Feb 10 2025, 14:17 The Bank of England (BoE) is expected to take a measured approach in adjusting its monetary policy, with Barclays (LON:BARC) analysts predicting that the central bank will hold off on more aggressive rate cuts until mid-year. While the BoE recently reduced the Bank Rate by 25 basis points to 4.5%, the…
Feb 10 2025, 15:35 Major bourses in Europe kicked off the week slightly higher, with both the STOXX 50 and the STOXX 600 adding about 0.2%, as traders try to shrug off concerns about the trade war. President Donald Trump announced plans to impose 25% tariffs on all imports of steel and aluminum into the…
Feb 10 2025, 15:38 The Hang Seng soared 388 points or 1.8% to end at 21,522 on Monday, rising for the third session and notching their highest level since early October amid widespread sector gains. Concerns about China’s deflation notably eased after Sunday’s data showed consumer inflation hit a 5-month high due to solid holiday…
Feb 10 2025, 15:42 Gold price (XAU/USD) retains its bullish bias through the first half of the European session on Monday and touches a fresh all-time high, around the $2,896-$2,897 region in the last hour. Concerns about the potential economic fallout from US President Donald Trump’s tariffs and escalating US-China trade tensions continue to boost…
