By Alun John LONDON (Reuters) - The euro and pound are being whisked along by a conveyor belt of interest rate hikes in Europe just as U.S. rates near.
LONDON (Reuters) - The euro and pound are being whisked along by a conveyor belt of interest rate hikes in Europe just as U.S. rates near a peak, a reversal of the trends that drove them to multi-decade lows last year. | 06:03am
The State Street Global Investor Confidence index has increased 8.0 points from June, boosted by hopes that interest rates will rise less than expected.
An increase in investor confidence in Europe has led to a bounce back in the level of global investor confidence recorded in the State Street Global Investor Confidence Index.