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EUROPEAN CENTRAL BANK DECISION
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-MayEurope's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclic...
Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...
US Stock Market: Fed's Warsh targets real-time economic data overhaul, unveils global advisory task forcesFederal Reserve Chairman Kevin Warsh is spearheading a significant shift towards real-time economic data, aiming to reduce reliance on trad...
Rupee logs sharpest fall since June 8, ends at 95.24 against dollarThe Indian rupee weakened significantly, crossing the 95 per dollar mark for the first time in almost a month. This decline occurred ahead ...
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisionsFederal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Euro zone inflation falls more than expected, adding to ECB case for patienceEuro zone inflation dropped significantly in June, falling to 2.8% and easing pressure on the European Central Bank to hike interest rates ...
Global Market: European shares pause after rally, doubts linger over Iran peace dealEuropean stocks faced a minor setback on Wednesday, taking a brief respite following a strong performance in the second quarter. The invest...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
Clearing Corporation of India receives European Securities authority recognitionThe European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...
Bank of England's Breeden signals new rules to govern agentic AIFollowing years of insistence that existing frameworks were sufficient to mitigate AI risks, Deputy Governor Sarah Breeden said rapid devel...
Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...
European shares steady as tech gains offset Middle East ceasefire cautionEuropean markets showed resilience on Monday, buoyed by a surge in technology stocks. Investors are cautiously optimistic following a de-es...
Euro zone 10-year yields near three-month lows at start of busy weekBond yields in the Euro zone are at their lowest since early March, a welcome development for central bankers meeting at the ECB's Sintra F...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
Sovereign investors with $29 trillion pivot to energy assets, flag dollar fearsGlobal financial giants managing $29 trillion are pivoting towards energy assets and infrastructure, seeking portfolio resilience amidst es...
Best proverb of the day: “The forest was shrinking, but the trees kept voting for the axe, because...” — Why did the forest choose the axe? An old Eastern European proverb reveals why people often trust what feels familiar, and the powerful life lesson it teaches about self-deception, and the hidden consequences of everyday choicesBest Eastern European proverb of the day: For centuries, proverbs have captured complex truths in just a few words, but few are as striking...
EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...