Banks

NEW YORK, Feb 2 (Reuters) - A gauge of global stocks climbed for a third straight day and longer-dated U.S. Treasury yields were flat on Thursday, as policy announcements from a host of central banks added to optimism…

Economists at TD Securities discuss the Federal Reserve interest rate decision and its implications for EUR/USD and USD/JPY. Hawkish (25%) “The FOMC delivers a 25 bps rate hike but downplays the recent decline in…

German GDP fell 0.2% in Q4 - halfway into recessionJust in: Germany is on the brink of recession, after its economy contracted in the last quarter of 2022.German GDP fell by 0.2% in the October-December quarter, statistics body Destatis…

The Washington Examiner's Byron York weighs in on the Biden classified documents controversy and Texas banning real estate purchases by citizens from specific countries on "The Evening Edit." Wealthy Russian oligarchs are likely…

The average rate for a 30-year mortgage dropped to 6.15% last week — the lowest in 18 weeks.This dip in rates provides welcomed relief for many potential homebuyers who've put their dreams on pause thanks to high mortgage interest rates,…

European markets climbed slightly on Friday as traders see a partial recovery from Thursday's selloff, with the outlook for monetary policy still firmly in focus.The pan-European Stoxx 600 opened 0.3% higher, with mining stocks leading…

A British Union flag flies near Big Ben at the Palace of Westminster, in London, UK, on Monday, Oct. 24, 2022.Jason Alden | Bloomberg | Getty ImagesThe U.K. is fiscally unstable and this has led the government to indulge in…

U.S. stocks were mixed Tuesday afternoon as a shortened but busy week packed with corporate earnings got underway on Wall Street.The Dow Jones Industrial Average (^DJI) shed 300 points, or around 0.8%, weighed down by bank stocks after…

Fog shrouds the Canary Wharf business district including global financial institutions Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, on the Isle of Dogs on…

Banks and finance institutions that have signed up to net zero pledges are still investing heavily in fossil fuels, research has shown, leading to accusations they are acting as “climate arsonists”.The Glasgow Financial Alliance for Net…