By Bansari Mayur Kamdar (Reuters) – A September interest rate cut by the European Central Bank is “very possible”, though its future policy will remain data-dependent, a former deput[...]
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July 26, 2024
Morning Bid: Stocks try to shake it off and rotate
A look at the day ahead in U.S. and global markets from Mike Dolan The end of a hair-raising week for the stock market has left more questions than answers, with Thursday’s bumper U.S. growth da[...]
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EBRD says Ukraine exposure ‘absolutely not’ a threat to credit rating
ISTANBUL (Reuters) – The European Bank for Reconstruction and Development’s exposure to war-ravaged Ukraine does not pose a threat to its prized triple-A credit rating despite previous war[...]
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Fridges not bridges: China veers off beaten path with consumer stimulus
BEIJING (Reuters) – China’s use of ultra-long treasury bonds to fund a consumer goods trade-in programme deviates from the usual playbook of boosting investment to support the economy and[...]
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Euro zone consumers stopped lowering inflation expectations in June
FRANKFURT (Reuters) – Euro zone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday. The ECB[...]
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First Bank of England rate cut since 2020 hangs on knife edge
By David Milliken LONDON (Reuters) – The Bank of England’s first interest rate cut since 2020 hangs in the balance next week, with greater uncertainty than usual as key policymakers have n[...]
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Explainer-What the BOJ’s reduced bond buying will mean for markets
By Brigid Riley TOKYO (Reuters) – The Bank of Japan (BOJ) is expected to unveil details of a quantitative tightening (QT) plan at its monetary policy meeting next week, aimed at reducing its hol[...]
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China’s rate cuts sequence hints at reduced role for MLF
SHANGHAI (Reuters) – China’s latest series of rate cuts show the central bank’s monetary framework has changed, analysts said, with the short-term repo rate becoming the primary sign[...]
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Morning Bid: Stocks on firmer footing after wild week
A look at the day ahead in European and global markets from Kevin Buckland An element of calm has returned to markets as a wild week winds down, with European and U.S. stock futures pointing overall h[...]
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