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BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty
The Bank of England must have a prudent approach to reducing interest rates as the U.K. inflation may remain high for a longer time than expected rather than a short-term spike, and also due to risks on the global front including fluctuations in oil prices in the backdrop of the ongoing Middle East conflict, policymaker Megan Greene said on Tuesday.
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Pred 57 dňami
Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S
E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti
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Pred 57 dňami
Powell Indicates Federal Reserve Likely To Remain On Hold
Despite intense pressure from President Donald Trump to lower interest rates, Federal Reserve Chair Jerome Powell on Tuesday indicated the central bank is likely to remain on hold. "For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said.
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Pred 57 dňami
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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Pred 57 dňami
FTSE 100 Lags In Ceasefire-led Rebound
With an addition of just a little more than quarter percent, the FTSE 100 benchmark of the London Stock Exchange underperformed its peers in the region.
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Pred 57 dňami
CAC 40 Rises As Middle East Tensions Ease
Positive market sentiment following reports of ceasefire between Israel and Iran boosted the CAC 40 benchmark on Tuesday.
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Pred 57 dňami
DAX Outperforms Peers
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange staged an emphatic rebound on Tuesday.
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Pred 57 dňami
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Sensex, Nifty End Off Day's Highs As Israel And Iran Enter Shaky Ceasefire
Indian shares ended off their day's highs on Tuesday as Israel accused Iran of breaching the ceasefire, just hours after it was announced by U.S. President Donald Trump earlier.
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Pred 57 dňami
German Ifo Business Confidence Strongest In 13 Months
German business confidence rose to the highest level in 13 months in June driven by improving hopes that fiscal measures will underpin economic recovery, a closely watched survey showed on Tuesday. The business climate index registered 88.4 in June, up from 87.5 in May, the Munich-based ifo Institute revealed. This was the highest level since May 2024, when the reading was 88.9.
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Pred 57 dňami
European Shares Climb As Israel-Iran Ceasefire Comes Into Effect
European stocks opened on a strong note Tuesday after the office of Israeli Prime Minister Benjamin Netanyahu and Iranian state media outlet Press TV confirmed a ceasefire had begun.
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Pred 57 dňami
Asian Shares Rally As Trump Announces Iran-Israel Ceasefire
Asian stocks rallied on Tuesday after U.S. President Donald Trump said a ceasefire agreed between Israel and Iran is now in effect.
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Pred 57 dňami
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid increased risk-on mood by the investors, on reports that Israel and Iran have agreed to a "complete and total ceasefire" to be phased in over 24 hours. U.S. Fed Vice Chair Michelle Bowman said she favored a rate cut "as soon" as July if inflationary pressures remain contained.
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Pred 57 dňami
South Korea Consumer Sentiment Strengthens In June
South Korea's consumer confidence strengthened to a four-year high in June on improving domestic economic conditions, survey data from the Bank of Korea showed on Tuesday. The consumer sentiment index advanced to 108.7 in June from 101.8 in the previous month. This was the highest score in four years. The sub-index measuring future domestic economic situation surged 16 points to 107 in June.
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Pred 57 dňami
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