British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England could be its last for now.

Global stocks were mixed Tuesday ahead of a Federal Reserve decision as oil prices reached fresh multi-month peaks before pulling back.

The European Central Bank hiked a key interest rate to a record high Thursday as it battles stubbornly high inflation but indicated that its historic hiking cycle may be at an end.

Wall Street stock indices moved in opposite directions Wednesday after a mixed inflation report as European bourses dipped ahead of a European Central Bank decision.

Global markets rose on Monday at the start of a busy week that includes the release of key US inflation data and a European Central Bank decision on interest rates.

US stocks advanced Thursday as investors shrugged off sticky inflation data and its impact on future central bank policy on interest rates, but European stocks mostly dipped.

Eurozone inflation remained unchanged in August, official data showed Thursday, leaving the European Central Bank faced with a conundrum over whether to continue hiking interest rates amid fears of a deepening economic downturn.

Stock markets extended a global rally Tuesday as the first of a series of data due out this week gave no reason for the US Federal Reserve to hike interest rates further.

The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday.

Global stocks mostly rose Wednesday following lackluster economic reports that mitigated worries about further central bank tightening.

Stock markets rose Thursday as highly anticipated official data showed that US consumer inflation inched up in July but held at a moderate level.

Global stocks mostly edged up on Monday as investors remained optimistic that interest rates will not go higher and China made moves to boost lackluster growth.

Stock markets had a mixed showing Thursday as European indices rallied while Wall Street slipped on concerns over interest rates.

European and US stocks mostly made cautious advances on Tuesday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading.

Eurozone economic activity shrank at its fastest rate in eight months in July, as a contraction gathered pace on the back of cuts in manufacturing, a key survey said Monday.

Another interest rate hike appears a near certainty when ECB policymakers meet Thursday as inflation remains high, but the central bank faces increasing discontent among countries scared high interest rates will hurt growth.

Stock markets retreated Wednesday on disappointing eurozone and Chinese economic data as well as rising tensions between Beijing and Washington.

Oil prices reversed into the red Monday on global growth concerns, despite fresh output cuts by key producers Saudi Arabia and Russia aimed at propping up prices.

Stocks jumped on Friday as Apple climbed above $3 trillion in market value for the first time since early 2022 and data showed inflation cooling in the United States and Europe.

Stocks diverged Thursday as investors weighed strong US economic data against further signs that central banks are likely to continue hiking interest rates to fight inflation.

Global stocks advanced Tuesday as China's growth reassurances and solid economic data in the United States helped reduce recession worries.

On his many visits to semiconductor factories and electric car plants, Germany's Chancellor Olaf Scholz bangs the drum for an economy at the forefront of an industrial transformation.

Apart from global factors, UK policy decisions have exacerbated inflation – whether post-pandemic public spending or the slow pace of interest rate hikes.

Millions of Britons are facing fresh mortgage misery after the Bank of England increased interest rates by an unexpected half-point, putting homeowners at risk of higher repayments on their loans during a cost-of-living crisis.

Wall Street stocks fell after US Federal Reserve chief Jerome Powell warned Wednesday of further interest rate hikes, while European markets slid after a stubbornly high inflation reading in Britain.

Asian and European stocks fell into the red Monday as investors await more interest-rate decisions this week and fret over the lack of a stimulus plan to kickstart the Chinese economy.

The euro got a boost after the European Central Bank raised interest rates to a 22-year high on Thursday, while stocks diverged a day after the Federal Reserve sent mixed messages on interest rates.

Major stock markets mostly advanced Monday, with attention focused on central banks this week and their latest decisions over interest rates as inflation remains high.

The ECB has hiked interest rates by an unprecedented 3.75 percentage points since last July in an attempt to rein in rapidly rising consumer prices.

European markets fell in the red after starting the day in the green.