The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
The main index of the Spanish Stock Exchange, the IBEX 35, rises by 0.8% and surpasses 12,300 points after the opening this Thursday, supported by BBVA after announcing results, and awaiting the ...
The US labour market is also in focus next week with an update on hires and fires over December on Tuesday. Payroll data for January also arrives on Friday with 170,000 non-farm jobs expected to have ...
exchange rate range-traded despite an uptick in European Central Bank (ECB) interest rate cut bets. At... At time of writing GBP/EUR was trading at around €1. 1827. Down roughly 0. 2% from ...
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
Friday rose by +0.58% and posted a 1-week high. The dollar rose Friday on increased safe-haven demand from President Trump’s threat to impose 25% tariffs on goods from Canada and Mexico and a 10% ...
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured ...
MUFG expects that the ECB will maintain its resistance to 2022 rate hikes while the Federal Reserve and Bank of... Global inflation developments have tended to dominate markets with the US dollar ...
Conversely, CD rates will often fall when the Fed cuts the federal funds rate. While 3-month CDs currently offer higher rates than long-term CDs, like 3-year or 5-year terms, this isn't usual ...
CDs rates are influenced by changes in the federal funds rate. The Fed can raise or cut the federal funds rate at Federal Open Market Committee meetings that are held at least eight times annually.