News
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BoE set to shelve interest rate cuts as US tariff narrative leads to uncertainty
The Bank of England (BoE) is set to reveal its monetary policy decision on Thursday, marking the second meeting of 2025.Expectations are high among market watchers that the central bank will keep its benchmark rate at 4.50%, following a 25 basis point reduction in the previous month.Fxstreet
Thu, Mar 20
METALS-Copper hovers near more than five-month high on anticipated US tariffs
SHANGHAI, March 20 (Reuters) - Copper prices on the London Metals Exchange hovered near their highest levels in more than five months on Thursday, with markets watching out for potential U.S. tariffs on the metal.Reuters
Thu, Mar 20
Asia stocks rise after Fed hold; China hit by tech profit-taking
Investing.com-- Most Asian stocks rose on Thursday, tracking gains on Wall Street after the Federal Reserve offered no surprises in its rate decision, while Chinese markets lagged after a stellar rally gave way to profit-taking.
Investing.com
Thu, Mar 20
PRECIOUS-Gold scales record peak as Fed signals two rate cuts in 2025
Gold hits record high of $3,057.21/ozFed holds benchmark rate Bullion has logged 16 record highs so far in 2025 By Anjana Anil March 20 (Reuters) - Gold touched an all-time high on Thursday as the U.S. Federal Reserve signalled two possible interest rate cuts this year, adding to the bulli...Reuters
Thu, Mar 20
WRAPUP 8-Fed in no rush to cut rates; Trump disagrees
US central bank keeps policy rate in 4.25%-4.50% rangePolicymakers anticipate two rate cuts in 2025Economic growth seen at 1.7% in 2025, inflation higher at 2.7%By Howard Schneider and Ann Saphir WASHINGTON, March 19 (Reuters) - The Trump administration's initial policies, including extensive...Reuters
Thu, Mar 20
Dollar steady as Fed's rate cut view calms market nerves
SINGAPORE, March 20 (Reuters) - The dollar steadied near five-month lows on Thursday after the Federal Reserve indicated rate cuts were likely later this year despite uncertainties around U.S. tariffs, while the pound hit a four-month high ahead of the Bank of England's policy decision.Reuters
Thu, Mar 20
Argus upgrades Restaurant Brands on global growth, calls stock undervalued
Investing.com-- The People’s Bank of China left its benchmark loan prime rate unchanged on Thursday, in line with market expectations as Beijing looks to dole out more fiscal measures, instead of monetary easing, to support economic growth.Investing.com
Thu, Mar 20
Nvidia to invest billions in US chip production over four years, FT reports
March 19 (Reuters) - Nvidia NVDA.O plans to invest hundreds of billions of dollars in U.S.-made chips and electronics over the next four years, the Financial Times reported on Wednesday, quoting CEO Jensen Huang.The artificial intelligence chip giant expects to spend around half-a-trillion...
Reuters
Thu, Mar 20
Yuan eases as China sets weakest fix in two months
SHANGHAI, March 20 (Reuters) - The yuan eased against the U.S. dollar on Thursday after China sets its official midpoint rate at the weakest in two months, signalling authorities are keen to prevent quick or sharp gains in the currency against a declining greenback.Reuters
Thu, Mar 20
SoftBank buys chipmaker Ampere Computing for $6.5 billion, deepening AI bet
Japan's SoftBank buys US chip startup Ampere Follows announced investments in OpenAI and Stargate projectAims to develop greater computing power for AIBy Stephen Nellis and Anton Bridge SANTA CLARA, California/TOKYO, March 19 (Reuters) - Japanese technology investor SoftBank Group 9984.T is a...Reuters
Thu, Mar 20
Trump says Fed would be better off cutting rates as tariffs 'transition' into economy
March 19 (Reuters) - U.S. President Donald Trump on Wednesday said the Federal Reserve would be better off cutting rates "as U.S. tariffs start to transition (ease!) their way into the economy", on the day the central bank kept rates unchanged. The Trump administration's initial poli...Reuters
Thu, Mar 20
Bank of England set to sit tight on rates as uncertainty mounts
LONDON, March 20 (Reuters) - The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the impact on the economy of U.S. President Donald Trump's trade tariff onslaught and of the British government's imminent tax hike for employers.Reuters
Thu, Mar 20
EXCLUSIVE-US suspends some efforts to counter Russian sabotage as Trump moves closer to Putin
NEW YORK/BERLIN, March 19 (Reuters) - Several U.S. national security agencies have halted work on a coordinated effort to counter Russian sabotage, disinformation and cyberattacks, easing pressure on Moscow as the Trump Administration pushes Russia to end its war in Ukraine.Reuters
Thu, Mar 20
Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
WASHINGTON, March 19 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay progress in bringing down inflation this year, but the Fed's base case is that tariff-related price impacts will be transitory, working through the eReuters
Thu, Mar 20
Oil rises on US fuel demand, Fed rate decision caps gains
US central bank keeps policy rate in 4.25%-4.50% rangeUS crude stocks rose more than expected, gasoline and distillate inventories fell last week, EIA saysRussia and Ukraine accuse each other of violating new ceasefire agreementIsraeli military resumed ground operations in the central and southern G...Reuters
Wed, Mar 19