May 21 2025, 13:24 British inflation jumped to a higher-than-expected annual rate of 3.5% in April from 2.6% in March, official figures showed on Wednesday. A Reuters poll of economists had pointed to a reading of 3.3% in April while the Bank of England earlier this month projected inflation of 3.4%. April saw increases in…
May 21 2025, 11:43 Gold rose to around $3,300 on Wednesday, nearing a two-week high and building on a more than 2% gain from the last session, supported by geopolitical risks and persistent weakness in the US dollar. Reports that Israel is planning a strike on Iranian nuclear sites have raised concerns that the Middle…
May 21 2025, 14:54 Both the STOXX 50 and STOXX 600 slipped 0.2% on Wednesday, retreating from nearly two-month highs reached the previous day, as traders awaited new catalysts amid concerns over stalled trade talks, weak economic data, and corporate earnings. Markets are closely watching the ongoing G7 finance ministers’ meeting for any signals that…
May 20 2025, 15:21 The dollar index fell to 100.1 on Tuesday, marking a near two-week low and extending a 0.7% decline from the previous session, as renewed concerns over the US economic and fiscal outlook weighed on sentiment. Traders also remained focused on potential developments in global trade negotiations. Over the weekend, Treasury Secretary…
May 20 2025, 14:27 Indonesia’s government sees economic growth reaching at least 5.2% next year as it continues to focus on improving food production, energy security and people’s wellbeing, its finance minister told parliament on Tuesday. Finance Minister Sri Mulyani Indrawati said economic growth in 2026 would be between 5.2% and 5.8% next year with…
May 20 2025, 14:47 European equity indices edged higher Tuesday, boosted by a Chinese rate cut as well as the possibility of peace talks to end the Ukraine conflict. At 03:05 ET (07:05 GMT), the DAX index in Germany climbed 0.2%, the CAC 40 in France gained 0.2% and the FTSE 100 in the U.K….
