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Bank of England

Sterling touches new 2022 high; Trump EU tariff reversal dents dollar
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Sterling touches new 2022 high; Trump EU tariff reversal dents dollar

TheSpuzz Desk3 days ago04 mins

Source: Live Mint LONDON, – The pound edged up on Monday to trade around its highest since early 2022, as the dollar came under broad pressure following another abrupt reversal in trade policy by U.S. President Donald Trump that gave investors a fresh dose of uncertainty. On Friday, Trump sent a shiver through global markets…

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Pound holds near three-year high on trade optimism
  • Market

Pound holds near three-year high on trade optimism

TheSpuzz Desk1 week ago03 mins

Source: Live Mint LONDON, May 22 (Reuters) – The British pound dipped slightly against the dollar but remained close to its highest level since 2022 reached the day before as hot inflation and improving relations with Europe and the U.S. continued to support the currency. The pound was last down 0.1% against the dollar at…

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FTSE 100 dips as BoE stands pat as expected, warns of uncertain outlook
  • Market

FTSE 100 dips as BoE stands pat as expected, warns of uncertain outlook

TheSpuzz Desk2 months ago04 mins

Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) Bank of England keeps rates on hold FTSE 100 down 0.3%, FTSE 250 declines 0.2% 3i Group drops due to ERP system issues affecting sales Investec falls after disappointing annual profit forecast…

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Pound holds near three-year high on trade optimism
  • Market

Central banks turn more cautious on rate cuts

TheSpuzz Desk2 months ago08 mins

Source: Live Mint Central bank easing meets global caution BoE keeps rates steady, SNB cuts on Thursday BOJ remains the G10 outlier By Yadarisa Shabong and Alun John March 20 (Reuters) – Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global economics and politics…

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FTSE 100 dips as BoE stands pat as expected, warns of uncertain outlook
  • Market

European shares edge higher ahead of key central bank decisions

TheSpuzz Desk2 months ago03 mins

Source: Live Mint (For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) March 20 (Reuters) – European shares nudged higher on Thursday, supported by real estate and energy stocks, as investors braced for a series of interest rate decisions by major central banks across…

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FTSE 100 dips as BoE stands pat as expected, warns of uncertain outlook
  • Market

Pound Climbs to 2025 High After Worst Start to Year Among Peers

TheSpuzz Desk3 months ago04 mins

Source: Live Mint (Bloomberg) — The pound climbed to its highest level this year against the dollar as traders covered short positions built up during a selloff in January. The UK currency rose 0.2% to 1.2596, a level last seen on Dec. 30. It has gained more than 4% in the past month, recovering from…

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Pound holds near three-year high on trade optimism
  • Market

BoE could slow QT to hold off bond vigilantes 

TheSpuzz Desk4 months ago08 mins

Source: Live Mint (Corrects amount gilt market would need to absorb in coming year in paragraph 8 and to distinguish between selling bonds and letting them roll off the balance sheet.) Jan 20, (Reuters) – Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax…

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RBI pitches for reducing cost, time of cross-border overseas remittances
  • Finance

RBI pitches for reducing cost, time of cross-border overseas remittances

TheSpuzz Desk8 months ago08 mins

Source: Business Standard India and a few other economies have already commenced efforts to expand linkage of crossborder fast payment systems both in the bilateral and multilateral modes, he said. (Photo: Reuters) 4 min read Last Updated : Oct 14 2024 | 3:45 PM IST Reserve Bank Governor Shaktikanta Das on Monday made a…

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Trending News

This little-known mulitbagger micro-cap stock just raised  ₹6 crore via preferential shares to buy BITCOINS! | Stock Market News
Market
This little-known mulitbagger micro-cap stock just raised ₹6 crore via preferential shares to buy BITCOINS! | Stock Market News
FTSE 100 dips as BoE stands pat as expected, warns of uncertain outlook
Market
Gold Steadies as Investors Weigh Impact of Trump Tariff Ruling | Stock Market News
Fag-end buying drives Sensex over 300 points higher, Nifty 50 above 24,800; metal stocks shine | Stock Market News
Market
Fag-end buying drives Sensex over 300 points higher, Nifty 50 above 24,800; metal stocks shine | Stock Market News
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