Wall Street follows FTSE higher as traders weigh US economy slowdown and ECB rate decision
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
Euro Stays Weaker Against Dollar After ECB Cuts Rates
The euro stayed weaker against the dollar, showing little reaction after the ECB cut interest rates by a widely-expected 25bps.
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Yen edges up against euro, dollar as rate outlooks diverge
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates while others cut, with the ...
Analysis-Bank of Japan Board Reshuffle to Bring It Closer to 'Normal' Central Banking
TOKYO (Reuters) - The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an ...
Q4 2024 Active Management Review: Strength In Financials And Tech
The financials sector performed strongly in global markets during Q4, largely due to a combination of monetary easing and ...