Take Five: Go big or go home
(Reuters) – More interest rate cuts are set to come in Switzerland and Sweden after a supersized Federal Reserve rate move, with U.S. inflation data and global business activity surveys…
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European shares slip but set for weekly gains; Mercedes drops
By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserve’s outsized interest rate cut, while shares of Mercedes…
Futures dip after Wall Street rally, Nike CEO to step down – what’s moving markets
Investing.com — US stock futures inched down on Friday following a furious, record-setting rally on Wall Street in the previous session. Appetites for technology stocks and other risky assets were…
German home prices decline in Q2 but show some stabilisation
FRANKFURT (Reuters) – German residential property prices continued to fall in the second quarter, dropping by an average of 2.6% year-on-year, but they showed some signs of stabilisation, federal statistics…
BOJ Governor Ueda’s comments at news conference
(Reuters) -The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its confidence a solid economic recovery will allow the central bank…
BOJ tankan expected to show big manufacturers’ mood steady: Reuters poll
TOKYO (Reuters) – Japanese big manufacturers’ business sentiment likely stayed steady in the three months to September, while non-manufacturers’ confidence weakened slightly, a Reuters poll showed on Friday, reflecting concerns…
ECB hopes for more cross border bank consolidation
FRANKFURT (Reuters) -The European Central Bank is hoping for more cross-border bank consolidation to improve the valuation of lenders and efficiency in the sector, ECB Vice President Luis de Guindos…
Column-Sterling feeds on peculiarly high BoE ‘terminal rate’: Mike Dolan
By Mike Dolan LONDON (Reuters) – Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect. But it’s far…
UK retail sales rise by more than expected in August
LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday. Economists polled by Reuters had forecast…
Analysis-Rate cuts are here, but US stocks may have already priced them in
By Lewis Krauskopf NEW YORK (Reuters) – As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already…