LONDON, Jan 26 Reuters Sterling edged up against the dollar and euro on Friday, as traders looked ahead to a Bank of England policy meeting next week that will likely set the tone for the currency in the coming weeks. The Bank of England BoE is expected to hold interest rates at 5.25 on Feb. […]

LONDON, Jan 26 Reuters The U.S. dollar edged lower versus major currencies on Friday ahead of key inflation data later in the day, as traders weighed how the U.S. economy39;s faster than expected growth would influence Federal Reserve thinking on interest rate policy. Data on Thursday showed the world39;s largest economy grew more than forecast in the […]

Previous Trading Days Events 25 Jan 2024 All eyes were on the European Central Banks ECB rate decision release yesterday. It held the 3 key interest rates steady and reaffirmed its commitment to fighting inflation, commenting that soon will be the time for cutting borrowing costs. The ECB mentioned that it is too soon to […]

SINGAPORE, Jan 26 Reuters Investors positioning for Japan39;s first rate hike in nearly two decades have cooled on outright cash bets on the yen rising and turned to the options market to guard against any potential disappointment. Japanese inflation has run above policymakers39; target for well over a year and Bank of Japan BOJ Governor Kazuo […]

TOKYO, Jan 26 Reuters Tokyo Metro Co, which operates most of the Japanese capital39;s subway system, is set to go public a major privatisation effort by Japan as it seeks to take advantage of a stock market that has shot to 34year peaks. The company, which is 53.4 owned by the central government with the […]

Previous Trading Days Events 24 Jan 2024 As widely expected the Bank of Canada BoC held its key overnight rate at 5 on Wednesday and mentioned that cutting borrowing costs than hikes are more probable. Annual inflation in December accelerated to 3.4, still higher than the central banks 2 target but below a June 2022 […]

Diageo up after Remy Cointreau39;s sales beat UK consumer sentiment at twoyear high GfK FTSE 100 up 1.1, FTSE 250 adds 0.2 Jan 26 Reuters The UK39;s FTSE 100 looked set to post strong weekly gains on Friday as upbeat earnings from European luxury firms boosted shares of Burberry and Diageo, while investors took comfort […]

LVMH jumps on Q4 sales growth Lonza soars after 2023 results beat STOXX 600 eyeing best week in over two months Jan 26 Reuters European equities gained on Friday, boosted by upbeat quarterly updates from luxury group LVMH and spirits maker Remy Cointreau, while investors assessed prospects for an interest rate cut this year after […]