ExchangeRates.org.uk – The latest exchange rate forecasts from Raboabank indicate GBP/EUR at 1.18 in one month, suggesting near-term resilience in sterling.However, the outlook then softens modestly, with GBP/EUR anticipated to slip to 1.16 at both the three- ...
PoundSterlingLIVE – Image © Adobe (NASDAQ:ADBE) Images The British Pound rose against the Euro and remained buoyant near intraday highs against the US Dollar on Thursday after the European Central Bank cut its once-negative deposit rate, in line with economist...
Bonds are in charge. This is the sentiment being relayed by market participants recently as they digest the impacts of President Trump’s trade policy. In fact, the bond market was given credit for Trump’s 90-day pause of reciprocal tariffs for everyone except Chin...
The S&P 500 was higher Thursday, clawing back losses from a day earlier, but gains were kept in check by ongoing tariff uncertainty even as President Donald Trump touted progress on trade negotiations with Japan. At 1:06 p.m. ET (18:06 GMT), the Dow Jones Indus...
It’s all about respect, baby FTSE 100 to open 68 points in the green 7.25 am: Green for go It’s all about respect, baby. Bloomberg has said, citing an unnamed Beijing official, that if the US can drop the invective, the Chinese are ready to engage in positive conv...
U.S. President Donald Trump said “big progress” was made during a meeting with a Japanese trade delegation in Washington on Wednesday, as the two nations opened talks aimed at resolving tensions over a wave of U.S. tariffs. “A Great Honor to have just met with the J...
Oil prices extended strong gains in Asian trading on Thursday, driven by supply disruption concerns after the U.S. imposed new sanctions on Iran’s oil exports, while investors assessed data showing a higher-than-expected rise in U.S. crude inventories. As of 21:35 ...
For years, perhaps decades, the place to invest and the companies to invest in have been in the U.S. Illustrating its vast scale, U.S. public equity markets reached over $60 trillion in market cap by Q4 2024—half of global equity market value, per SIFMA and World Fe...
Asian stocks rebounded on Thursday amid hopes of U.S. tariff negotiations, while focus was squarely on Bank of Korea’s interest rate decision, Japanese trade data and Australia’s jobs report. In corporate news, investors awaited Taiwan Semiconductor Manufacturing Co...
Fitch Ratings has sharply downgraded its global growth forecast for 2025 amid mounting trade tensions. The agency cut its world growth estimate by 0.4 percentage points, trimming U.S. and China projections by 0.5 points from March forecasts. U.S. annual growth is no...