central banks reinforced the message that interest rates would stay higher for longer, while investors braced for highstakes […]

PREVIOUS TRADING DAY EVENTS 22 Sep 2023 Eurozone PMIs show a grim picture again for the economy in that region. It will likely contract in the third quarter with no chance for significant growth. The numbers for PMI services in the eurozone paint a grim picture, said Cyrus de la Rubia, chief economist at Hamburg […]

LONDON, Sept 25 Reuters The dollar rose against the yen to an almost 11month high on Monday, keeping traders focused on Japan intervention risks after the Bank of Japan and Governor Kazuo Ueda quashed hopes of any imminent move away from its stark ultraloose monetary policy. In the broader currency market, the dollar steadied after […]

Sept 22 Reuters Global equity funds recorded massive outflows in the seven days ending Sept. 20 on concerns that the Federal Reserve might maintain its tighter monetary policy for longer to curb inflation. According to LSEG data, investors withdrew a net 4.52 billion out of global equity funds, the most in a week since August […]