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Yen surges as traders brace for interest rate shift while risk mood sours By Reuters

By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The yen rallied for a fourth day running on Thursday, reaching…

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Business

Canada cuts key rate for second time

Milan-based UniCredit unveiled better than expected second-quarter earnings and improved its early guidance on Wednesday as it also announced the…

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Business

HIVE Digital to build data center in Paraguay, targeting higher hash rate (NASDAQ:HIVE)

luza studios/E+ via Getty Images HIVE Digital Technologies (NASDAQ:HIVE) said that it plans to construct a 100MW digital asset mining…

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ECB’s Villeroy says market expectations for future ECB rate cuts ‘reasonable’ By Reuters

PARIS (Reuters) – Market expectations for the path of future interest rate cuts by the European Central Bank are “rather…

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Business

ECB keeps interest rate at 3.75%

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Asian stocks drift higher as rate cut bets grow; China lags By Investing.com

Investing.com– Most Asian stocks rose on Tuesday, tracking gains on Wall Street amid increasing expectations for a September interest rate…

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US importers balk at return of $10,000 container shipping rate

By Lisa Baertlein LOS ANGELES (Reuters) – The cost to ship a standard 40-foot container of toys, auto parts or…

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Business

Barclays now sees two rate cuts by the Federal Reserve in 2024

Barclays economists on Friday said they now expect the Federal Reserve to make two cuts in interest rates in 2024,…

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Business

Crude oil edges higher as U.S. inflation reading bolsters rate cut hopes (NYSEARCA:USO)

SlavkoSereda/iStock via Getty Images Crude oil futures climbed for a second straight session Thursday, as a tamer than expected U.S.…

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Gold prices advance, rate cuts in focus as CPI data looms By Investing.com

Investing.com– Gold prices rose in Asian trade on Thursday, benefiting from weakness in the dollar and Treasury yields as speculation…

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