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Search resuls for: "Axel Rudolph"


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London CNN —London’s stock market has edged ahead of its rival in Paris as fears grow over the outcome of France’s looming parliamentary elections. The first round of the French elections is scheduled for June 30, followed by a second round on July 7. Hubert de Barochez, a senior market economist at consultancy Capital Economics, said investors might be concerned that a parliament run by the National Rally would penalize banks. In contrast with the political and financial turmoil in France, UK financial markets are “relatively stable,” said Rudolph at IG Group. Credit ratings agencies are already keeping a close eye on France, one of the EU’s three most-indebted countries.
Persons: Emmanuel Macron, Axel Rudolph, you’ve, , OpinionWay, Macron, Hubert de Barochez, Rudolph, Richard Hunter, Mohit Kumar Organizations: London CNN, Bloomberg, CAC, FTSE, European Union, , CNN, National, BNP, Credit, Capital Economics, IG Group, Labour Party, Interactive Investor, National Rally, Jefferies Locations: Paris, France, United Kingdom, Europe’s, Britain
Wall St futures edge lower as investor await data, policy cues
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +2 min
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Wall Street ended the Thanksgiving week on a positive note, with the major indexes notching up their fourth consecutive week of gains on growing optimism that the Federal Reserve was likely done hiking interest rates. ET, Dow e-minis were down 48 points, or 0.14%, S&P 500 e-minis were down 7 points, or 0.15%, and Nasdaq 100 e-minis were down 23.75 points, or 0.15%. The personal consumption expenditure index data for October - the Fed's preferred inflation gauge - is slated to be released on Thursday. Reporting by Shristi Achar A and Shashwat Chauhan in Bengaluru; Editing by Saumyadeb ChakrabartyOur Standards: The Thomson Reuters Trust Principles.
Persons: Brendan McDermid, Axel Rudolph, Shristi Achar, Shashwat Chauhan, Saumyadeb Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Dow e, IG Group, Walmart, Crown, Elliott Investment Management, Reuters, GE HealthCare, UBS, Thomson Locations: New York City, U.S, Bengaluru
LONDON, Jan 12 (Reuters) - The yen got a boost on Thursday on expectations the Bank of Japan will review the side effects of its monetary easing, while the dollar held near a seven-month low against the euro ahead of U.S. inflation data later in the day. "You could start to see the normalisation of monetary policy which would be a huge step for Japan (and) a very positive tailwind for the yen," Turner added. The U.S. dollar index was last down 0.06% to 103.04, not far off its seven-month low of 102.93 hit earlier in the week. "Our core views for Fed policy versus ECB policy would be for a stronger euro-dollar through the year." Data released on Thursday showed Australia's trade surplus unexpectedly widened in November and came in well above forecasts.
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