Rouble rallies after sudden rate cut

(Reuters) -The Russian rouble rallied to its strongest level since June 2020 against the euro on Friday after an unexpected central bank rate cut, while stock indexes were mixed after the U.S. congress voted to ban Russian oil.

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08-04-2022

Dollar riding high after index hits 100 for first time in nearly two years

LONDON (Reuters) -The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.

newspaper

08-04-2022

Japan finance panel warns on higher rates pushing up borrowing costs

An advisory panel to Japanese Finance Minister Shunichi Suzuki warned on Friday of a risk of a spike in interest payments on public debt and urged efforts to ensure sound fiscal policy to guard against the possibility of higher bond yields.

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08-04-2022

Credit Agricole stake in Italy's Banco BPM sparks bid speculation

MILAN (Reuters) -France's Credit Agricole has become the single largest investor in Banco BPM after buying a 9.2% stake, raising the prospect of a full takeover bid and sending shares in Italy's third-largest lender sharply higher.

newspaper

08-04-2022

Rouble shrugs off sudden rate cut, stocks down on new U.S. sanctions

(Reuters) -The Russian rouble showed little reaction to an unexpected central bank rate cut on Friday, while stock indexes inched lower, weighed down by shares in oil companies which fell after the U.S. congress voted to ban Russian oil.

newspaper

08-04-2022

European shares set for weekly gains; focus shifts to French elections

(Reuters) -European shares rallied on Friday to erase weekly losses, while investors focused on a tight race between far-right rival Marine Le Pen and incumbent Emmanuel Macron in the runup to the first round of French presidential elections over the weekend.

newspaper

08-04-2022

Dollar index touches 100 for first time in nearly two years

The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.

newspaper

08-04-2022

Atlantia boosted by Edizione, Blackstone bid report

Shares in Italy's Atlantia rose more than 3% on Friday after a report that leading investor Edizione and Blackstone could launch a bid for the Italian road and airport operator at around 24 euros per share around Easter.

newspaper

08-04-2022

Strong open puts European shares on course for weekly gains

European shares jumped 1.2% in early trade on Friday, erasing losses for the week, while investors look to the first round of French presidential elections over the weekend with incumbent Emmanuel Macron's win no longer a foregone conclusion.

newspaper

08-04-2022