Currencies

European Stock Markets Weaken as Investors Eye US Rates and Ukraine

No new record highs were set on the German stock market on Wednesday morning, with the DAX slipping 0.4 percent to 24,330 points. The DAX remains stuck in its sideways phase since June, always with...

Sterling edges up as inflation rises to highest in 1-1/2 years

LONDON -The British pound rose marginally against the dollar and euro on Wednesday after data showed inflation hit its highest in 18 months in July, with markets not fully pricing the next rate cut...

Swedish central bank keeps key rate on hold, could still cut this year

STOCKHOLM -Sweden's central bank held its key interest rate at 2.00% as expected on Wednesday and said it still sees some probability of a further rate cut this year as it tries to balance...

Oil flows resume to Hungary, Slovakia via Druzhba pipeline, officials say

Oil is once again flowing to Hungary and Slovakia via the Druzhba pipeline, officials from both countries said late on Tuesday, after a Ukrainian drone strike on an oil pumping station in Russia's...

Trading Day: Tech it down a notch

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Wall Street slumped on Tuesday,...

Switzerland considers joining UK's 'dirty money' task force

LONDON -Switzerland is considering joining a British-led international task force targeting kleptocrats and recovering stolen assets, it said on Tuesday, as it seeks to shake off its reputation as a...

Sterling nudges higher against dollar, inflation data in focus

Sterling tracked the euro higher against the dollar on Tuesday as markets gauged the probability of a peace deal between Russia and Ukraine following encouraging diplomatic signals from a White House...

Foreign investors stock up on euro zone debt in June

FRANKFURT -Foreign investors added to their stock of euro zone debt in June, European Central Bank data showed on Tuesday, in a tentative sign the bloc was becoming more popular at a time of...

Trading Day: Muted Monday, eyes on Trump summitry

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Many world markets took a breather on...

Barter is back in Russia as one Chinese company seeks to navigate settlement issues

MOSCOW -In Russia, barter is back for the first time since the chaos of the 1990s as settlement problems resulting from the conflict in Ukraine have forced at least one Chinese company to seek steel...

What US stagflation risks mean for world markets

LONDON -The spectre of U.S. stagflation is stalking global markets, causing some investors to position portfolios to dodge the potential damage that tariffs could wreak on growth and inflation in the...

Britain cancels extra border checks for animals ahead of UK-EU deal

LONDON -Britain is suspending the previously planned introduction of extra border checks on live animal imports from the European Union to ease trade ahead of the implementation of a deal agreed in...

Norway wealth fund excludes six Israeli companies linked to West Bank, Gaza

OSLO/COPENHAGEN -Norway's sovereign wealth fund, the world's largest, will exclude another six Israeli companies with connections to the West Bank and Gaza from its portfolio following an ethics...

Sterling treads water as markets await Ukraine talks, UK CPI

Sterling treaded water against the dollar on Monday as investors focused on a pending meeting between U.S. President Donald Trump and leaders from Ukraine and Europe as well as UK consumer inflation...

Sterling climbs versus dollar, on track for weekly rise

Sterling rose against a weakening dollar on Friday and was set to end the week higher after upbeat economic data and a hawkish rate cut by the Bank of England. Sterling, which has...

DAX Stagnates as RWE and HelloFresh Plunge

Amid a flood of corporate earnings reports, investors on the German stock market hit the brakes on Thursday. The DAX edged up just 0.1 percent to 24,221 points in morning trading. On Wednesday, hopes...

Trading Day: Is the only Fed doubt now a 25 or 50 bps cut?

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Stocks rose around the world on...

Russia's GDP growth slows to 1.1% in Q2, says Rosstat

Russia's gross domestic product grew by 1.1% in the second quarter of 2025 compared with 4.0% growth in the same period last year, federal statistics service Rosstat said on Wednesday, another sign...

Sterling edges up to highest level since July on rate outlook

LONDON -The pound rose to three-week highs against the dollar on Wednesday, as investors grew increasingly convinced that U.S. interest rates are likely to fall more quickly than British ones,...