European stocks wrap up week on a high note; focus shifts to Fed's rate decisionEuropean stocks ended the week positively, driven by technology, real estate, and mining shares. The STOXX 600 index rose 0.7%, with German...
13 Sep, 2024, 09.50 PM IST
Gold edges down as Middle East worries ebbSpot gold was down 0.1% at $2,320.19 per ounce, as of 0115 GMT, having hit its lowest since April 5 in the previous session. Bullion's Marc...
24 Apr, 2024, 07.51 AM IST
European shares edge higher in the run up to ECB policy minutesThe pan-European STOXX 600 was up 0.2% by 0833 GMT, extending gains after notching a two-month high in the previous session.
23 Nov, 2023, 02.47 PM IST
Dollar poised for steep weekly fall, dollar-yen snaps below 150Cooler-than-expected U.S. inflation data on Tuesday and Wednesday reset market expectations for how soon the Federal Reserve will cut rates...
17 Nov, 2023, 09.40 PM IST
Lagarde’s policy silence keeps ECB interest rate debate ragingConsumer-price numbers will set the scene for one of the most suspenseful decisions since ECB rate hikes began more than a year ago, as off...
28 Aug, 2023, 11.23 PM IST
Debt restructuring talks at G20 meet hurt by differences, low attendanceDebt restructuring talks made little progress during the third finance meeting of the G20 countries in India as the bloc was unable to over...
17 Jul, 2023, 05.40 PM IST
German economy 'still struggling': Bundesbank chiefGermany unexpectedly slipped into a mild recession in the final months of 2022 and the start of 2023, as the energy crisis sparked by Russi...
17 Jun, 2023, 12.03 AM IST
European shares open flat as rate-hike jitters weighEuropean shares opened flat on Tuesday as worries of further interest rate hikes by major central banks in the face of slowing economic gro...
06 Jun, 2023, 01.05 PM IST
G-7 finance chiefs to add new supply-chain proposal in statementAs per sources, the finance chiefs and officials are an advanced stage in drafting a statement for this week's G-7 meeting.
12 May, 2023, 10.47 AM IST
European shares rise ahead of more big U.S. bank earnings"Cautious optimism is the Monday motivation mantra, as stronger U.S. corporate news and signs of consumer resilience help to mask ongoing w...
17 Apr, 2023, 02.09 PM IST
ECB could still need big rate hike beyond March, Nagel saysA neutral rate, which neither stimulates nor slows growth, can only be estimated and while most policymakers in the past put it at between ...
24 Feb, 2023, 03.37 PM IST
German central bank boss says rate hikes 'needed' in eurozoneUncertainty about Russian energy imports is pushing the eurozone closer towards a contraction in 2023 due to high inflation, weaker global ...
15 Oct, 2022, 09.55 PM IST
Gold ekes out gains as dollar rally takes a breatherThe European Central Bank must keep raising interest rates even if a recession in Germany is increasingly likely, as inflation will stay un...
23 Aug, 2022, 07.53 AM IST
European shares drop on hawkish ECB signalsThe European Central Bank must keep raising rates even if a recession in Germany is increasingly likely, as inflation will stay uncomfortab...
22 Aug, 2022, 01.46 PM IST
Europe slips toward recession as ECB mulls steps going aheadPurchasing managers' indexes due Tuesday will likely show private-sector output shrinking for a second month, adding to signs that a recess...
21 Aug, 2022, 11.38 PM IST
Aussie ascendant before RBA; yen pressured by rising U.S. yieldsEconomists polled by Reuters expect the Reserve Bank of Australia on Tuesday will deliver another half-percentage-point rise in interest ra...
05 Jul, 2022, 08.48 AM IST
ECB's Nagel warns crisis-tool use can lead to 'dire straits'With the ECB's first rate hike approaching, investors are questioning whether surging borrowing costs could force weaker nations into a rep...
05 Jul, 2022, 06.42 AM IST