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KEY POINTS The war in Ukraine remains a key focus for market sentiment in Europe, with fighting raging in the east and southeast of the country On the data front Tuesday, U.K. unemployment fell to its lowest since 1974 in the first quarter, official figures revealed Tuesday, but soaring inflation pushed wages downward . LONDON …

European markets close higher with Stoxx 600 up 1.2%; Imperial Brands climbs 7% قراءة المزيد »

      The dollar eased for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors’ appetite for riskier bets diminished the U.S. currency’s safe-haven appeal Upbeat earnings views from Home Depot and United Airlines along with optimism around the easing …

Dollar rally stalls as risk appetite returns قراءة المزيد »

KEY POINTS European stocks advanced on Friday in an attempt to regain some ground with investors assessing the outlook for inflation and interest rates . Market participants in Europe will be keeping a close eye on geopolitical developments in the region over the next few days, particularly after Finland announced Sunday that it will apply …

European stocks close mixed as global markets struggle for direction قراءة المزيد »

KEY POINTS European stocks advanced on Tuesday as global markets rebounded from a broad sell-off in recent days, prompted mainly by concerns over inflation and rising interest rates — and the potential for a global recession . Recent market volatility has been driven by investor concerns over rising interest rates and question marks over how …

European markets close higher despite hot U.S. inflation data; Stoxx 600 up 1.6% قراءة المزيد »

    The dollar was lower on Wednesday after economic data showed inflation remained high but was unlikely to lead the Federal Reserve to shift to a more aggressive path of monetary policy The consumer price index rose 0.3% last month, the smallest gain since August, the Labor Department said on Wednesday, versus the 1.2% …

Dollar slips after CPI data as Fed expectations in check قراءة المزيد »

      Gold resumed its climb on Wednesday after a knee-jerk retreat tied to the release of U.S. inflation data, as the dollar slipped with investors latching on to a slight cooling of consumer prices Spot gold was up 0.8% to $1,852.15 per ounce by 11:53 a.m. EDT (1553 GMT). U.S. gold futures gained …

Gold bounces as dollar retreats after U.S. inflation data قراءة المزيد »

      The dollar rose on Tuesday, after fluctuating between modest gains and declines earlier in the session as it held near a two-decade high ahead of a key reading on inflation that could provide clues on the Federal Reserve’s monetary policy path Equities were also choppy and off their initial highs, although a …

Dollar rises in choppy trade as inflation data eyed قراءة المزيد »