news

UK stocks fall as monetary tightening spurs selloff

14.06.2018, 12:18

Britain's main stock index stumbled on Thursday as equities across Europe sold off, with investors positioning for a European Central Bank policy shift following a hawkish outlook from the U.S. Federal Reserve.

Australian bank ANZ says to cut at least 60 markets jobs

14.06.2018, 11:47

Australia & New Zealand Banking Group (AX:ANZ) said on Thursday it will cut about 60 staff positions from its markets division across the world due to "challenging" conditions and "ongoing headwinds".

Euro falls 1 percent vs dollar and bond yields tumble on dovish ECB interest rate guidance

14.06.2018, 11:16

Euro zone bond yields tumbled and the euro headed for its biggest daily loss versus the dollar in eight months on Thursday after the European Central Bank indicated it would not be raising interest rates through the summer of 2019.

Forex - Euro Drops as ECB to End QE But Keep Interest Rates on Hold

14.06.2018, 10:55

The euro dropped on Thursday after the European Central Bank signaled plans to wind up its bond purchasing program stimulus program by the end of the year but reiterated that it expects to keep interest rates on hold until the middle of 2019.

Forex - Sterling Hits Day’s Highs on Upbeat UK Retail Sales Data

14.06.2018, 10:34

The pound rose to the day’s highs on Thursday after data showing that UK retail sales outstripped forecasts in May as good weather and the Royal Wedding boosted consumer spending.