Finance

Bank of Portugal cuts growth forecast for this year and next

Bank of Portugal cuts growth forecast for this year and next

By Sergio Goncalves LISBON (Reuters) -The Bank of Portugal on Tuesday lowered the economic growth outlook for this year to 1.6% from t..

Manchester-based mobile network sees unprecedented growth and attracts major investment.

Manchester-based mobile network sees unprecedented growth and attracts major investment.

With over 45% of adults in the UK struggling to manage their domestic bills and credit commitments, millions are left without access t..

Stocks lose ground, oil extends gains amid Middle East tension

Stocks lose ground, oil extends gains amid Middle East tension

By Iain Withers and Chibuike Oguh NEW YORK/LONDON (Reuters) – Global stocks fell on Thursday, weighed down by tepid trading in e..

Bob Chitrathorn: A Prudent Financial Advisor facilitating Financial Independence to all people

Bob Chitrathorn: A Prudent Financial Advisor facilitating Financial Independence to all people

“Money, like emotions, is something you must control to keep your life on the right track.” – Natasha Munson Making plans for th..

Asian shares retreat from 32-month top, Japan rallies as rate risk eases

Asian shares retreat from 32-month top, Japan rallies as rate risk eases

  By Stella Qiu SYDNEY (Reuters) -Asian shares retreated from a 32-month peak on Thursday as the sizzling rally in Hong Kong took..

Britain proposes new powers for banks in fight against fraudsters

Britain proposes new powers for banks in fight against fraudsters

  LONDON (Reuters) – Britain is giving banks enhanced new powers to delay and investigate suspicious payments in a bid to s..

Stocks stable, oil rises as wary investors eye Middle East hostilities

Stocks stable, oil rises as wary investors eye Middle East hostilities

By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very slightly on Wednesday whi..

Dollar gains as ADP shows better than expected jobs gains

Dollar gains as ADP shows better than expected jobs gains

By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..

15 Challenges facing financial digital marketers

15 Challenges facing financial digital marketers

Ronn Torossian By Ronn Torossian founded 5WPR, a leading PR agency Financial digital marketers face a unique set of challe..

Bonds rally, dollar firms as traders ponder rate cuts

Bonds rally, dollar firms as traders ponder rate cuts

By Yoruk Bahceli (Reuters) -Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Centr..

UK house prices rise 0.7% in September, Nationwide says

UK house prices rise 0.7% in September, Nationwide says

  LONDON (Reuters) -British house prices rose by a higher-than-expected 0.7% in September from August, with the annual growth rat..

Dollar drops after inflation data, Yen rebounds on Ishiba win

Dollar drops after inflation data, Yen rebounds on Ishiba win

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures con..

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exposed stocks such as luxury and min..

Stocks rise to records with Micron rally; oil prices slide

Stocks rise to records with Micron rally; oil prices slide

By Caroline Valetkevitch NEW YORK (Reuters) -A widely followed global stock index and the S&P 500 hit record highs on Thursday aft..

Bitcoin jumps while Japan holiday dulls most currencies

Bitcoin jumps while Japan holiday dulls most currencies

  SINGAPORE (Reuters) – Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally aft..

Sterling rises vs dollar, euro boosted by strong UK retail sale data

Sterling rises vs dollar, euro boosted by strong UK retail sale data

By Linda Pasquini (Reuters) – Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provide..

Stocks pinned near all-time highs, yen slips after Ueda’s comments

Stocks pinned near all-time highs, yen slips after Ueda’s comments

By Sruthi Shankar and Stella Qiu (Reuters) – World stocks hovered near record highs on Friday, underpinned by a big interest rat..

European shares slip but set for weekly gains; Mercedes drops

European shares slip but set for weekly gains; Mercedes drops

By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..

London blue-chips slip as sterling jumps after retail sales beat

London blue-chips slip as sterling jumps after retail sales beat

(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..

Dollar edges lower in choppy trading after Fed rate cut

Dollar edges lower in choppy trading after Fed rate cut

By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar edged slightly lower in choppy trading on Wednesday as market..

Fed rate cut glow spreads to Wall Street, jobs data helps

Fed rate cut glow spreads to Wall Street, jobs data helps

By Isla Binnie NEW YORK (Reuters) – U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wob..

Bank of England leaves rates at 5%, pound hits highest since March 2022

Bank of England leaves rates at 5%, pound hits highest since March 2022

LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British governme..

London stocks drop after inflation data, focus shifts to Fed

London stocks drop after inflation data, focus shifts to Fed

By Lisa Pauline Mattackal and Medha Singh (Reuters) -British stock indexes dropped on Wednesday as investors reined in bets on interes..

Sterling rises after UK inflation data and ahead of Fed

Sterling rises after UK inflation data and ahead of Fed

By Linda Pasquini LONDON (Reuters) – The British pound rose against the dollar on Wednesday after UK inflation data boosted the ..

US dollar edges lower as traders await Fed rate cut decision

US dollar edges lower as traders await Fed rate cut decision

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar edged lower against major currencies on Wednesday, giving up some of its overni..

How some hedge funds would trade a rate cutting cycle

How some hedge funds would trade a rate cutting cycle

By Nell Mackenzie LONDON (Reuters) -While many investors hope falling interest rates will usher in a soft economic landing, others for..

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

Europe’s STOXX 600 at two-week closing high in lead-up to Fed rate decision

By Shubham Batra and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 recorded its highest closing level in two-weeks on Tuesday, ..

US stocks, dollar rise with eyes on Fed and strong data

US stocks, dollar rise with eyes on Fed and strong data

By Isla Binnie NEW YORK (Reuters) -U.S. stocks followed European peers higher and the dollar firmed on Tuesday, as unexpectedly strong..

US dollar strengthens ahead of Fed rate cut move

US dollar strengthens ahead of Fed rate cut move

By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-exp..

Common Forex Trading Mistakes To Avoid For Beginners

Common Forex Trading Mistakes To Avoid For Beginners

There are several forex trading mistakes to avoid for beginners. Many novice traders enter the forex market unprepared and commit easi..

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

US dollar hits more than one-year low as market eyes aggressive Fed rate cut

By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar fell to a more than one-year low versus the yen on Mond..

US stocks mixed, dollar weak on rate cut expectations

US stocks mixed, dollar weak on rate cut expectations

By Isla Binnie and Amanda Cooper NEW YORK/LONDON (Reuters) -Major stock indexes were mixed at the New York open on Monday and the doll..

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold bulls set sights on previously dismissed record $3,000/oz milestone

By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..

UK’s National Grid to sell electricity system operator in $827 million deal

UK’s National Grid to sell electricity system operator in $827 million deal

  (Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK g..

ECB dents traders’ hopes for October rate cut

ECB dents traders’ hopes for October rate cut

  By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

Dollar weak, yen at 2024 high on bets of big rate cut from Fed

  By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..