LONDON, June 13 Reuters The pound was headed for its fifth weekly gain against the euro on Thursday, having hit its highest in almost two years against the single European currency, which was rattled by political uncertainty in France. The euro fell to its lowest against the pound since late August 2022 this week, after […]

SEOUL, June 13 Reuters South Korea said on Thursday the ban on shortselling of stocks will be extended for now as the government focuses on developing a system to control illicit trading practices before resuming the trading strategy. The Financial Services Commission FSC plans to set up by March next year an electronic monitoring platform, first […]

MUMBAI, June 13 Reuters The Indian rupee will be supported on Thursday by the lowerthanexpected U.S. inflation print, while projections that the Federal Reserve will cut rates only once this year are expected to weigh. Nondeliverable forwards indicate the rupee will open at 83.5283.55 to the U.S. dollar, compared with its previous close at 83.5450. […]

SINGAPORE, June 13 Reuters Major currencies held their gains on Thursday against a dollar knocked by softerthanexpected U.S. inflation, save for the yen which remained squeezed ahead of a Bank of Japan meeting, as U.S. policymakers signalled rates would be kept high for a while yet. Overnight the euro advanced 0.6 and punched above its […]

MUMBAI, June 13 Reuters The Indian rupee was nearly flat on Thursday, as dollar demand from local corporates offset the impact of gains in Asian currencies after a softerthanexpected U.S. inflation print pushed Treasury yields lower. The rupee was at 83.53 against the U.S. dollar as of 1030 a.m. IST, barely changed from its close […]

FTSE 100 down 0.2, FTSE 250 off 0.4 Halma jumps after fullyear revenue, core profit beat BT up after Mexican magnate Carlos Slim takes stake Crest Nicholson slumps after annual profit warning June 13 Reuters British stocks edged lower on Thursday as the U.S. Federal Reserve projected fewer rate cuts this year, although a slew […]

MOSCOW, June 13 Reuters New U.S. sanctions that forced Russia39;s leading exchange to halt dollar and euro trading led to a range of varying prices and spreads as trading moved overthecounter OTC on Thursday, obscuring access to reliable pricing for the Russian currency. The rouble fell to a onemonth low of 91.7455 against the dollar […]

STOXX 600 down 0.5; auto stocks lead sectoral declines Wise bottoms STOXX 600 on lower income growth forecast JPM places Lufthansa on negative catalyst watch, shares down June 13 Reuters European equities lost ground on Thursday, weighed down by elevated government bond yields after the U.S. Federal Reserve cut its interest rate cut projections to […]

Previous Trading Days Events 12.06.2024 Yesterday, the U.S. inflation data showed cooling shaking the markets as the monthly and yearly inflation figures were unexpectedly lower. However, inflation likely remains too high for the Federal Reserve. Excluding the volatile food and energy components, the CPI climbed 0.2 in May, less than Aprils 0.3 rise. The core […]