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FTSE 100 Rallies On Rate Cut Hopes

U.K. stocks rose sharply on Thursday after the Federal Reserve confirmed plans to pivot to cutting rates next year, citing slowing inflation and economic growth.
RTTNews | 606 gün önce
CAC 40 Climbs On Dovish Fed; ECB, BoE Rate Decisions Eyed

CAC 40 Climbs On Dovish Fed; ECB, BoE Rate Decisions Eyed

French stocks rose sharply on Thursday, the dollar sank, and bond yields declined after the Federal Reserve held interest rates, as widely expected, and announced a shift towards cutting borrowing costs against the backdrop of slowing growth and easing inflation.
RTTNews | 606 gün önce
DAX Rallies On Dovish Fed

DAX Rallies On Dovish Fed

German stocks rallied on Thursday as investors welcomed dovish signals from the Federal Reserve and awaited interest-rate announcements from the European Central Bank and the Bank of England.
RTTNews | 606 gün önce
Asian Shares Rise On Fed Policy Shift

Asian Shares Rise On Fed Policy Shift

Asian stocks followed Wall Street higher on Thursday, the dollar sank, and bond yields declined after the Federal Reserve held interest rates, as widely expected, and announced a shift towards cutting borrowing costs against the backdrop of slowing growth and easing inflation.
RTTNews | 606 gün önce
BP Claws Back $40 Mln In Pay From Former CEO Citing Serious Misconduct

BP Claws Back $40 Mln In Pay From Former CEO Citing Serious Misconduct

BP Plc said it has forfeited a maximum of 32.43 million pounds or $40.59 million in potential remuneration from former CEO Bernard Looney after the British energy major determined that he knowingly misled the board regarding his personal relationships with colleagues. In a statement, BP said that Looney has been dismissed without notice effective on December 13.
RTTNews | 606 gün önce
U.S. Dollar Extends Slide As Fed Signals Future Rate Cuts

U.S. Dollar Extends Slide As Fed Signals Future Rate Cuts

The U.S. dollar continued its early weakness against other major currencies in the Asian session on Thursday, after the Federal Reserve signaled three interest rate cuts for next year following its latest policy meeting.
RTTNews | 606 gün önce
European Economic News Preview: ECB, BoE Policy Announcements Due

European Economic News Preview: ECB, BoE Policy Announcements Due

The European Central Bank and the Bank of England are set to leave interest rates unchanged on Thursday after their peer U.S. Federal Reserve left its interest rates unchanged for the third straight meeting a day earlier. On Wednesday, the Federal Reserve kept the target range for the federal funds rate at 5.25 to 5.50 percent but hinted at three rate cuts in 2024.
RTTNews | 607 gün önce
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 607 gün önce
Asian Markets Rally Amid Wall Street Cues

Asian Markets Rally Amid Wall Street Cues

Mirroring the broadly positive cues from Wall Street overnight, Asian stock markets are trading mostly higher on Thursday, amid optimism over the outlook for interest rates after the US Fed left interest rates unchanged and the accompanying statement signaled three interest rate cuts next year as inflation eased over the past year. Asian Markets closed mixed on Wednesday.
RTTNews | 607 gün önce

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