Australian shares fell on Thursday, weighed down by energy and financial stocks, as talks on a new U.S. fiscal coronavirus aid package dragged on, raising fears of a delayed deal. The S&P/ASX 200 index.AXJO fell 1.5% in intraday trade before miners helped it recoup some of the losses to settle 0.3% lower at 6,173.80, its [...]
The cost of living in the UK as represented by the Consumer Price Index (CPI) for September month is due on Wednesday at 06:00 GMT. The key inflation data will pave the way for market forecasts despite the current Brexit drama and the US stimulus headlines that dim the charm of the crucial economic releases. [...]
The Italian-German 10-year bond yield spread, also known as Italy's risk premium, rose by seven basis points to 1.34 basis points, according to a data. Meanwhile, Spain's risk premium increased by over four basis points, and France's rose by 1.5 basis points. The risk premiums increased as investors rotated money into the safe-haven German bonds [...]
Having initially played hard on the US Democrats’ easy money demands, which likely weigh his chances of winning in the upcoming presidential elections, Trump tries to convince the market that he is not the reason for the delay in the much-awaited stimulus package. In his latest comments, US President said he wants the biggest stimulus [...]
