(Reuters) – British consumer confidence held at an almost three-year high in August, bolstered by improving sentiment around personal finances and major purchases, according to a survey on Frida[...]
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August 22, 2024
Stocks decline and dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will so[...]
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Wall St ends lower as tech shares weigh; Jackson Hole in focus
By Stephen Culp NEW YORK (Reuters) -All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank[...]
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Morning Bid: Dollar strikes back, Japan in spotlight
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Japanese inflation and monetary policy are under the spotlight in Asian trading on Friday, as a mood of nervous anticipati[...]
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What to look for at Fed’s Jackson Hole symposium
By Ann Saphir (Reuters) – Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe’s premier economic gathering, the Kansas City[...]
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Fed policymakers flag rate cuts as job market cools
By Ann Saphir and Michael S. Derby JACKSON HOLE, Wyoming (Reuters) -Federal Reserve policymakers on Thursday lined up in support of U.S. interest-rate cuts starting next month now that inflation is we[...]
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Toronto market ends lower as rail stoppage threatens economy
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index pulled back from a record high on Thursday as Toronto-Dominion Bank reported its first loss in over two decades and a railroad[...]
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US capital hikes and other Wall Street bank rules now hinge on US election
By Pete Schroeder WASHINGTON (Reuters) – U.S. regulators will not be able to finalize contentious bank capital hikes before the November presidential election, casting doubt over whether those a[...]
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Oil prices settle $1 up on hopes of a US Fed rate cut next month
By Nicole Jao (Reuters) -Oil prices settled up more than 1% on Thursday, as expectations for a U.S. interest rate cut in a few weeks fueled a rebound after four days of price declines. Brent crude fut[...]
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