reuters.com
European retailers have been unlikely stock market stars this year, but a long spell of high borrowing costs and inflation has started to bite, so wary investors will be looking for reassurances from the likes of H&M and Zara-owner Inditex when they issue business updates this week.
over 1 year ago
reuters.com
Euro zone bond yields rose to their highest in over a decade on Wednesday as U.S. Treasuries led a selloff in debt markets after stronger than expected U.S. job openings data raised prospects of higher interest rates.
about 1 year ago
reuters.com
The outlook for European equities isn't pretty as an earnings recession looks likely along with a prolonged period of high interest rates, but investors say much of the bad economic news is priced in and could - in some cases - even provide support.
about 1 year ago
reuters.com
Sterling fell on Tuesday after data showed that growth in British workers’ regular pay slowed from a previous record high and job vacancies also declined, with a softer labour market boosting the chance the Bank of England (BoE) will hold rates unchanged.
about 1 year ago
reuters.com
Sterling sank to a three-week low on Thursday after a slew of economic market data this week affirmed the view that the Bank of England (BoE) will likely hold rates steady at its policy meeting next week.
about 1 year ago
reuters.com
The pound edged up against the euro on Thursday after Bank of England (BoE) policymakers, including Chief Economist <a href=”/world/uk/bank-england-isnt-making-promises-rates-pill-says-2023-11-09/”>Huw Pill</a>, reiterated policy will need to remain restrictive for some time.
about 1 year ago
reuters.com
Jan 4, 2024 ... Sterling surged on Thursday after data showed British borrowers increased demand for loans, while a separate business survey showed a more ...
12 months ago
reuters.com
The dollar was little changed on Monday in cautious during a U.S. public holiday, while risk-sensitive sterling slid ahead of a busy week for UK economic data.
11 months ago
reuters.com
Sterling steadied on Wednesday, after declines this week, as data showed Britain's economy had returned to growth in January after entering a shallow recession in the second half of 2023.
10 months ago
reuters.com
Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the day, while local elections in Britain have left the currency undisturbed.
8 months ago
reuters.com
The dollar eased on Tuesday after an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and services, indicating inflation remained stubbornly high early in the second quarter.
7 months ago
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