The Latest Breaking News from ECB

Hollywood actor Ryan Reynolds, nine IPL teams show interest in The Hundred

The Hundred's attempt to privatise and raise investment through the sale of franchises has paved the way for a three-round bidding process, the first of which will begin today (October 18).

The Times of India · Oct 18, 2024

Stocks Settle Mostly Higher on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down by -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.08%. Stock indexes on Thursday settled mixed, with the Dow Jones Industrials...

Barchart · Oct 17, 2024

Dollar Advances on Strong US Economic News and a Weak Euro

The dollar index (DXY00 ) Thursday rose by +0.22% and posted a 2-1/2 month high. Thursday’s better-than-expected US economic news on weekly jobless claims, Sep retail sales, and the Oct NAHB housing market index supported moderate gains in the dollar. Also, weakness in the euro boosted the dollar after the...

Barchart · Oct 17, 2024

European Central Bank Expected To Cut Borrowing Costs

Global markets react to ECB rate cut anticipation, Chinese economic concerns, and U.S. earnings reports. Oil prices rise on supply disruption fears, dollar...

Top News · Oct 17, 2024

Stocks Climb Before the Open With Focus on U.S. Retail Sales Data and Netflix Earnings

December S&P 500 E-Mini futures (ESZ24) are up +0.36%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.68% this morning as upbeat results from Taiwan Semiconductor Manufacturing Co. boosted sentiment, while investors awaited a fresh batch of U.S. economic data as well as an earnings report from streaming giant…

Barchart · Oct 17, 2024

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Oct 17, 2024

European Central Bank poised to cut rates again as inflation drops below target

The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is expected to cut borrowing costs once again on Thursday after figures showed inflation across the bloc falling to its lowest level in more than three years and economic growth waning

The Independent UK · Oct 17, 2024

ECB Set To Cut Rates Again As Inflation Cools

European Central Bank policymakers meet on Thursday with fading price pressures and weaker economic activity in the eurozone nudging them towards making another cut to interest rates.

International Business Times · Oct 17, 2024

Dollar Rallies as the British Pound and Euro Slide

The dollar index (DXY00 ) Wednesday rose by +0.32% and posted a 2-1/4 month high. Wednesday’s weaker-than-expected UK September consumer price report was dovish for BOE policy and undercut the British pound (^GBPUSD ) to benefit the dollar. The dollar also found support on weakness in the euro ahead of...

Barchart · Oct 16, 2024

Dollar Gains on British Pound Weakness

The dollar index (DXY00 ) today is up by +0.10% and posted a 2-1/4 month high. Today’s weaker-than-expected UK consumer price report for September is dovish for BOE policy and undercut the British pound (^GBPUSD ) to the benefit of the dollar. The dollar also found support on today’s stronger-than-expected...

Barchart · Oct 16, 2024