The BoE now had “the green light” for a 25- basis point rate rise next month, Pantheon Macroeconomics chief UK economist Samuel Tombs said, after markets had previously priced a further 50 bps hike.
News of disinflation in the UK also generated optimism that euro-zone price increases may decelerate more rapidly than economists had forecast, helping the pan-European Stoxx 600 share index gain 0.5 percent in early dealings.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks fall on China slowdown | Bloomberg NewsEuropean stocks and oil retreated, while bonds rallied as more evidence pointed to a slowdown in China’s economy. LVMH and Hermes International lost more than 4 percent, leading declines among French luxury stocks and dragging the CAC 40 Index down 1.3 percent. Cartier owner Richemont sank 9 percent after reporting…
Source: BusinessMirror - 🏆 19. / 59 Read more »
US stocks extend rally as bank earnings top estimatesNEW YORK, United States -- Global stocks mostly rose Tuesday, with the Dow index in New York lodging its seventh straight gain, as solid banking earnings helped extend a market rally.
Source: manilabulletin - 🏆 25. / 51 Read more »
GCash launches stock market game to prep users for trading platformNewbie investors can practice trading stocks without the worry of losing money and have a chance of winning as much as P10,000 every week.
Source: rapplerdotcom - 🏆 4. / 86 Read more »