Euros Scope to Fall Due to Ecb Rate Cuts Looks Limited
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ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Hopes
Gold edged higher in early Asian trade, supported by hopes for Fed rate cuts which would enhance the allure of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Germany omit Hummels, Goretzka for Euro '24
Euro 2024 hosts Germany named a largely expected preliminary squad on Thursday, with Mats Hummels and Leon Goretzka the only notable absentees.ESPN - Sports -
Kanté in France's Euro squad despite Saudi move
France coach Didier Deschamps included midfielder N'Golo Kanté in his preliminary list of players for the European Championship on Thursday and gave a first call-up to Paris Saint-Germain forward Bradley Barcola.ESPN - Sports -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
HSBC falls 3% amid reports that top shareholder Ping An is looking to trim its stake
Ping An last year had supported a shareholder motion to spin off HSBC's Asia business and establish fixed dividends. The motion was eventually defeated.CNBC - Business -
Walmart chia seeds sold nationwide recalled due to salmonella
Private-label food supplier recalls 32-ounce pouches of Great Value Organic Black Chia Seeds because of potential contamination.CBS News - Top stories -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
NFL schedule release 2024: Steelers, Bills with toughest roads to playoffs due to difficult season slate
The Steelers and Bills won't have an easy road to the postseasonCBS Sports - Sports - NFL -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
New Dutch coalition aims to reintroduce 80mph limit in cull of climate goals
Government, including far-right leader Geert Wilders, announces it will abandon key green policies in strategy. The Netherlands’ new right-wing coalition government aims to reintroduce daytime speeds of 80mph on motorways as part of a number of ...The Guardian - World - Climate -
House Republicans pick funding totals, undercutting debt limit deal
Politico - Politics - Republican Party