Analysis: Under water: how the Bank of England threw markets a lifeline

Bank of England bought bonds after pension fund pleas Some UK pension funds faced problematic margin calls BoE support seen as giving window to build collateral British government’s unfunded tax plan spooked markets LONDON/NEW YORK, Oct 2 (Reuters) – Calls to the Bank of England saying some British pension funds were struggling to meet margin … Read more

Sterling crumbles to record low, dollar soars on UK fiscal angst

Woman holds British pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com register TOKYO, Sept 26 (Reuters) – Sterling tumbled to a record trough on Monday as traders scampered for the exits on speculation the new government’s economic plan will stretch Britain’s finances to the … Read more

Morning Bid: No rest for the weary

British Prime Minister Liz Truss (left) meets Ukrainian First Lady, Olena Zelenska at The Ukrainian Institute of America, where they viewed an exhibition illustrating the atrocities taking place in Ukraine, in New York City, New York, US, September 20, 2022. Stefan Rousseau/Pool via REUTERS Register now for FREE unlimited access to Reuters.com register A look … Read more

World stock markets rally, treasury yields fall on inflation data

US consumer spending increases, rise in inflation slows Wall Street rallies, snaps weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark US Treasuries fell after data showed that US consumer spending rose in April and … Read more

Global shares fall on fears of global economic slowdown

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 12, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe down over 2%, US equity futures struggle Dollar hits 2yr highs, accelerates … Read more

Dollar dips, US stocks tumble on inflation concerns

A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com register World stock index off, eyes weakest month since March 2020 US stocks weighed down by inflation, Amazon earnings Dollar dips on the … Read more

Le Pen shrugs off ‘doom-mongering’ by markets over Sunday’s election

Presidential election’s first round on Sunday Far right’s Le Pen narrowing gap on Macron Risk premium on French bonds rises Purchasing power is a top concern for voters PARIS, April 7 (Reuters) – French far-right candidate Marine Le Pen shrugged off market jitters triggered by her good ratings ahead of Sunday’s first round of the … Read more

Investors brace for volatility as West moves to cut Russia off from SWIFT

NEW YORK/LONDON Feb 26 (Reuters) – Investors were preparing on Saturday for more wild gyrations in asset prices after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system . New measures announced by the United States, Britain, Europe … Read more

Traders see inflation as 2022’s biggest market mover – survey

A shipping container passes through the Suez Canal in Suez, Egypt February 15, 2022. REUTERS/Mohamed Abd El Ghany Register now for FREE unlimited access to Reuters.com register LONDON, Feb 23 (Reuters) – Inflation will have the biggest impact on global markets in 2022, traders said, while liquidity was the top daily trading challenge for a … Read more