Tag: cent
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Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
HONG KONG, Aug 28 : The U.S. dollar held flat near a one-week high against major peers on Friday, as investors stood on the sidelines ahead of Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole symposium for clues on his policy outlook.The euro and sterling were subdued near one-week lows against
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Shares turn cautious ahead of Warsh speech; FX, bonds hold breath
SYDNEY, Aug 28 : Shares in Asia turned cautious on Friday after a Nvidia-fuelled technology rally, while currency and bond markets held their breath for the world’s most powerful central banker to speak on U.S. interest rates. Oil prices were headed for weekly losses as Iran and Oman had agreed on administeri
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Tokyo core inflation creeps near BOJ’s target, bolsters rate-hike chance
TOKYO, Aug 28 : Annual core inflation in Tokyo accelerated in August for the third straight month, data showed on Friday, a sign of broadening price pressures that bolsters the case for an interest rate hike as soon as next month.The data, which is considered a leading indicator of nationwide trends, came in
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Tokyo core inflation accelerates in August, nears BOJ target
TOKYO, Aug 28 : Core consumer prices in Tokyo rose 1.8 per cent in August from a year earlier, data showed on Friday, creeping up towards the central bank’s 2 per cent target, in a sign of broadening price pressures from the Middle East conflict.The rise in the Tokyo core consumer price index (CPI), which…
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Stock indexes gain as Nvidia boost offsets caution on Middle East, Fed events
NEW YORK/MILAN, Aug 27 : MSCI’s global equities gauge rose on Thursday as Nvidia’s bullish outlook boosted tech shares and U.S. Treasury yields edged down before a speech from Federal Reserve Chair Kevin Warsh on Friday, although uncertainty over the Strait of Hormuz sent Brent futures higher.U.S. Treasury y
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Nvidia ignites chip stock rally as forecast shows AI boom is intact
Aug 27 : Nvidia ignited a chip-stock rally on Thursday with a rare long-term revenue projection that did what its recent quarterly beats could not — ease investor fears that the AI boom is fading.Shares of the chipmaker jumped 6.8 per cent, putting the chipmaker on track to add about $295.7 billion in marke
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World stocks steady as Nvidia boost tempers Jackson Hole caution
MILAN, Aug 27 : Stocks steadied on Thursday as Nvidia’s bullish outlook boosted tech shares, though caution ahead of Fed Chair Kevin Warsh’s Jackson Hole speech on Friday and uncertainty over the Strait of Hormuz checked appetite for risk.Technology stocks rallied 1.8 per cent in Europe and were among the few
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Dollar recoups some losses as focus shifts to Fed remarks at Jackson Hole
Aug 27 : The U.S. dollar showed signs of recovering some of last week’s losses on Thursday as investors awaited signals on the Federal Reserve’s policy path at the Jackson Hole symposium, following data that showed inflation remained stickier than economists had anticipated.Data in the previous session showed
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French telco Iliad’s core profit rises 2% on Italy strength
Aug 27 : French telecom operator Iliad posted a 2.2 per cent rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.The company’s earnings before interest, taxes, depreciation and amortization and after leases, or EBITDAaL, were €2 billion ($2.3 billion) in the first half of 2
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Iliad’s half-year core profit rises 2% on Italy strength
Aug 27 : French telecom operator Iliad posted a 2.2 per cent rise in its half-year core profit on Thursday, buoyed by strong performance in Italy.The company’s earnings before interest, taxes, depreciation and amortization and after leases, or EBITDAaL, was €2 billion ($2.3 billion) in the first half of 202
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