Sterling rises above 1.30, highest in a year UK inflation data cuts chances of August rate cut Growth, inflation and govt finances key to further currency gains LONDON, July 17 Reuters The pound hit its highest in a year on Wednesday, driven by investors who are scrambling for juicier returns as global interest rates start […]

JOHANNESBURG, July 17 Reuters The South African rand slipped against the dollar in early trade on Wednesday before the release of retail sales figures. At 0625 GMT, the rand traded at 18.0725 against the dollar , about 0.2 weaker than its previous close. Statistics South Africa will publish May retail sales data at 1100 GMT, shedding […]

SINGAPORE, July 17 Reuters The yen rose broadly on Wednesday though traders and analysts were unsure of what was behind the move, while sterling scaled a oneyear top after hotterthanexpected UK inflation data. The dollar fell more than 0.8 against the yen to a sessionlow of 157.01, putting traders on alert for signs of another […]

FTSE 100 down 0.2, FTSE 250 off 0.3 UK inflation holds at 2 vs estimated 1.9 Antofagasta expects copper output at lower end of forecast; shares tumble July 17 Reuters London stocks inched lower on Wednesday, after strongerthanexpected domestic inflation data prompted investors to scale back bets for an August interest rate cut by the […]

SINGAPORE, LONDON July 17 Reuters Gold hit a record and bonds rallied on Wednesday, while chip stocks tumbled after U.S. presidential candidate Donald Trump sounded lukewarm about his commitment to defending Taiwan. Sterling ticked higher after British inflation held at 2 yearonyear in June against forecasts for 1.9, with services inflation stuck at an uncomfortable 5.7. Europe39;s […]

STOXX 600 down 0.5 ASML falls on dour Q3 sales forecast Roche jumps on early trial success of second obesity drug July 17 Reuters European shares fell for a third consecutive session on Wednesday, dragged down by Dutch semiconductor firm ASML following a weak forecast, while investors were wary of potentially strict U.S. trade rules. […]

Previous Trading Days Events 16.07.2024 U.S. retail sales were unchanged in June, a display of consumer resilience that bolstered economic growth prospects for the second quarter. It did not change expectations that the Federal Reserve could start cutting interest rates in September amid cooling inflation and helped to assuage fears of a sharp slowdown in […]