After lowering key rates again in December, the deposit facility benchmark rate has fallen from 3% to 2.75%, its lowest level since early 2023.
In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Axfood added 6.5% and St. James's Place rose 6.1%. On the other hand, Deutsche Bank slipped 6.1%, and Swatch Group Bearer dropped 5.8%.
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to shareholders dropping to €106mn, a 92 per cent fall from the same period ...
Find insight on St. James’s Place, Deutsche Bank, BBVA and more in the latest Market Talks covering financial services..
European stocks closed mostly higher on Wednesday as investors focused on corporate earnings news and looked ahead to policy ...
DHF Capital analyst Bas Kooijman commented: "The European Central Bank is expected to cut rates by 25 basis points, with further reductions likely if inflation pressures ease and economic growth slows ...
British wealth manager St James's Place on Thursday reported better-than-expected managed funds for 2024, driven by 4.33 ...
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday, with all major indices gaining ground in early trading, as the European Central Bank (ECB) is expected to cut interest rates in an ...
(Alliance News) - London's FTSE 100 was solidly higher heading into Thursday afternoon's European Central Bank decision, with Airtel Africa and St James's Place shining, Shell rising despite profit ...
The BOJ’s first major quantitative tightening step took place in July 2024 when it decided to slash bond buying by ¥400 ...
De Verdelon is currently group head of LCH SwapClear and listed rates, having joined London Stock Exchange Group, LCH ’s owner, in 2017. She previously held sales and strategy roles as a managing ...
A DECISION in August by Glencore management to retain the group’s coal assets raises the possibility of much-improved cash ...