Sterling climbs to one-month high Published 13 Jul, 2026 04:58am LONDON: The pound rose on Friday to an almost one-month high against the dollar and a one-year peak versus the euro...
Financial risks from ME war still remain: BoE Published 08 Jul, 2026 05:27am LONDON: The Bank of England on Tuesday warned that economic risks from the Middle East conflict could amplify...
FTSE indexes post weekly gain Published 04 Jul, 2026 02:29am FRANKFURT: Britain’s FTSE 100 ended higher on Friday and notched a weekly gain, supported by financials, while...
FTSE indexes weighed by banks and energy stocks Published 29 Jun, 2026 02:36am LONDON: London’s FTSE indexes closed lower on Friday, weighed by declines in energy stocks and heavyweight banks,...
Financial markets have responded positively Published 29 Jun, 2026 02:36am The Federal Reserve’s primary inflation indicator, the Personal Consumption Expenditure (PCE) index, remains...
Markets maintain optimistic outlook Published 22 Jun, 2026 06:04am On Friday, June 19, the Swiss Foreign Ministry announced that the planned technical and follow-up discussions had...
FTSE 100 close lower on political uncertainty Published 22 Jun, 2026 05:36am LONDON: UK shares fell on Friday as US-Iran tensions and political uncertainty dampened risk appetite, sealing a...
Sterling strengthens on Burnham win Published 22 Jun, 2026 05:36am LONDON: The pound rose on Friday as traders digested a parliamentary by-election victory for Andy Burnham which...
FTSE 100 suffers weakest week amid political uncertainty Published 20 Jun, 2026 04:57am LONDON: UK shares fell on Friday as US-Iran tensions and political uncertainty dampened risk appetite, sealing a...
European shares retreat as markets mull hawkish US Fed Published 19 Jun, 2026 05:50am FRANKFURT: European shares slipped on Thursday as investors increased bets on a US Federal Reserve rate hike later...
Bank of England keeps rates steady as it assesses Iran truce Published 18 Jun, 2026 06:51pm The central bank’s Monetary Policy Committee voted 7-2 to keep rates on hold
Dollar firms as markets await Fed decision Published 18 Jun, 2026 05:37am NEW YORK: The dollar edged higher on Wednesday ahead of the conclusion of the Federal Reserve’s two-day policy...
Dollar near 10-day low as US, Iran reach peace deal Published 16 Jun, 2026 04:12am LONDON/HONG KONG: The US dollar hovered near a 10-day low against other major currencies on Monday as a preliminary...
Pound heads for third weekly gain against dollar Published 08 Jun, 2026 02:29am LONDON: The pound edged up on Friday, set for a third weekly gain versus the dollar, ahead of major US jobs data, as...
Sterling dips, remains within recent range Published 01 Jun, 2026 04:28am LONDON: The British pound edged lower against the dollar on Friday as uncertainty over a possible US-Iran peace deal...
Stablecoin demand may soon fade: BoE Published 01 Jun, 2026 04:28am DUBROVNIK: The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of...
Global bond rout deepens as inflation fears mount Published 18 May, 2026 07:59am The two-year yield touched a 14-month top of 4.1020%, while the 30-year US Treasury yield rose to a one-year high of 5.1590%
Iran war pauses global easing push by central banks in April Published 06 May, 2026 08:41pm LONDON: The Iran war has seen major central banks put interest rates on hold in April and stymied an easing push in...
Changes in global economic environment also unfavourable for gold Updated 04 May, 2026 05:53am As the geopolitical crisis remains unresolved and appears increasingly complicated, necessitating greater clarity...
Sterling steady at 10-week high Published 04 May, 2026 05:20am LONDON: British pound held near a 10-week high against the dollar on Friday as traders digested a week of central...
Dollar heads for biggest weekly loss against yen Published 02 May, 2026 06:16am NEW YORK: The dollar was headed for a second straight day of losses against the yen on Friday after Japan was...
Gold heads for weekly loss as high oil prices feed inflation worries Published 02 May, 2026 06:16am NEW YORK: Gold prices fell more than 1percent on Friday and were headed for a weekly loss of a similar magnitude, as...
EM stocks and currencies inch up in thin trade Published 02 May, 2026 06:16am BENGALURU: Indexes tracking emerging market stocks and currencies inched up in holiday-thinned trade on Friday with...
US dollar slides against yen Published 01 May, 2026 05:18am NEW YORK: The US dollar fell sharply against the yen on Thursday after Japanese authorities were reported to have...
Bank of England hold rate steady, signals possible hikes Published 30 Apr, 2026 10:51pm LONDON: The Bank of England on Thursday left its benchmark interest rate unchanged at 3.75 percent, but signalled...
Dollar rises before Fed decision Published 30 Apr, 2026 06:00am NEW YORK: The dollar rose broadly against major peers on Wednesday as investors awaited a US Federal Reserve policy...
European shares hit near three-week low on ME impasse Published 29 Apr, 2026 05:57am FRANKFURT: European shares ended near a three-week low on Tuesday as mixed corporate earnings, uncertainty over the...
Gold prices end steady Published 28 Apr, 2026 06:05am NEW YORK: Gold prices were steady on Monday, as traders stayed cautious ahead of upcoming central bank meetings,...
Dollar slips as US-Iran talks stall Published 28 Apr, 2026 06:05am NEW YORK: The US dollar fell against major currencies on Monday as investors weighed a diplomatic impasse in US-Iran...
European shares edge lower as US-Iran talks stall Published 28 Apr, 2026 06:05am FRANKFURT: European shares started the week on a subdued note as investors braced for a packed scheduleof central...