September
Investing.com – European stock markets struggled for direction Friday, as investors digested disappointing UK growth data, French inflation numbers as well as hawkish comments from Fed chair Jerome Powell. At 04:40 ET (09:40 GMT), the in Germany traded largely flat, while the in France fell 0.1% and the in the…
Investing.com — The gained 2.1% on a total return basis in September, marking its best performance for the month since 2013 and its first positive September in five years, Bank of America said in a Tuesday report. This also marked the fifth consecutive month of gains and the 10th positive…
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s ended near session-highs amidst broad-based gains on Friday, as global markets advanced after Federal Reserve Chair Jerome Powell stated that “the time has come” to reduce interest rates. The pan-European STOXX 600 index rose 0.5% to 518.13 at close, its highest level…
By Shashwat Chauhan and Johann M Cherian (Reuters) -U.S. stock index futures crept higher on Thursday, as sentiment remained upbeat about the Federal Reserve possibly kicking off its policy easing cycle next month, while investors awaited policymakers’ commentary at Jackson Hole this week. Expectations of a rate cut got a…
Investing.com– U.S. stocks rose Friday, helped by data showing cooling inflation, lifting the chances of interest rates cuts near term. At 06:0 ET (10:50 GMT), rose 550 points, or 1.4%, rose 40 points, or 0.7%, and rose 95 points, or 0.6%. PCE data keeps rate cut hopes alive The ,…
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…
