UniCredit Cements Lead, TopPerforming Euro Zone Bank Stock

MILAN, Sept 21 Reuters Shares in Italian lender UniCredit rose further on Thursday, hitting their highest since January 2016 and cementing their lead as topperforming euro zone bank stock of 2023. UniCredit had gained 1.3 by 0756 GMT, bringing yeartodate gains to 74, comfortably making it the best performer within the euro STOXX bank index, followed by […]
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Gulf Stocks Trade Mixed on Hawkish Fed Stance

Sept 21 Reuters Major stock markets in the Gulf were mixed in early trade on Thursday after the U.S. Federal Reserve signalled that interest rates could stay higher for longer. The U.S. central bank held interest rates steady on Wednesday and projected an increase by yearend, saying monetary policy is likely to be significantly tighter through 2024 […]
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Japan Warns against postFed Yen Slide

Japan won39;t rule out any options vs yen Matsuno Important for currencies to move stably Matsuno Govt spokesperson39;s remarks echo those of FX diplomat Yen fall puts BOJ39;s meeting under spotlight TOKYO, Sept 21 Reuters Japan won39;t rule out any options in addressing excess volatility in currency markets, the government39;s top spokesperson said on Thursday, […]
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USD Rallies, JPY under Pressure ahead of BOJ Rate Decision

TOKYO, Sept 21 Reuters The dollar hit fresh peaks against a handful of currencies on Thursday, sitting around its highest versus the yen since early November, after the U.S. Federal Reserve struck a sternly hawkish tone after holding rates steady. Sterling and the euro sank to fresh multimonth lows as questions ramp up about whether […]
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South African Rand Strengthens ahead of Rate Decision

JOHANNESBURG, Sept 21 Reuters South Africa39;s rand strengthened in early trade on Thursday ahead of an interest rate decision by the central bank. At 0733 GMT, the rand traded at 18.8250 against the dollar , nearly 0.3 stronger than its previous close. At around 1300 GMT, the South African Reserve Bank SARB will announce its […]
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European Shares Slide on Hawkish Fed; BoE Up Next

Swiss National Bank leaves rates unchanged C.banks in Sweden and Norway hike rates again JD Sports on track to meet annual profit forecast; shares up Ocado slides after Exane downgrade STOXX 600 down 0.6 Sept 21 Reuters European shares fell on Thursday, tracking overnight losses on Wall Street after the U.S. Federal Reserve signalled higherforlonger […]
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UK Stocks Sag after Feds Hawkish Stance; Eyes on BoE

London stocks fall after Fed39;s hawkish stance BoE rate decision eyed Miners drag FTSE 100 FTSE 100 down 0.5, FTSE 250 off 0.6 Sept 21 Reuters London stocks slid on Thursday as U.S. Treasury yields climbed after the Federal Reserve signalled elevated interest rates for longer, while investors braced for the Bank of England39;s BoE […]
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