Federal Reserve Board chairman Jerome Powell: markets globally awaited clues from the US Federal Reserve on its policy direction

Stock markets dipped marginally on Monday, as a profit warning from Germany’s Lufthansa weighed on airline stocks. The airline forecast earnings bef(...)

NYSE screens as beaten-down tech shares led the rebound in US stocks, while Treasuries fell as investors gained confidence from positive political developments in Europe and rising oil prices. Photograph: Jordan Sirek/Bloomberg

European shares rose as hopes grew that Italy would resolve its budget row with Brussels while investors speculated on a new round of deal making in t(...)

“Hawkish commentary from the European Central Bank has pushed euro/dollar above 1.2092, and it is now at the highest level since before the ECB started its quantitative easing programme in 2015.” Photograph: Getty Images

The dollar remained unloved on Monday, sinking to a fresh three-year low against the euro and a four-month trough versus the yen, although activity in(...)

The FTSE 100 ended Wednesday at 7,106.08 points to beat a previous record of 7,103.98, set in April last year. Photograph: Daniel Sorabji/AFP/Getty Images

London’s FTSE 100 stood out on an otherwise quiet trading day on Wednesday, as the blue-chip UK stocks index registered an all-time closing high, buo(...)

Up and away: Aer Lingus  stock closed  yesterday 1.5 per cent up at €2.43. Photograph: Alan Betson

European shares rebounded on Wednesday from a one-week low the day before, supported by the prospect of an accord between Greece and its creditors. T(...)