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European Central Bank lowers key rate to 3.5% as it aims to counter slowing economic momentum and maintain inflation near the target level in challenging times.
Inflation concerns dampen hopes for significant Fed rate cuts, leading to a downturn in U.S. stocks with the Dow dropping 414 points and S&P 500 faltering.
Belgium has delayed submitting its budget plans to the EU, citing the need for more time due to ongoing government formation talks.
India and the UAE today signed major agreements in nuclear energy, petroleum, and advanced technologies, reinforcing the Comprehensive Strategic Partnership between the two nations.
Russia has increased its daily gold purchases by 700%, allocating 8.2 billion rubles per day from September 6 to October 4, according to the country’s Finance Ministry.
UK house prices have risen 4.3% annually, with analysts warning that potential changes in the Autumn Budget could impact further growth, particularly if taxes increase.
European and Asian markets dropped Friday as investors awaited key U.S. payroll data. The expected report could shape the Fed’s next interest rate decision
The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.