Latest Updates Around The World
The European Central Bank left interest rates unchanged on Thursday as expected and gave no clues on its next move, reinforcing market expectations that policy will remain stable for some time as the bloc enjoys steady growth and near-target inflation.The euro zone’s central bank has been on hold since a yearlong series of rate cuts […]
Yields on eurozone safe-haven government bonds were stable on Monday as precious metals markets roiled at the start of a week that will also include a European Central Bank interest rate decision. Silver and gold extended last week’s declines, falling about 10% and 6% respectively, prompting investors to sell other assets such as stocks to […]
European Union leaders are meeting for a last-ditch effort to strike a deal and finance Ukraine with frozen Russian money, while the United States releases overdue data on the labor market and retail sales. Meanwhile, the central banks of the euro area, Japan, Britain, Norway and Sweden are holding their last meeting of the year. […]
German government bond yields fell slightly in early trading on Monday, but were still close to the smallest discount to government bond yields in a month, after a top Federal Reserve official indicated a rate cut may be planned in December, boosting US government bond prices late last week. New York Fed President John Williams […]
Euro zone bond yields fell from a six-week high on Friday as sentiment turned and investors sold risky assets and bought back bonds.After rallying on this week’s upbeat results from AI supplier Nvidia, stocks in Europe posted steep losses on Friday as concerns about high technology valuations and a more hawkish Fed contributed to a […]
Euro zone bond yields rose on Thursday as investors used Nvidia’s positive results to return to risky assets such as stocks, ahead of delayed US jobs data that could set the tone for government bonds and the broader fixed income market in the coming weeks.Now that investors are feeling more positive about the resilience of […]
Eurozone government bond yields were on track for a second weekly rise in a row, following an aggressive signal from the Federal Reserve and a quiet meeting of the European Central Bank. The ECB kept interest rates unchanged at 2% and reiterated that policy was in a “good place” as economic risks recede and the […]
The U.S. dollar hovered near one-week lows against major peers on Wednesday, ahead of a widely expected Federal Reserve interest rate cut later in the day. The dollar lost further ground against the Japanese yen after US Treasury Secretary Scott Bessent indicated the new Japanese government is open to interest rate hikes by the Bank […]
Euro zone government bond yields were mixed on Tuesday as investors remained cautious about a potential US-China trade deal and awaited central bank decisions later this week. China hopes the United States can meet halfway to “prepare for high-level interactions” between the two countries, Foreign Minister Wang Yi told U.S. Secretary of State Marco Rubio […]
A consortium of nine European banks, including heavyweights and Unicredit, said on Thursday that they are a new company to launch a euro-bound Stablecoin, a movement that they hope will combat the American digital market dominance. A large number of best American financial companies have prepared for the launch of their own dollar-supported Crypto-Tokens after […]
