Lagarde says ECB very close to reaching its inflation goal, FT reports

Lagarde announces ECB nearing inflation target, notes concerns over services inflation, and opposes retaliatory tariffs; gradual rate cuts advocated amidst uncertain economic outlook.

Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US

Dollar steady after benign US inflation eases worries over rates

The article discusses the stability of the dollar, inflation data, potential yen intervention, and market expectations for future U.S. rate cuts amid changing global economic conditions.

U.S. stocks higher at close of trade; Dow Jones Industrial Average up 1.18%

Portugal stocks lower at close of trade; PSI down 0.23%

Portugal stocks fell as Utilities, Financials, and Consumer Services declined. CTT reached a 5-year high while EDP hit a 3-year low. Commodities mixed; currencies stable.

Italy stocks lower at close of trade; Investing.com Italy 40 down 0.19%

Italy's stock market declined 0.19%, driven by poor performance in key sectors. Crude oil prices dropped, while gold futures rose. Falling stocks outnumbered advancers.

Germany stocks mixed at close of trade; DAX down 0.27%

Germany's stock market showed mixed results with DAX declining while MDAX gained, notable performers included Fraport AG and Vonovia, amidst varied commodity prices.

France stocks lower at close of trade; CAC 40 down 0.27%

France's stock market closed lower, driven by declines in Consumer Services and Industrials sectors, with notable performers and losses in key stocks reported.

Dollar set to end week on a high, yen at five-month low

The dollar strengthens near a two-year high while the yen and other currencies decline, pressured by central banks' stances and inflation data, indicating a turbulent currency market.

U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.04%

U.S. stocks showed mixed results with gains in some sectors and losses in others, influenced by notable performers, market breadth, and commodities trading.