Stay informed with free updates Simply sign up Currencies myFT Digest â delivered straight to your inbox. The dollar hit a two-year high against major currencies on Monday after strong US jobs data late last week led traders to lower their expectations for further interest rate cuts by the Federal Reserve. The dollar index, which…
Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. The price of nuclear reactor fuel has risen to a record high, as demand from artificial intelligence data centers exacerbates pressure on the market in the wake of Russia’s invasion of Ukraine. Enriched uranium prices…
US stocks fell on Tuesday, while government bond yields jumped, after strong jobs and services data led investors to bet the Federal Reserve will cut interest rates just once this year. Wall Street’s S&P 500 index fell 1.1 percent, while the tech-heavy Nasdaq Composite closed down 1.9 percent. Electric car maker Tesla and semiconductor giant…
Open Editor’s Digest for free Rula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter. UK retail spending growth was âsmallâ and below the inflation rate in the final three months of 2024, suggesting consumers remained cautious in what is typically the busiest period of the year for shops. In…
