EUR/USD
European Central Bank set to cut interest rates just days before the Fed’s big decision
Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March 20, 2024. Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank on Thursday is set to slash rates again by 25 basis points just days ahead of the U.S. Federal Reserve beginning […]
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Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. The central bank left interest rates unchanged on Thursday, after implementing a cut […]
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With odds of a Trump win rising, here’s what it could mean for Europe’s economy
Former US President Donald Trump during a campaign event at Trump National Doral Golf Club in Miami, Florida, US, on Tuesday, July 9, 2024. Eva Marie Uzcategui | Bloomberg | Getty Images With markets in recent weeks cranking up their bets that Donald Trump will win the presidential election, Goldman Sachs economists say that another […]
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What a hung parliament in France could imply for markets
Initial indications on Sunday night for the French parliamentary operate-off vote threw up some major surprises, leaving political commentators contemplating a “hung parliament” state of affairs that could demonstrate difficult for both of those policymaking and economic marketplaces. France’s remaining-wing New Preferred Front coalition is found by some projections to attain the most seats in […]
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European stocks observed slipping as traders digest French election result
LONDON — European shares have been established to tumble at the open on Monday as markets reacted to an predicted hung parliament in France just after a shock gain for a left-wing coalition of parties. France’s CAC 40 was witnessed slipping 37.9 points to 7,631, in accordance to IG, and the euro was down .18% […]
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The yuan’s status as a world wide currency may be gaining ground. But leading CEOs see much more hurdles to clear
A bank worker count China’s renminbi (RMB) or yuan notes upcoming to U.S. greenback notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters DALIAN, China — For China’s yuan to be made use of more globally, the forex desires much more “programs” this sort of as for stocks and bonds, […]
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Europe stocks decrease Carlsberg down 8% following bid rejected British isles retail gross sales defeat forecast
LONDON — European shares were reduce Friday early morning as investors monitored a slew of central financial institution selections and data releases. The pan-European Stoxx 600 index experienced prolonged losses to .85% by 11 a.m. in London, with bank stocks tumbling 1.8%. Carlsberg shares fell 8% soon after U.K. delicate drinks maker Britvic confirmed it […]
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‘Huge political gamble’: France’s Macron calls for snap election his rival Le Pen could quickly earn
French President Emmanuel Macron. Chesnot | Getty Images Information | Getty Visuals French President Emmanuel Macron’s determination to contact a snap national election soon after a surge for his significantly-proper rivals is a superior-stakes transfer and a enormous political gamble, analysts say. Macron’s selection to connect with a snap parliamentary vote arrives soon after the […]
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Fed and ECB divergence on fee cuts could spell problems for the euro, economist suggests
The President of the European Central Lender (ECB) Christine Lagarde gestures as she addresses a press meeting subsequent the meeting of the governing council of the ECB in Frankfurt am Most important, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Illustrations or photos The prospect of the European Central Lender diverging […]
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Stocks producing the most important moves midday: Eli Lilly, 3M, PayPal, Tesla and far more
Verify out the organizations earning headlines in midday trading. Eli Lilly — Shares additional 5% just after Eli Lilly, maker of the Mounjaro diabetic issues and pounds decline drug, defeat analysts’ expectations for to start with-quarter modified earnings. The Indianapolis-dependent drugmaker also lifted its complete-year steering for modified earnings and revenue. 3M — Shares jumped […]
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