Tue, 21-Oct-2025

US inflation peaks but disappoints markets

US inflation

US shares slid Wednesday following facts that confirmed a slowdown in inflation, but less than buyers had anticipated. European stocks, which have been buying and selling strongly higher, pared their gains after the United States Labor Department stated the customer price index (CPI) rose by 8.5 percent in April, down from the 8.5 percent annual gain registered in … Read more

European stocks fall, pound takes fresh tumble

European

Fears over the impact of interest rate hikes to combat sky-high inflation sent European and Asian stocks plunging on Friday. However, after a day of steep losses, Wall Street has stabilised. Meanwhile, the pound fell to $1.2276, a two-year low, one day after the Bank of England (BoE) warned that UK inflation would exceed 10% … Read more

China worries weigh on global stocks

China

Stock markets often fell Tuesday as investors were concerned approximately the effect of the Covid outbreak in China and growing hobby fees inside the United States. Wall Street didn’t get any momentum from Monday’s gains and a relief rally in Europe faded as the day wore on. The European unmarried forex hit a two-yr low … Read more