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Top central banks rate hike push fizzles out in September, EM parts ways

Central banks across major developed economies delivered what looked like a last gasp set of rate hikes in September, while economies in both Latin America and emerging Europe were on track for.

DWS CIO Jesch: Crude oil could spike above $100 in near-term | Hellenic Shipping News Worldwide

DWS CIO Jesch: Crude oil could spike above $100 in near-term | Hellenic Shipping News Worldwide
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Europe s currencies feel fresh pain as central bank support fades

Europe s currencies feel fresh pain as central bank support fades
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Analysis: Europe s currencies feel fresh pain as central bank support fades

Analysis: Europe s currencies feel fresh pain as central bank support fades
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Analysis-Europe s currencies feel fresh pain as central bank support fades

There's no respite for struggling European currencies as a likely pause in central bank interest-rate rises and a weakening economic outlook puts the focus on prospective rate cuts ahead. The Swiss franc, one of this year's best performing major currencies versus the dollar, fell almost 1% at one point after Switzerland surprised markets by pausing its rate rise cycle. Meanwhile, Thursday's quarter-point rate rise in Sweden failed to provide much respite for the battered Scandinavian currency, which is down over 6% against the greenback so far this year.

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