Pound, gold and oil prices in focus: commodity and currency check, 11 October
Pound slips as traders ramp up bets on Bank of England interest rate cut.
Pound slips as traders ramp up bets on Bank of England interest rate cut.
By Hannah Lang and Chibuike Oguh (Reuters) -The euro dropped to its lowest level in nearly seven months against the U.S. dollar on Monday, weighed down by investor worries about...
The 0.2% rise in GDP comes after two successive months of stagnation.
-- Most Asian currencies firmed slightly on Friday, while the dollar fell from near two-month highs even as hot consumer inflation data furthered bets on a smaller...
A deep dive into what's moving markets across the global economy
- The New Zealand dollar fell after the Reserve Bank of New Zealand cut interest rates earlier this week, and UBS expects the currency to fall further against the US...
- The U.S. dollar stabilized near a seven-week high Thursday ahead of a key inflation report, while the euro languished near recent lows. At 04:15 ET (08:15 GMT), the...
Spikes in fuel demand due to Hurricane Milton and concerns over potential supply disruptions in the Middle East have pushed oil prices up.
-- Most Asian currencies firmed slightly on Thursday, recovering a measure of recent losses, while the dollar steadied near a seven-week peak ahead of key consumer...
Italy aims to accelerate fiscal tightening to exit the Excessive Deficit Procedure earlier than expected, but high public debt, structural economic weaknesses and unfavourable demographics pose challenges.