Dollar stumbles as markets reassess their interest rate bets, ECB watched

US dollar banknotes are shown in this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now to get free unlimited access to Reuters.com Register US bets on a rate hike slow the path of aggressive Fed tightening Investors look forward to the annual European Central Bank Forum in Sintra The US dollar is … Read more

US dollar falls as markets reassess Fed rate path

US dollar banknotes are shown in this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now to get free unlimited access to Reuters.com Register The US dollar recorded its first weekly decline this month US bets on a rate hike slow the path of aggressive Fed tightening US new home sales soar; Michigan’s … Read more

Stocks dampened inflation expectations due to copper bombardment

S&P futures rise 0.9%, European shares rise 1.5% MSCI global shares eye 2.5% weekly gain Copper falls more than 7% in the week, oil is down 2% German 10-year bond yields fell by 4 basis points LONDON (Reuters) – Global stocks are headed for their first weekly gain in a month, and Wall Street is … Read more

Analysis: Record numbers of Chinese graduates enter the worst job market in decades

10.8 million Chinese graduates to enter the labor market in a weak economy The youth unemployment rate is 18.4%, which is three times higher than the general average Graduate jobs a top priority for the government amid stability risks BEIJING, June 23 (Reuters) – Jenny Bei was among 10 high-performing computer science students from various … Read more

Wall Street ended but still down for the week as volatility rules

Standard & Poor’s suffers biggest weekly percentage drop since March 2020 Markets are closed on Monday for the Juneteenth holiday The Dow Jones is down 0.13%, the S&P 500 is up 0.22%, the Nasdaq is down 1.43%. (Reuters) – U.S. stocks closed modestly higher on Friday but still suffered their biggest weekly percentage decline in … Read more

Price hike week has stocks on track for biggest drop since 2020

Pedestrians reflect in a window in front of a board displaying stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Reuters.com Register Everyone except the Bank of Japan is hiking Stocks fall as economic risks grow Yen falls as … Read more

Analysis: Investors brace for recession, more market turmoil after Fed’s massive rally

View of the exterior of the Federal Reserve Board Marriner S. Eccles building in Washington, D.C., United States, June 14, 2022. REUTERS/Sarah Silbiger Register now to get free unlimited access to Reuters.com Register NEW YORK (Reuters) – Investors’ faith in a soft landing in the US economy is being severely tested as a massive interest … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

Damaged, Boris Johnson UK inflicts victory in the party confidence vote

Big Rebellion deals for the Conservative Party a blow to the Prime Minister Johnson says it’s a ‘decisive result’ The bad mood of COVID-19 ‘Partygate’ LONDON (Reuters) – British Prime Minister Boris Johnson survived a confidence vote on Monday, but a major rebellion in his party over the so-called “party gateway” scandal dealt a blow … Read more

Asian stocks outperform US futures and oil gains

A man passes through a screen displaying a chart showing the recent average movements of the Nikkei stock index outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Register now to get free unlimited access to Reuters.com Register Asian stock markets: The Nikkei is up 0.3%, the S&P 500 is up 0.4% … Read more