News
Rupee Holds Steady As Oil Prices Climb And RBI Steps In
1+ hour, 43+ min ago (136+ words) Early dollar selling by state banks helped the rupee stay firm, but higher crude and looming global central bank decisions keep the pressure on India's growth and inflation outlook. India's rupee stayed surprisingly steady even as oil prices jumped, after…...
Bof A Thinks The Bank Of England Will Pause, Then Tiptoe Higher
2+ day, 23+ hour ago (204+ words) Bof A expects a 3. 75% hold on April 30 with inflation risks still on the radar, followed by one or two hikes in 2026 and gradual cuts starting in 2027. Bank of America, a major US bank, expects the Bank of England to keep…...
Canada's Stocks Held Steady As Retail Sales Beat The Gloom
2+ day, 19+ hour ago (112+ words) A softer-than-expected February retail report still showed solid volumes, keeping rate-cut hopes muted even as energy dragged on the TSX. Canada's main stock index was basically flat Friday as retail sales came in a bit softer than expected, while energy…...
Intel's Big Earnings Beat Lifts Tech Futures Before Key Data
3+ day, 1+ hour ago (162+ words) Intel jumped premarket and pulled other chip stocks higher, while oil climbed on Middle East tensions ahead of consumer sentiment and rig-count updates. Intel's results jolted chip stocks higher ahead of closely watched US data, while oil climbed on renewed…...
Pound Slips As Oil Jumps And Inflation Heat Returns
4+ day, 3+ hour ago (117+ words) Sterling fell on US dollar safe-haven demand while UK cost pressures spiked, pushing traders to price in a higher chance of a Bank of England rate hike by June. The pound slid back to late-February levels as investors rushed into…...
Canadian Dollar Slips As Oil Rises And Risk Appetite Fades
3+ day, 17+ hour ago (101+ words) With Middle East tensions lifting crude and markets leaning cautious, the loonie took its cues from the US dollar tone ahead of Canada's retail sales and the Bank of Canada's next rate call. The Canadian dollar fell for a third…...
UK Inflation Warnings Are Back On The Bank Of England's Radar
3+ day, 22+ hour ago (195+ words) Fresh PMI and CBI surveys show a sharp jump in price pressures, pushing gilt yields up and investors to price in more 2026 rate hikes. UK inflation worries flared up again after April business surveys showed a record jump in companies…...
Moody's Put New Zealand's AAA Rating Outlook On Negative
4+ day, 8+ hour ago (111+ words) The AAA grade stands, but sticky inflation and a slower path to budget surplus raise the risk of higher borrowing costs for the government and households. Moody's shifted the outlook on New Zealand's AAA sovereign credit rating to negative from…...
Dollar Slips As Traders Wait On US Jobs And Oil Data
5+ day, 3+ hour ago (115+ words) Modern Investor Summit New York The greenback eased versus the euro, pound, yen, and loonie as markets sized up mortgage demand, inflation prints, and a packed slate of central bank appearances. The US dollar dipped early Wednesday versus the euro,…...
UK Pay Deals Ticked Up In Q1, But April Looks Softer
5+ day, 13+ hour ago (127+ words) Modern Investor Summit New York Brightmine data shows wage settlements near 3. 5% in early 2026, yet early April readings closer to 3% could ease Bank of England inflation worries. UK wage deals stayed sticky into early 2026, but first April readings hint pay growth…...