European stock markets traded higher Friday, helped by a series of positive corporate earnings after the Federal Reserve concluded its latest policy-setting meeting. At 3:50 AM ET (0850 GMT), the DAX in Germany traded 0.2% higher, the CAC 40 in France rose 0.8% and the U.K.’s FTSE 100 climbed...
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The euro bounced off a more-than 3-1/2 month low against the U.S. dollar on Thursday after dovish comments by the Fed chief broke a recent spike in Treasury yields. In testimony to the U.S. Congress, Fed Chair Jerome Powell said the U.S. economy was “still a ways off” from...
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The European Central Bank took a step in the Federal Reserve’s direction with its new inflation target of 2%, while stopping short of a similar commitment to let the economy run hot after a recovery. In announcing the results of its own long-running strategy review on Thursday, officials in...
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