Stocks rebound, FX muted; Sri Lankan assets get boost from rate cut
* Hungary seen reverting to 75-bps rate cut pace * China's yuan eases after Monday's sharp bounce * Turkey's Kurds could sway... -March 26, 2024 at 05:53 am EDT - MarketScreener
Stay updated with breaking news from Ebury Ryan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
* Hungary seen reverting to 75-bps rate cut pace * China's yuan eases after Monday's sharp bounce * Turkey's Kurds could sway... -March 26, 2024 at 05:53 am EDT - MarketScreener
The FTSE 100 in London was down at midday Friday, seeing Thursday's rally from hopes of interest rate cuts in the US coming to an end. The FTSE 100 index was down 38.18 points, 0.5%, at 7,610.80. The...
Brazil’s newly elected president is stuck between protesters on one side and financial markets on the other.
By Stefano Rebaudo
The euro edged lower on Friday after European Central Bank officials sent mixed policy signals, while expectations of a 50 basis point rate hike from the Federal Reserve supported the US dollar which briefly hit a new 25-month high, according to Reuters. ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook a day