13 Mins Ago British pound up 0.2% against dollar ahead of BOE decision The British pound extended gains from the previous two sessions against the dollar and was trading up 0.2% at $1.2288 at 11:30 a.m. in London. The Bank of England is due to announce its latest interest rate decision, with a 25 basis ...

Gold prices have more room to rise and could go as high as $2,600 per ounce. Investors have been turning to gold and Treasurys after the collapse of Silicon Valley Bank and Credit Suisse’s struggles. Gold’s all-time high was $2,075 in August 2020, according to Refinitiv data. Investors have been flocking to gold and Treasurys ...

47 Mins Ago European banks extend gains: UBS up 8%, Commerzbank up 7% European banks extended their gains at the top of the Stoxx 600 index Tuesday afternoon, with UBS having gained more than 8% around 2.30 p.m. London time. See Chart… graph to show UBS share price. An Hour Ago European stocks maintain strong ...

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Look for buying opportunities Buy Starbucks Watch Nvidia 1. Look for buying opportunities Stocks ticked largely higher to start the trading week Monday after UBS reached an agreement to buy ...

First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines before the market’s opening bell. First Republic — The bank tumbled about 19% premarket after Standard & Poor’s cut its credit rating again, to B+ from BB+, ...

34 Mins Ago European banking stocks slide 31 Mins Ago European stocks open lower European stocks were lower in early trade as investors assessed a news-filled weekend that resulted in a UBS takeover of Credit Suisse. The Stoxx 600 index was 1.4% lower at 8:30 a.m. London time, with losses across the major stock exchanges ...

4 Mins Ago There is adequate liquidity in India’s banking system, Kotak Mahindra Bank says There is “adequate” liquidity in India’s banking system and the Reserve Bank of India will continue to watch the sector closely, said Shanti Ekambaram, whole time director of Kotak Mahindra Bank. Her comments come after the recent collapse of regional ...

Churning financial markets, as the failure of three U.S. banks and uncertainty over one big European one continues to play out, did not stop some investors from buying that so-called dip in the stock market at one point last week. That’s according to a weekly report released Friday from Vanda Research, which said retail investors ...

Photo illustration of Euro and USD banknotes. The U.S. dollar steadied just below recent peaks on Wednesday, as investors waited to hear from the Federal Reserve and pondered whether weak U.S. data may slow the pace of rate hikes. Nicolas Economou | Nurphoto | Getty Images The dollar slipped on Friday as risk sentiment improved ...

A worker sorts packages at a FedEx Express facility on Cyber Monday in Garden City, New York, US, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. FedEx — The package-shipping company’s shares were up 9% after it reported a beat on earnings ...