Investors ‘make Europe great again’ with big stock allocation, BofA says
MILAN (Reuters) – European stocks saw their second largest allocation in a quarter of a century in January, as lagging risk assets played catch up, according to a survey of investors from BofA Global Research published on Tuesday. In a
UK unemployment rate rises to 4.4%, BoE expected to cut rates
Investing.com — The United Kingdom’s unemployment rate rose to 4.4% for the three months ending in November, according to official figures released on Tuesday, an increase from 4.3% the previous quarter. According to market expectations, the latest data indicate that the
Trump holds off on Day 1 tariffs, but hints at duties for Canada, Mexico on Feb. 1
Investing.com — President Donald Trump refrained from imposing immediate tariffs on Monday, contrary to prior promises, but said he is considering a 25% duty on imports from Canada and Mexico starting Feb. 1 over illegal immigrants and fentanyl crossing into
Swedish amortisation requirements, mortgage caps gave resilience, Riksbank chief says
STOCKHOLM (Reuters) – Amortisation requirements and mortgage caps in Sweden have safeguarded household resilience and served the economy well, Riksbank Governor Erik Thedeen said in a statement on Tuesday. “The high level of debt, together with short periods for fixing interest
Trump pardons nearly all charged in Capitol attack, commutes sentences
Investing.com — President Trump pardoned nearly all of the 1,500 individuals charged in relation to the Jan. 6, 2021, attack on the Capitol. This move came just hours after former President Joe Biden granted immunity from prosecution to family members