AI investment, consumer spending likely to boost US growth in Q329-Oct-2026, 15:3329 Oct 2026, 15:33Resilient consumer spending and AI-driven business investment more than offset the impact of higher oil...
The current average refinance rate on a 30-year, fixed-rate home loan is 7.270%, according to Mortgage Research Center data. If you’re a homeowner hoping to refinance your mortgage for a lower rate or perhaps...
OCBC strategists Sim Moh Siong Christopher Wong highlight that the New Zealand Dollar (NZD) fell after the Reserve Bank of New Zealand (RBNZ) unexpectedly held the OCR at 2.75%. Policymakers still signal tighter policy ahead, with two further hikes expected in December and 1Q27.
There are just a couple of key expiry levels to take note of on the day, as highlighted in bold below.The first is for EUR/USD at the 1.1100 level, which sits around 30 pips from the spot price. As things...
The Australian Dollar (AUD) is down 0.14% to near 0.7040 against the US Dollar (USD) during the European trading session on Thursday. The Aussie pair corrects from its fresh monthly high of 0.7068, as US...
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.25 in the early European trading hours on Thursday.
Good morning. As chancellor John Healey delivered the first budget of the Burnham government yesterday afternoon, the now-familiar phrasings were all in there: “breathing space” for households, “growth in...
EXPLAINERAs protests over living costs and programme cuts spread across Europe, under-35s hold 2.8 percent of household wealth.Student protests that began in September in France have spread to more than 11...
Federal regulators announced Wednesday that they are examining whether major airlines, ride-hailing companies, delivery services and retailers are using personal data to charge different customers different...
A U.S. cruise ship on an around-the-world voyage that touted its cabins as floating homes suspended its three-year journey in Cambodia due to fuel costs, forcing hundreds of passengers to disembark.
The Japanese Yen (JPY) trades almost flat against the US Dollar (USD) at around 157.80 during the European trade on Thursday. The USD/JPY pair consolidates as investors shift their focus to the Bank of Japan’s (BoJ) monetary policy announcement on Friday.
The Indian Rupee (INR) revisits a two-week low against the US Dollar (USD) on Thursday as elevated oil prices continue to keep the South Asian currency under pressure. In the opening session, the USD/INR pair trades slightly higher to near 95.30.
Rupee strengthens against US dollarNEW DELHI: Rupee strengthened against the US dollar in early trade on Thursday, rising 11 paise to 95.17 after the American currency softened following the US Federal...
The GBP/USD pair trades in negative territory around 1.3320 during the early European trading hours on Thursday. The British Pound (GBP) weakens against the US Dollar (USD) following the UK Budget.
China's 800 billion yuan (approximately $120.1 billion) in New Policy-based Financial Instruments for 2026 was fully deployed as of Oct. 28, with China Development Bank disbursing 365 billion yuan (approximately $54.8 billion), the Export-Import Bank of China 120 billion yuan (approximately $18.0 billion) and the Agricultural Development Bank of China 315 billion yuan (approximately $47.3 billion). The rollout took only about two months from first deployments in early September to completion. The three banks said the projects they support carry combined total investment of more than 11.5 trillion yuan, focused on artificial intelligence, the digital economy, green and low-carbon development, biomedicine and consumption, with a clear tilt toward private investment and major provincial economies. The funds are used entirely to replenish project capital; once capital is in place, loans still require independent bank review, and total project investment does not equal investment completed in the current period.
By Kati Weis Reporter Kati Weis is an award-winning investigative reporter for CBS California Investigates, the largest investigative team in the state. Kati is based at CBS Los Angeles, serving communities across southern California. She seeks to help others, empower audiences, and generate positive change through her
A U.S. cruise ship on an around-the-world voyage that touted its cabins as floating homes suspended its three-year journey in Cambodia due to rising fuel costs, forcing hundreds of passengers to disembark....
“It is like letting the tyres down and then handing you a pump,” says James Nye, assessing the relief handed to businesses in John Healey’s first budget as chancellor.The managing director of Norfolk’s...
John Healey has unveiled a package of support for households being buffeted by “global economic storms”.“I’m setting a new course to get energy costs down in line with Europe,” the chancellor said in his...
The EUR/USD pair meets with fresh supply during the Asian session on Thursday, stalling the previous day's modest recovery from the 1.1110 area, or its lowest level since May 2025 amid the emergence of some US Dollar (USD) buying.