Forex Haberleri
Powell Hints At Near-Term Interest Rate Cut: 'The Time Has Come For Policy To Adjust'
In a highly anticipated speech at the Jackson Hole Economic Symposium in Wyoming on Friday, Federal Reserve Chair Jerome Powell seemingly confirmed expectations that the central bank is prepared to begin lowering interest rates. "The time has come for policy to adjust," Powell said.
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62 gün önce
Nestle CEO Mark Schneider Resigns; Names Laurent Freixe CEO
Swiss food and beverage giant Nestle SA, which is struggling with weak financial performance, announced the resignation of Chief Executive Officer Mark Schneider, and the appointment of Laurent Freixe as the successor, effective September 1. Schneider has decided to relinquish his roles as CEO and member of the Board of Directors after more than 8 years with the company.
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62 gün önce
Pound Rises As Traders Await Fed Powell, BoE Bailey Speeches
The British pound strengthened against other major currencies in the European session on Friday, as trader's braced for Fed Chair Jerome Powell's Jackson Hole speech later in the day for confirmation U.S. rate cuts would start in September. The Bank of England governor Andrew Bailey is also scheduled to speak at the symposium.
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62 gün önce
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Friday.
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62 gün önce
Sensex, Nifty End Little Changed Ahead Of Fed Chair's Speech
Indian shares fluctuated before finishing on a flat note Friday as investors awaited Federal Reserve Chair Jerome Powell's eagerly anticipated Jackson Hole speech later in the day that could offer fresh insights on the central bank's interest rate cuts plans this year.
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62 gün önce
European Shares Extend Gains For Third Day
European stocks traded higher for a third straight session on Friday as investors braced for Fed Chair Jerome Powell's Jackson Hole speech later in the day for confirmation U.S. rate cuts would start in September.
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62 gün önce
UK Consumer Confidence Remains Unchanged Near 3-Year High: GfK
British consumer confidence remained unchanged near a three-year high in August on improving personal finance conditions, survey results from the market research group GfK showed Friday. The consumer confidence index held steady at -13 in August. The reading was the highest since September 2021. The score was forecast to improve to -12.
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62 gün önce
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FTSE 100 Edges Higher As Investors Await Cues On Rate Cuts
U.K. stocks advanced on Friday as higher oil prices lifted energy stocks and investors braced for Fed Chair Jerome Powell's Jackson Hole speech later in the day.
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62 gün önce
CAC 40 Inches Higher In Cautious Trade
French stocks edged higher in cautious trade Friday as investors awaited Fed Chair Jerome Powell's Jackson Hole speech later in the day for additional clues about an expected interest-rate cut by the U.S. central bank at its upcoming policy meeting in September.
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62 gün önce
DAX Gains Ahead Of Powell's Speech
German stocks rose modestly on Friday as investors awaited Fed Chair Jerome Powell's Jackson Hole speech later in the day for confirmation U.S. rate cuts would start in September.
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62 gün önce
FDA Approves Updated Pfizer, Moderna Covid Vaccines Against Current Variants
The U.S. Food and Drug Administration approved and granted emergency use authorization or EUA for updated Covid vaccines from Pfizer Inc. and ModernaTX Inc. for use against currently circulating variants. The approval for the updated mRNA COVID-19 vaccines (2024-2025 formula) comes as the Covid cases are surging in the United States.
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62 gün önce
Asian Shares Mixed In Muted Trading Before Powell's Speech
Asian shares ended mixed in muted trading Friday as investors awaited Fed Chair Jerome Powell's Jackson Hole speech later in the day for confirmation U.S. rate cuts would start in September.
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62 gün önce
Yen Falls Slightly; Traders Focus On Fed Chair Powell's Speech
The Japanese yen retreated from recent highs against other major currencies in the Asian session on Friday, as traders remain reluctant to continue buying stocks ahead of the Kansas City Fed's Jackson Hole Economic Symposium, which gets underway later in the day. They look ahead to Fed Chair Jerome Powell's comments for further clarity about the outlook for interest rates.
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62 gün önce
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