LONDON, Oct 12 Reuters The pound edged lower on Thursday, off a threeweek high after data showed Britain39;s economy only partially recovered in August after a sharp drop in the prior month. After last year39;s surge in inflation and 14 backtoback interest rate hikes by the Bank of England BoE, Britain is seeing only sluggish growth. […]

PREVIOUS TRADING DAY EVENTS 11 Oct 2023 According to yesterdays PPI data report, the S. producer prices increased more than expected in September amid higher costs for energy products and food. The producer price index for final demand rose 0.5 last month after accelerating by an unrevised 0.7 in August. The increase in these prices […]

SINGAPORELONDON, Oct 12 Reuters The dollar meandered near a twoweek low on Thursday ahead of U.S. inflation data that will help shape the Federal Reserve39;s next policy steps, a day after the release of minutes from the Fed39;s last meeting showed policymakers taking a cautious stance. The dollar index , which measures the U.S. currency against six […]

World shares at 3week high as peak rates debate intensifies Dollar hovers at 2week low Oil prices tick higher again after sharp fall this month Middle East troubles remain in focus LONDON, Oct 12 Reuters World shares rose while the dollar and bond market borrowing costs held steady on Thursday, ahead of key U.S. inflation […]

Russian rouble climbs to over 2week high vs dollar Move comes after Putin reimposes currency controls Rouble had slumped to over 18month low this week Analysts expect rouble to firm more in coming weeks Oct 12 Reuters Russia39;s rouble leapt against the U.S. dollar on Thursday after President Vladimir Putin ordered the mandatory sale of […]

JOHANNESBURG, Oct 12 Reuters The South African rand slipped on Thursday against a stronger dollar after U.S. inflation rose more than expected, fuelling concerns that the Federal Reserve will keep interest rates high for a while. At 1526 GMT, the rand traded at 18.9500 against the dollar , about 0.6 weaker than its previous close, […]

U.S. stocks end higher Bond yields tumble again but remain high Oil prices fall; eyes remain on IsraelHamas war NEW YORK, Oct 11 Reuters Global stock indexes rose on Wednesday as minutes from the last U.S. Federal Reserve meeting showed policymakers on cautious footing last month, while benchmark 10year Treasury notes fell to about a […]

MUMBAI, Oct 12 Reuters The Indian rupee on Thursday will be boosted by the pullback in oil prices and softer U.S. Treasury yields, while investors wait for the important U.S. inflation data due later in the day. Nondeliverable forwards indicate rupee will open marginally higher than 83.1875 in the previous session. Brent crude dipped in […]