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Will the ECB be able to reignite the appetite of Euro bulls as the Central Bank appears to be running out of hawkish arguments. Will revised GDP data have an impact and where to next for the ECB?
Stocks fell after the Federal Reserve signaled the possibility of resuming its interest-rate hikes after pausing its tightening cycle in June to assess economic conditions.
The U.S. dollar falls despite the Fed’s hawkish policy outlook, as traders remain skeptical of policymakers' plans to resume rate hikes later this year, given the economic risks.
PacWest Sells Real-Estate Lending Unit The struggling regional bank is selling Civic Financial Services to Roc360. JPMorgan Says U.S. Virgin Islands Failed to Stop Epstein The bank alleges in new court filings that the U.S. territory's go... | 12:16am
U.S. Economy Shows Strength; ECB Could Raise Rates While Fed Pauses; Fighting for Paper Money By Michael Maloney Good day. U.S. economic activity rose in May to the highest pace in 13 months, showing persistent resilience to rising interest rates a... | 07:16am