Downside Risks On January Jobs Data, But Benchmark Revisions May Not Be As Bad As Feared
The week began with a bang with the US tariff threat, which at the last minute was postponed by the US for a month.
The world’s second-largest gold storage suddenly has very long lines to withdraw bars
President Donald Trump’s tariff threats have created such strong demand for UK-held gold, traders are facing potentially weeks-long queues for a chance to withdraw it.
CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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European shares climb to record high ahead of BoE rate cut
LONDON: European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under ...
Beijing May Need to Aggressively Stimulate Domestic Demand
Beijing may have to eventually stimulate domestic demand aggressively as it did during the previous trade war as China relies ...
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff ...
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European shares hit record high as BoE cuts and tech earnings loom
The euro fell 0.5% to $1.0359, while the BoE cut pushed sterling down nearly 1% to below $1.24. Benchmark BoE rates are now ...
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Bank of England cuts interest rate to 4.5 pct
LONDON -- The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth.
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Today's markets: FTSE 100 hits a record high
The FTSE 100 hit a record high clear of 8,700 thanks to strong numbers from its largest weighting AstraZeneca, while traders ...
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Gold retreats from all-time high
Gold prices fell today, Feb. 6, but remained near the all-time high it reached yesterday amid increased momentum of demand for safe-haven assets due t ...