Stocks higher after Trump win and Bank of England interest rate cut
Wall Street’s main stock indices hit record highs again on Thursday as the FTSE 100 (^FTSE) and European stocks pushed higher on Thursday as the Bank of England (BoE) cut interest rate s for the second time this year. The Bank’s monetary policy committee (MPC) voted by a majority of 8–1 to reduce Bank Rate by 0.25 percentage points, from 5%.
How to navigate political debates at work after Trump's win
6 days ago · According to a 2024 survey by Gallup, political discussions can have both positive and negative effects on employees. On one hand, 14% of employees say these conversations have helped them feel included, and 11% say they have grown closer to a coworker because of their political views. At the same time, 12% say political conversations at work ...
Will bitcoin hit $100,000 after Trump win? - Yahoo Finance
4 days ago · Bitcoin could reach a new all-time high of $100,000 (£77,436) by the inauguration of Donald Trump as the US president on 20 January, according to an analyst.Bitcoin rose after Trump's US presidential election victory, to trade above the $75,000 mark — a new all-time high. Market analysts speculate this rally may continue as pro-bitcoin policies under the new …
Best UK mortgage deals of the week, 7 November - Yahoo Finance
6 days ago · NatWest (NWG.L) is offering 3.84% for a five-year deal with a £1,495 fee, which is unchanged from last week. For a two-year fix, the cheapest deal comes in at 3.99%, also unchanged. In both cases, you'll need at least a 40% deposit to qualify for the rates. Find out the latest mortgage rates and deals from HSBC, NatWest, Santander, Barclays ...
Irish Premier, Ahead in Polls, Calls Election for This Month
(Bloomberg) -- Ireland will hold an election later this month after Prime Minister Simon Harris ended months of speculation about an early vote, taking advantage of favorable poll numbers and a slump in support for Sinn Fein, the main opposition party. Most Read from BloombergParis Restricts Through Traffic in City CenterKey Ballot Initiatives and Local Races Highlight Views …
Qualcomm chip sales to Chinese smartphone makers fuel strong …
6 days ago · Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits from a wave of launches of flagship Chinese smartphones. Qualcomm's derived 46% of its revenue in its most recent fiscal year from customers with headquarters in China. The company shot down a question on a …
ECB’s Knot Is Optimistic on Outlook for Euro-Zone Economy
Investor updates on key trending stocks. ECB’s Knot Is Optimistic on Outlook for Euro-Zone Economy. Cagan Koc. Thu, 7 Nov 2024, 8:10 am1 min read. (Bloomberg) -- European Central Bank Governing Council member Klaas Knot said he’s upbeat on the prospects for the region’s economy as inflation moderates and borrowing costs fall.
Xi Congratulates Trump on Victory, Urges Stable US-China Ties
Wed, 6 Nov 2024, 7:57 pm2 min read. (Bloomberg) -- Chinese President Xi Jinping congratulated Donald Trump on his victory in the presidential election and called for stable ties between the world’s two largest economies. Most Read from Bloomberg. Paris Restricts Through Traffic in …
Trump’s Tariffs May Have Muted Impact on Indonesia, Analysts Say
(Bloomberg) -- US President-elect Donald Trump’s proposed tariffs are expected to have a relatively limited impact on Indonesia, compared to its Asian neighbors that are more reliant on exports, according to analysts.Most Read from BloombergParis Restricts Through Traffic in City CenterKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationFrom …
Dollar drops as Fed cuts rates, traders unwind some Trump trades
The dollar held onto earlier losses on Thursday after Federal Reserve Chair Jerome Powell failed to offer any strong clues that the U.S. central bank was likely to pause rate cuts in the near-term, after a widely expected 25 basis point reduction. Traders also closed out some profitable bets on a Donald Trump presidency after his election victory on Tuesday. Fed policymakers took note …