Investors track data, Fed minutes

The Stoxx 600 continues to trade at a 3-month high The Stoxx 600 index It extended its rise in afternoon trading to its highest level since August 19. Gains were led by mining stocks, up 1.8%, travel stocks up 1.5%, and technology and retail stocks, both up 0.4%. Despite the recent gloomy economic data, falling … Read more

New Zealand interest rate hikes and inflation data

New Zealand’s central bank hints at more increases to come Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr said the bank’s only goal is to reach the official money rate to a point where inflation can diminish. Orr’s comments come after the central bank raised its largest interest rate hike, by 75 basis points. … Read more

The EU’s focus on terrorist financing has faded — and the threat has not — Politico

Tom Keating is the founding director of the Center for Security and Financial Crime Studies at the Royal United Services Institute. Seven years ago this month, a tragedy struck Paris in which terrorists killed 100 innocent citizens, and hundreds more sustained life-changing injuries. The Paris disaster heralded a wave of terrorist attacks both large and … Read more

Open to close after a big week for earnings and monetary policy

Stocks on the go: Adidas rises 20%, Leonardo drops 7% German sportswear brand Adidas jumped 20% to top the Stoxx 600 list in Friday afternoon deals after announcing a new collaboration following her split from artist Kanye West. On the other hand, shares of Italian aerospace and defense company Leonardo fell 7% after issuing full-year … Read more

‘The Federal Reserve is breaking things’ – this is what keeps Wall Street on edge as risks mount around the world

Jerome Powell, Chairman of the US Federal Reserve, during a federal hearing event in Washington, DC, US, on Friday, September 23, 2022. Drago | Bloomberg | Getty Images Such as Federal Reserve Efforts to tame inflation are intensifying, sending the dollar, bonds and stocks up, and concern is growing that a central bank crackdown will … Read more