ECB
In its report on the global economic outlook, Citi economists said they expect the Federal Reserve (Fed), the European Central Bank (ECB), and the Bank of England (BOE) will all cut interest rates in September. The bank said its forecast aims to balance three key themes: resilient services sectors, persistent…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia (NASDAQ:) replace Apple (NASDAQ:) as the world’s 2nd most valuable company in a market infused with interest rate cut excitement across the…
Investing.com – European stock markets rose Thursday, ahead of what market participants expect to be the first cut in interest rates by the European Central Bank since 2019. At 03:05 ET (07:05 GMT), the in Germany traded 0.6% higher, the in France rose 0.4% and the in the U.K. gained…
By Ankur Banerjee SINGAPORE (Reuters) -Asian shares gained on Thursday on rising expectations the U.S. Federal Reserve will likely cut interest rates in September, while the euro firmed ahead of the European Central Bank policy meeting where a rate cut is widely expected. The shifting Fed expectations lifted oil prices…
By Johann M Cherian and Ozan Ergenay (Reuters) -European shares pared losses to trade flat on Thursday after the European Central Bank (ECB) signalled it may cut borrowing costs in the months to come, but kept interest rates unchanged. The ECB has kept the rates steady since September as policymakers…
