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Finance

Finance

Sterling steady near $1.37 as eyes turn to BoE announcement 

Bermuda Broadcasting Newsdesk -
Sterling was last up less than 0.1% versus the dollar at $1.3696 International News via Reuters: The pound held steady against the dollar on Monday near...
Finance

Global equity funds attract inflows for third week in a row

Bermuda Broadcasting Newsdesk -
Global equity funds attracted $33.39 billion worth of inflows in the week, compared with about $9.5 billion worth of inflows in the previous week,...
Finance

European shares edge higher on earnings optimism

Bermuda Broadcasting Newsdesk -
The pan-European STOXX 600 inched up 0.1% as of 0804 GMT International News via Reuters: European stocks edged higher on Friday, reflecting resilient risk appetite and...
Finance

Dollar rallies on prospects for new Fed chief; Bitcoin tumbles

Bermuda Broadcasting Newsdesk -
Trump said he intends to name his pick to replace Fed Chair Jerome Powell on Friday, following news that former Fed Governor Kevin Warsh...
Finance

Dollar under pressure as investors remain jittery over U.S. policy

Bermuda Broadcasting Newsdesk -
The dollar has been under pressure for several reasons, including expectations of continued Federal Reserve rate cuts, tariff uncertainty and U.S. policy volatility International News...
Finance

Sterling close to multi-year highs vs dollar, focus shifts to BoE, politics

Bermuda Broadcasting Newsdesk -
The greenback edged down against a basket of currencies as uncertainty over U.S. economic policies and geopolitical moves weighed on sentiment International News via Reuters: The...
Finance

Stocks retreat from record high, dollar higher after Fed keeps rates steady

Bermuda Broadcasting Newsdesk -
In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth, and gave little indication in its latest policy statement of when...
Finance

Pound gives back some gains after hitting four-year high on Trump comments

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.44% at $1.3784- it rose more than 1.2% on Tuesday to $1.3867, its highest level since September 2021 International News via...
Finance

London’s FTSE 100 falls as healthcare, bank stocks decline

Bermuda Broadcasting Newsdesk -
The FTSE 100 fell 0.4% by 1056 GMT, while the domestically focused FTSE 250 bucked the trend, rising 0.1% and hitting its highest level...
Finance

Stocks climb to record on earnings optimism, gold gains continue

Bermuda Broadcasting Newsdesk -
On Wall Street, the S&P 500 and Nasdaq were higher as investors digested a flurry of major earnings releases International News via Reuters: Global stocks rose...
Finance

UK’s FTSE 100 rises on banking gains as investors eye US Fed decision

Bermuda Broadcasting Newsdesk -
The bank index was up 2.2%, climbing to its highest level since May 2008, with HSBC Holdings gaining 2.9% and NatWest Group and Lion...
Finance

UK regulator kicks off review on impact of AI on retail finance

Bermuda Broadcasting Newsdesk -
The review will look at how the evolution of AI could affect markets and firms, including changes to competition and market structure, as well...
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