Category: stoke
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Asian Stocks Rise as US Data Stoke Rate Cut Bets
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Breadcrumb links BMN Business Asian shares rose after the Federal Reserve’s preferred measure of inflation came in below expectations, reigniting bets on an interest rate cut. The dollar stabilized. Article writer: Published on December 22, 2024 • Last updated 29 minutes ago • 3 minutes read You can save this…
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Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters
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By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…
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Euro drops as glum PMI readings stoke bets on more ECB easing By Reuters
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By Sruthi Shankar and Vidya Ranganathan LONDON/SINGAPORE (Reuters) – The euro fell against the dollar on Monday after business activity readings showed a bleak picture for the euro zone economy, boosting bets for more interest rate cuts by the European Central Bank this year. The single currency fell 0.4 percent…