Dollar Firms, Global Stocks Soar On Ecb Rate Cut Expectations

U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy.

Topics:  european central bank   german   european   dollar   stocks   rate   cut   expectations   
BING NEWS:
  • ECB Rate-Setters Agree on June Cut But Not Much Else Beyond
    There’s one thing European Central Bank officials seem to agree on — that a first cut in interest rates will probably be delivered in June.
    04/19/2024 - 8:30 am | View Link
  • Stocks Tumble as Havens Soar on Mideast Reports: Markets Wrap
    Global markets were rocked by reports of fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures and the dollar rallied. Gains for Treasuries sent the ...
    04/18/2024 - 3:19 pm | View Link
  • These 5 global currencies have tumbled this year as delayed rate cuts have supercharged the dollar
    Copy Link The dollar is on course for its best run in a year, pumped up by growing doubt in the US's ability to cut interest rates ... but have ruled out the use of rate hikes.
    04/16/2024 - 5:12 pm | View Link
  • US dollar rallies on safe-haven bids, rate cut delay; yen hits 34-year low
    Recent U.S. economic data on the labor market and inflation have caused market expectations for a rate cut from the Fed to be dialed back yet again.
    04/12/2024 - 8:51 am | View Link
  • US dollar rallies on safe-haven bids, rate cut delay; yen hits 34-year low
    Recent U.S. economic data on the labor market and inflation have caused market expectations for a rate cut from the Fed to be dialed back yet again. Expectations for a cut of at least 25 basis ...
    04/12/2024 - 4:33 am | View Link
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