Category: dent
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Car finance crisis set to cost billions and dent investor confidence, warns Lloyds boss
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A worsening car finance crisis could deal a major blow to Britain’s economic prospects, according to the head of the country’s largest retail bank. Charlie Nunn, chief executive of Lloyds Bank, warned that uncertainty caused by the latest court rulings was undermining investor confidence and risking a multi-billion-pound claims storm…
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Asia FX upbeat as rate cut bets dent dollar; yen on intervention watch By Investing.com
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Most Asian currencies rose on Thursday as growing expectations of a Federal Reserve interest rate cut weighed on the dollar, while a fragile yen kept traders wary of possible government intervention. But gains in Asian currencies were capped by hawkish signals from the minutes of the Federal Reserve’s June meeting,…
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Asia FX weak with US inflation in sight; China tariff fears dent yuan By Investing.com
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Investing.com — Most Asian currencies were modestly lower on Friday as the dollar stabilized from overnight declines, with focus shifting squarely towards key US inflation data due next week, which is likely to provide further signals on interest rates. The Chinese yuan fell, as did currencies with trade exposure to…