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Source: Live Mint NEW YORK (Reuters) -The U.S. dollar edged higher against some of its peers including the yen and euro on Thursday as markets weighed fresh tariff threats, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank. President Donald Trump on Thursday said the United States will put a…
Source: Live Mint (Bloomberg) — European Central Bank President Christine Lagarde predicted that no European Union country will choose to add Bitcoin to its monetary reserves. Responding to comments by her Czech counterpart, Ales Michl, that his institution will look into the matter, she cast doubt on such prospects, saying the cryptocurrency doesn’t meet criteria…
Source: Live Mint European Central Bank Governing Council member Klaas Knot said investor bets for interest-rate cuts in January and March are reasonable, while any commitment beyond is difficult due to heightened global uncertainty. “I’m pretty comfortable with the market expectations for the upcoming two meetings,” the Dutch central banker told Bloomberg TV’s Francine Lacqua…
Source: Live Mint (Bloomberg Opinion) — The European Central Bank hosted its annual pow-wow this week in the bucolic hills of Sintra, Portugal. There was the usual round of panels with other central bank heads and earnest discussions of economic papers. But instead of debating academic issues, policymakers might have been better off focusing on more immediate…
Source: Live Mint A COUNTRY BATTLING recession, high energy costs and political uncertainty may be an unlikely home for Europe’s hottest stockmarket. But Germany’s DAX index, the benchmark for its 40 largest publicly traded companies, rose by 12% in dollar terms last year, making it one of the best-performing indices in Europe (see chart 1)….
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday, following losses in global markets. Asian markets traded lower, while the US stock market fell overnight after the release of key economic data. The US producer prices rose more than forecast in November,…
Source: Live Mint Stock Market News: On Friday, the domestic benchmark indices, Sensex and Nifty 50, closed higher, recovering from the losses incurred during the opening session. By the close of the trading day, the Nifty 50 had gained 104 points or 0.42%, ending at 24,854.05. The Sensex ended at 81,224.75, showing an increase of…
Source: Business Standard 3 min read Last Updated : Oct 13 2024 | 4:41 PM IST Quarterly earnings of corporates, trading activity of foreign investors and inflation data are the key factors that are expected to drive the momentum in the equity markets this week, analysts said. Moreover, markets would also focus on…
Source: Live Mint European stocks rose on Friday, with the regional benchmark marking its best week in a month. Danish stocks hit an all-time high, helped by this year’s rally in Novo Nordisk A/S. The Stoxx 600 Index rose 0.8% at the close in London, rounding out a 1.9% advance for the week to recoup…
