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Dollar index at 3-1/2 month high as Fed's Lockhart backs Sept hike

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LONDON - The dollar hit a 3-1/2 month high against a basket of currencies on Wednesday after a voting member of the U.S. Federal Reserve's policy-setting committee expressed support for an interest rate hike in September.

FTSE buoyed by earnings, mining sector rebound

LONDON - Britain's top share index rose on Wednesday, boosted by better-than-expected results from Legal and General and London Stock Exchange, and by a rebound in the mining sector.

9:37am BST

IMF staff urges no rush to add China yuan to currency basket

WASHINGTON - The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.

5:36am BST

Dollar up on Fed rate bets, earnings lift shares

LONDON - The dollar rose to its highest in more than three months and U.S. Treasury yields rebounded from two-month lows on Wednesday, after a Federal Reserve official said the central bank was close to raising interest rates.

9:54am BST

Sterling tracks dollar to two-week high vs euro

LONDON - Sterling was alone among major currencies in resisting a resurgent dollar on Wednesday, pointing to growing expectations that the Bank of England will follow swiftly on the heels of any rise in U.S. interest rates.

10:53am BST
Markets

 

15.07
6,701.64
+0.23%
-47.51
17,550.69
-0.27%
93.70
20,614.06
+0.46%

Currencies

1.5569
1.4335
1.0859

Other Indices

24,514.16
11,601.76
5,172.10
2,093.32
131.52
166.21

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