The Latest Breaking News from ECB

France's public debt is very much in the spotlight. The country's recently appointed prime minister, Michel Barnier, calls it a "sword of Damocles" hanging over future generations. Indeed, for many countries, paying interest on the national debt deprives them of investing in education, healthcare, research and so on. Similar debates…

The dollar index (DXY00 ) today is up by +0.45% at a 7-week high. The dollar has rallied every day this week as stronger-than-expected US economic news has reduced the chances for a 50 bp Fed rate cut at next month’s FOMC meeting. Today’s US Sep payroll report added to...

Middlesex’s future at Lord’s is in doubt with the club having failed to secure a long-term extension of a tenancy agreement with the MCC that expires this year.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down by -0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -1.43%. Stocks on Tuesday posted moderate losses, with the S&P 500 and...

The dollar index (DXY00 ) Tuesday rose by +0.40% and posted a 1-1/2 week high. Escalating Middle East tensions boosted safe-haven demand for the dollar Tuesday after Iran launched a missile attack against Israel. The dollar also has carryover support from Monday when Fed Chair Powell said the FOMC is...

With inflation dropping to 2.2% in August 2024 and the potential for further interest rate cuts on the horizon, European markets could become more attractive as growth picks up. Thus, one could consider keeping an eye on fundamentally sound European stocks like Novartis (NVS), Unilever (UL), and Siemens Aktiengesellschaft (SIEGY).…

The S&P 500 Index ($SPX ) (SPY ) today is down by -1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -1.52%. Stocks today are trading lower, with the S&P 500 and Nasdaq...

The dollar index (DXY00 ) today is up by +0.33% at a 1-1/2 week high. The dollar has carryover support from Monday when Fed Chair Powell said the FOMC is in no hurry to cut interest rates. Also, weakness in the euro is boosting the dollar after EUR/USD slid to...

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.72%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.88%. Stocks today are moderately lower as escalating Middle East tensions sparked...