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(Reuters) – The U.S. central bank should proceed cautiously on further interest rate cuts to keep from inadvertently reigniting inflation, Dallas Federal Reserve President Lorie Logan said on Wednesday. After…

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TSX opens higher as US data reinforces Fed rate cut hopes

November 13, 2024

(Reuters) – Canada’s main stock index opened higher on Wednesday, helped by energy shares, after the U.S. inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. At…

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Why is the euro falling and could it hit $1?

November 13, 2024

LONDON (Reuters) – The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike…

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Factbox-Airlines suspend flights as Middle East tensions rise

November 13, 2024

(Reuters) -Concerns over a wider conflict in the Middle East have prompted international airlines to suspend flights to the region or to avoid affected air space. Below are some of…

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Traders bet on Fed December rate cut after inflation data

November 13, 2024

(Reuters) – Traders of contracts that settle to the Federal Reserve’s policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank’s…

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Scholz, fighting for survival, says Germans should not choose between security and prosperity

November 13, 2024

By Thomas Escritt and Sarah Marsh BERLIN (Reuters) – Chancellor Olaf Scholz on Wednesday appealed to parties to pass measures such as raising child benefit and lifting tax thresholds before…

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Musk to join Trump at meeting with House Republicans, reports say

November 13, 2024

WASHINGTON (Reuters) – Billionaire entrepreneur Elon Musk is expected to join President-elect Donald Trump at the meeting of U.S. House of Representatives’ Republicans on Wednesday morning, the New York Times…

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Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll

November 13, 2024

By Sarupya Ganguly BENGALURU (Reuters) – Donald Trump’s presidential election win has forced bond strategists to make a material change in their outlook towards higher longer-dated Treasury yields, a Reuters…

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Investing

Long-term impact of Trump policy plans on the dollar uncertainty, BofA says

November 13, 2024

Investing.com – The dollar index and dollar index futures edged down slightly in European trade on Wednesday after slipping from a four-month high in the prior session. Traders had previously piled…

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UK stocks slip ahead of U.S. inflation data; Smiths Group rallies

November 13, 2024

By Sruthi Shankar (Reuters) – The main UK stock indexes slipped on Wednesday as traders awaited key U.S. inflation data to gauge the path of monetary policy, while defence company…

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Popular Topics

Fed should proceed ‘with caution’ on rate cuts, Logan says

TSX opens higher as US data reinforces Fed rate cut hopes

Why is the euro falling and could it hit $1?

Factbox-Airlines suspend flights as Middle East tensions rise

Traders bet on Fed December rate cut after inflation data

Scholz, fighting for survival, says Germans should not choose between security and prosperity

Musk to join Trump at meeting with House Republicans, reports say

Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll

Long-term impact of Trump policy plans on the dollar uncertainty, BofA says

UK stocks slip ahead of U.S. inflation data; Smiths Group rallies