Now playing Next Economy US inflation comes in lower than expected in July Inflation has taken a central role in the presidential election, with former President Donald Trump blaming the Biden administration's energy policies for the price increases. 14/08/2024
Now playing Next Economy Why global financial markets are witnessing a wave of risk aversion Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. 05/08/2024
Now playing Next Business Global stocks plunge after tech-driven sell-off and US growth fears The global sell-off on stock markets deepened as US jobless figures hit a three-year high. The unemployment rate rose to 4.3%, up from 4.1% and its highest level since October 2021. 02/08/2024
Now playing Next Economy BoE cuts interest rates in first drop in four years as inflation falls The Bank of England cut interest rates by 0.25% to 5% with a narrow 5-4 vote, as inflation met the 2% target. This decision caused the British pound to weaken and led to a slight rebound in UK equities. 01/08/2024
Now playing Next Economy Fed holds rates steady as Powell hints at a rate cut in September Fed holds rates steady at 5.25-5.50%, yet Powell hints at a possible rate cut in September. Treasury yields fall, gold spikes, and US stock indices rally. 01/08/2024
Now playing Next Markets Fed rate decision: European stock markets recoup most of earlier falls European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets opened lower despite the Fed’s rate decision propelling Wall Street to all-time highs overnight. 13/06/2024
Now playing Next Markets Fed holds US interest rate steady with just one possible cut this year The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains persistently high. 12/06/2024
Now playing Next Markets European stocks, single currency rally as US inflation cools European assets surged on Wednesday following a lower-than-expected inflation report in the United States, brightening the outlook for potential Federal Reserve interest rate cuts this year. 12/06/2024
Now playing Next Markets Weekly review of markets: Investors hit by a reality check European stock markets declined on Thursday, reversing the surge seen earlier in the week. The overall weekly performance may end up flat as investors reassess the outlook for central banks' interest rate policies. 17/05/2024
Now playing Next Markets Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be on the Federal Reserve's monetary policy meeting to gauge investment sentiment. 29/04/2024
Now playing Next Markets The week ahead on the markets with all eyes on the ECB's rate decision This week, the European Central Bank (ECB) is scheduled to convene the monetary policy meeting, offering clues on the interest rate path and the economic outlook. Additionally, the US will release its March inflation data, steering the global market’s sentiment. 08/04/2024
Now playing Next Markets Gold hits fresh high: Why are investors turning to the precious metal? A closer look at why the price of gold has hit a fresh record this week as other commodities also move higher, including oil prices. 02/04/2024
Now playing Next Markets Bitcoin tops $67,000 as US Federal Reserve keeps rates steady Bitcoin has seen increased interest over the past few months, following the approval of bitcoin exchange-traded funds earlier this year. 21/03/2024
Now playing Next Economy Fed clears path for rate cuts: Powell lifts stocks and gold higher The Federal Reserve has set the stage for interest rate cuts later this year, indicating a shift from its long-standing restrictive policy. March's FOMC meeting kept rates stable but hinted at three cuts in 2024. The projection spiked investor confidence, pushing the S&P 500 and gold to record highs 21/03/2024
Now playing Next Markets Gold prices reach all-time highs: Which European stocks may benefit? Gold prices hit a record high, as markets eye potential Fed rate cuts in 2024. 08/03/2024
Now playing Next Economy Why did markets fall after Fed meeting and Powell’s remarks? Why did markets fall after Fed meeting and Powell’s remarks? 01/02/2024
Now playing Next Markets Markets’ week ahead: European stocks slip ahead of Fed rate reveal The US Federal Reserve is expected to announce its interest rate decision on Wednesday, with speculations of a rate cut increasingly losing steam. 29/01/2024
Now playing Next Economy US jobless claims shows resilience for the world's biggest economy Latest US jobless claims and GDP data shows world's largest economy is still expanding. 21/12/2023
Now playing Next Markets Gold price climbs as investors buy the bullion after Fed rate decision Euronews Business looks at how the markets are performing on Thursday after the US Federal Reserve's latest interest rate decision. 14/12/2023
Now playing Next Economy US Federal Reserve holds rates steady and paves way for cuts in 2024 The US Federal Reserve bank held interest rates steady on Wednesday night and paved the way for potential cuts in 2024. 14/12/2023