The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »
FILE PHOTO: New York Fed President William Dudley takes part in a panel convened to speak about the health of the U.S. economy in New York, U.S. on November 18, 2015. REUTERS/Lucas Jackson/File Photo (Reuters) – New York Federal Reserve President William Dudle... More »
FILE PHOTO: Two Euro coins are seen after being minted in the Austrian Mint (Muenze Oesterreich) headquarters in Vienna June 20, 2013. EUTERS/Leonhard Foeger /File Photo TOKYO (Reuters) – The euro hit a two-month high versus the dollar and held firm against ot... More »
With the announcement of Jerome Powell as the new Federal Reserve Chair, banks are likely to see a battle between a boost from deregulation supported by the new Fed leader and the challenge of a flattening yield curve as monetary policy is likely to remain on ... More »
The dollar edged away from last week's three-month highs on Monday, while the euro nursed losses after the European Central Bank and unrest in Spain's Catalonia led it to post its worst week this year. More »
Asian shares climbed on Monday, as technology stocks were bolstered by solid earnings from U.S. tech stalwarts and on strong pre-orders for Apple's iPhone X, while oil hovered around a 2-year peak on supply fears. More »
The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »
World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. More »
The S&P 500 posted its sixth straight record high close on Thursday, its longest run since 1997, as investors cheered increased prospects for a tax overhaul with Congress moving closer to agreement on a budget resolution. More »
Democrats in the U.S. Congress wield little clout nowadays, but they will likely have plenty of influence on the looming issue of the U.S. debt ceiling and party leaders are considering whether they should try to convert that advantage into bargaining power on... More »
A combination file photo shows international banks Morgan Stanley, Barclays, Goldman Sachs, JPMorgan, Credit Suisse, Citigroup and Bank of America Merrill Lynch from Reuters archive. REUTERS/File photos The 34 largest U.S. banks have all cleared the first stag... More »
