Morning Bid: Runaway oil | Reuters

A look at the day ahead in European and global markets from Anshuman Daga Just when stock markets seemed to be regaining their footing after a wild third quarter – beset by rising interest rates and the dollar’s runaway gains – there’s more trouble brewing. This time, oil prices are to blame. Register now for … 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

CPI, PPI: Markets look for signs of US inflation peak

NEW YORK, May 10 (Reuters) – In the wake of the 50-basis-point interest rate hike by an increasingly hawkish Federal Reserve, markets have gyrated wildly ahead of this week’s US economic data, which will be closely parsed for signs that inflation is peaking. Price growth has soared to the highest level since the early 1980s … 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

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