Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
The mixed open for European stocks comes after global markets rallied on Wednesday after U.S. consumer price inflation came ...
European Shares Extend Gains On Rate Cut Bets
European stocks extended gains on Friday, after having hit their highest level in a month the previous day on the back of strong ...
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Wall Street rally loses steam as European luxury shares advance
Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors.On Wall Street, both the S&P 500 and Nasdaq pushed higher at the opening bell thanks to ...
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FTSE 100 Soars Amid Cooling Inflation and Upbeat Earnings
Britain's FTSE 100 reached an eight-month high with support from positive earnings reports and signs of easing inflation. This buoyancy has fueled optimism around potential rate cuts by central banks ...
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Retail sales figures cast pall over US markets
US markets finished lower on Thursday following a mixed US retail sales report, while European luxury stocks pushed higher ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
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Fed Goolsbee sees solid inflation performance, expects lower rates in future
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, shared his views on the recent personal consumption expenditures (PCE) data during an interview on CNBC. The PCE core reading ...