July 2024 – Page 4

Chinese leaders pledge to tilt stimulus towards consumers

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|Date: Tuesday, 30 July 2024
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Chinese leaders pledge to tilt stimulus towards consumers

BEIJING (Reuters) -Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this y ...

BEIJING (Reuters) -Chinese leaders signalled on Tuesday that the stimulus measures needed to reach this year's economic growth target will be directed at consumers, deviating from their usual playbook ...

Tuesday, 30 July 2024
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Macquarie bullish on USD into 2025 should Trump win

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|Date: Tuesday, 30 July 2024
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Macquarie bullish on USD into 2025 should Trump win

The US Presidential election on November 5th appeared far enough away to let the Fed's actions dominate m ...

The US Presidential election on November 5th appeared far enough away to let the Fed's actions dominate market movements.However, recent political developments and increased odds in favor of Donald Tr ...

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Exclusive-China stocks regulator likely to promote law enforcement chief to vice chair, sources say

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|Date: Tuesday, 30 July 2024
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Exclusive-China stocks regulator likely to promote law enforcement chief to vice chair, sources say

Li Ming, chief of the enforcement bureau of the China Securities Regulatory Commission (CSRC), will repla ...

Li Ming, chief of the enforcement bureau of the China Securities Regulatory Commission (CSRC), will replace vice chairman Fang Xinghai, who is set to retire soon, according to three of the sources who ...

Tuesday, 30 July 2024
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Dollar steady ahead of start of Fed meeting; traders remain wary

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|Date: Tuesday, 30 July 2024
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Dollar steady ahead of start of Fed meeting; traders remain wary

At 05:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other curre ...

At 05:10 ET (09:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded just higher at 104.342, moving within a tight range.The Fed starts its two-day po ...

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Harris campaigns in Georgia, as some Democrats see new hope

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|Date: Tuesday, 30 July 2024
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Harris campaigns in Georgia, as some Democrats see new hope

WASHINGTON (Reuters) - Vice President Kamala Harris makes her first trip to Georgia as a presidential can ...

WASHINGTON (Reuters) - Vice President Kamala Harris makes her first trip to Georgia as a presidential candidate Tuesday, where she is expected to rally with rapper Megan Thee Stallion. With less than ...

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Dollar’s reign to live on even as global monetary landscape evolves

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|Date: Tuesday, 30 July 2024
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Dollar’s reign to live on even as global monetary landscape evolves

While flagging the potential for a more diversified currency landscape, UBS highlights the dollar's deep ...

While flagging the potential for a more diversified currency landscape, UBS highlights the dollar's deep liquidity, stability, and the stickiness of global currency regimes. Gold is identified as a ke ...

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Yen weakens on last minute doubts about BOJ hike

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|Date: Tuesday, 30 July 2024
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Yen weakens on last minute doubts about BOJ hike

(Reuters) -The Japanese yen weakened on Tuesday as traders had some last minute doubts about whether the ...

(Reuters) -The Japanese yen weakened on Tuesday as traders had some last minute doubts about whether the Bank of Japan would hike rates this week, while other majors held steady with Bank of England a ...

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Fed meeting, Microsoft earns, BP dividend – what's moving markets

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|Date: Tuesday, 30 July 2024
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Fed meeting, Microsoft earns, BP dividend – what's moving markets

The Federal Reserve starts its July policy meeting later in the session, and after a benign June inflatio ...

The Federal Reserve starts its July policy meeting later in the session, and after a benign June inflation report, investors after looking for the policymakers to lay the groundwork for a September ra ...

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Bank of Korea board split on rate cut timing amid hot housing market, minutes show

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|Date: Tuesday, 30 July 2024
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Bank of Korea board split on rate cut timing amid hot housing market, minutes show

The Bank of Korea said at the meeting that it was time to prepare for a pivot to interest rate cuts after ...

The Bank of Korea said at the meeting that it was time to prepare for a pivot to interest rate cuts after leaving the benchmark interest rate steady at a 15-year high of 3.50% for the 12th straight me ...

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New UK government cuts billions of pounds of spending to fix 'unsustainable' finances

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|Date: Tuesday, 30 July 2024
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New UK government cuts billions of pounds of spending to fix 'unsustainable' finances

LONDON (Reuters) -Britain's new finance minister, Rachel Reeves, told parliament her Conservative predece ...

LONDON (Reuters) -Britain's new finance minister, Rachel Reeves, told parliament her Conservative predecessor had left public spending on track to go over budget by 21.9 billion pounds ($28 billion) t ...

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