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Bank of England to keep rate steady despite oil and gas price rebound

Bank of England to keep rate steady despite oil and gas price rebound

By David Milliken LONDON, July 27 (Reuters) - The Bank of England looks set to keep interest rates unchanged at 3.75% on Thursday, despite a recent spike in oil prices above $100 a barrel which may test whether it can avoid raising borrowing costs in response to the U.S.-Iran conflict.

UK public inflation expectations ease further in July, survey shows

UK public inflation expectations ease further in July, survey shows

LONDON, July 28 (Reuters) - The British public's expectations for future inflation continued to fall in July, according to a survey from U.S. bank Citi and pollsters YouGov that could help to reduce worries at the Bank of England about price pressures in the economy.

Bank of Japan to signal more rate hikes as price pressures build

Bank of Japan to signal more rate hikes as price pressures build

By Leika Kihara TOKYO, July 27 (Reuters) - The Bank of Japan is set to keep interest rates steady on Friday but leave scope for further hikes with hawkish communication, as the economy faces mounting inflationary pressure from the Middle East war, a weak yen and robust global AI demand.

Dollar hovers near four-week peak as markets mull Fed hike odds

Dollar hovers near four-week peak as markets mull Fed hike odds

By Medha Singh and Satoshi Sugiyama July 28 (Reuters) - The U.S. dollar steadied near a four-week high on Tuesday as traders assessed the possibility of a Federal Reserve interest rate hike this week, even as falling oil prices offered some relief on the inflation front.

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

By Scott DiSavino July 28 (Reuters) - Oil prices dropped 5% on Tuesday to a two-week low, on cautious hopes for a resolution to the Iran war as traders assessed developments in the Middle East. Brent futures fell $4.61, or 5.2%, to $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S.

Global stocks climb, oil slides after pause in Middle East fighting

Global stocks climb, oil slides after pause in Middle East fighting

By Wayne Cole and Sruthi Shankar July 27 (Reuters) - Global stock markets climbed on Monday as easing Middle East hostilities sent oil prices sharply lower and eased inflation worries ahead of a packed week of central bank meetings and earnings reports.

RBA's chief unsure if more rate hikes needed to tame inflation

RBA's chief unsure if more rate hikes needed to tame inflation

SYDNEY, July 28 (Reuters) - Australia's central bank chief on Tuesday warned that underlying inflation remained too high and a further slowdown in domestic demand may be required to tame prices, saying policymakers were prepared to raise interest rates again if needed.

Wall Street ends mixed as investors focus on tech earnings

Wall Street ends mixed as investors focus on tech earnings

By Sinéad Carew and Noel Randewich July 27 (Reuters) - Wall Street ended mixed on Monday, as investors awaited guidance from major technology companies in a busy week for quarterly earnings, while also worrying that stubbornly high oil prices could force the Federal Reserve to raise interest rates.

US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boom

US core capital goods orders rise, shipments post largest gain in 4-1/2 years amid AI investment boom

By Lucia Mutikani WASHINGTON, July 27 (Reuters) - New orders for key U.S.-manufactured capital goods increased strongly in June while shipments surged by the most in 4-1/2 years as businesses ramped up spending on artificial intelligence, suggesting the economy maintained a fairly strong pace of

Oil prices fall to one-week low after US pauses attacks on Iran

Oil prices fall to one-week low after US pauses attacks on Iran

By Shariq Khan and Seher Dareen NEW YORK/LONDON , July 27 (Reuters) - Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow

Stocks mixed, oil and Treasury yields drop on Iran-US pause

Stocks mixed, oil and Treasury yields drop on Iran-US pause

By Karen Brettell July 27 (Reuters) - Stocks were mixed on Monday while oil prices tumbled and Treasury yields dropped after the U.S. and Iran paused strikes over the weekend, halting two weeks of attacks.

Shares, bonds bounce as oil skid offers inflation relief

Shares, bonds bounce as oil skid offers inflation relief

By Wayne Cole SYDNEY, July 27 (Reuters) - Share markets rallied in Asia on Monday as a pause in fighting in the Gulf dragged oil prices sharply lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and corporate earnings.