Global Central Bank Easing Cycle Grinds along in October

LONDON, Nov 5 Reuters The global monetary easing cycle ground along in October, with central banks across developed and emerging economies lowering interest rates ahead of the year39;s biggest geopolitical event, the U.S. election. Three of the four central banks overseeing the 10 most heavily traded currencies that held meetings in October lowered benchmarks. Central […]
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New Zealand Central Bank Paints Grim Economic Outlook

WELLINGTON, Nov 5 Reuters New Zealand39;s central bank painted a bleak economic picture on Tuesday, citing rising unemployment and delayed business investment plans due to financial hardships. The Reserve Bank of New Zealand39;s RBNZ semiannual Financial Stability Report said weakness in domestic economic activity had become more pronounced and a combination of subdued global growth […]
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Gold Holds Steady as US Election Looms

Bullion could hit 2,800 after US election, analyst says Gold has risen 33 so far this year Traders widely expect a 25bp Fed rate cut on Thursday Nov 5 Reuters Gold prices held steady on Tuesday as market participants braced for the outcome of the U.S. presidential election, with opinion polls suggesting a neckandneck race between Democrat […]
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London Stocks Edge Up, US Election in Focus

FTSE 100 up 0.3, FTSE 250 up 0.1 British services PMI at 52 in Oct Schroders slumps after Q3 results Nov 5 Reuters Britain39;s main stock indexes saw a modest uptick on Tuesday, though a sense of caution lingered as investors worldwide focused on the impending results of the U.S. election. The bluechip FTSE 100 was […]
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Dollar Dips as US Voters Head to Polls

Nov 5 Reuters The U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results of the elections likely to decide at least the nearterm fate of the greenback. Polls show a tight race between Republican former president Donald Trump and Democrat Vice President Kamala Harris and the most extreme currency […]
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TSX Steady; all Eyes on US Election

Nov 5 Reuters Canada39;s main stock index edged higher on Tuesday, supported by gains in technology and financial shares, while cautious investors sought indicators for the U.S. presidential election39;s outcome. The SPTSX composite index was up 37.52 points, or 0.15, at 24,293.58. Voters rushed to the polls to choose between Republican Donald Trump and Democrat Kamala Harris in […]
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