BoE Bank Rate peak seen at 5.50%, but strong chance of 5.75%: Reuters poll
BoE Bank Rate peak seen at 5.50%, but strong chance of 5.75%: Reuters poll
ECB’s strong policy response needed for next half year, Kazimir says
ECB’s strong policy response needed for next half year, Kazimir says
Strong results boost European shares ahead of Fed meeting
European shares scaled near seven-week highs on Wednesday following strong results from Britain’s Reckitt Benckiser and Russia-exposed lender UniCredit, while investors awaited a U.S. Federal reserve policy decision later in the day. The STOXX 600 index rose 0.4%, with sentiment also getting a lift after upbeat results from U.S…
Most Asian FX set for strong weekly gains as dollar slips
Most Asian currencies gained against the U.S. dollar this week, as the greenback was headed for its first weekly loss in five after an improvement in risk appetite put a brake on the safe-haven currency’s rally. Earlier this week, the U.S. dollar touched a one-year high but slipped as the week progressed on improving optimism…
U.S. job growth seen strong as technical factors provide a boost
U.S. job growth seen strong as technical factors provide a boost
Cattle gain on strong packer margins; profit-taking sinks hogs
CHICAGO — Chicago Mercantile Exchange (CME) cattle futures firmed on Friday on strong beef plant margins and good demand from packers for fed cattle, traders said. Cash beef prices have flattened after a prolonged run higher, but packers continue to make a large profit on each animal slaughtered. “We’re probably seeing that our boxed beef…