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

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

NASA calls off Artemis moon rocket launch for second time in 5 days

Register now for FREE unlimited access to Reuters.com register CAPE CANAVERAL, Fla., Sept 3 (Reuters) – For the second time in five days, NASA on Saturday halted a countdown in progress and postponed a planned attempt to launch the debut test flight of its giant, next-generation rocket, the first Mission of the agency’s moon-to-Mars Artemis … Read more

Reactions to the attack on writer Salman Rushdie

Aug 12 (Reuters) – Here are reactions to Friday’s attack on novelist Salman Rushdie. read more SUZANNE NOSSEL, CEO OF FREE EXPRESSION ORGANIZATION PEN AMERICA: “We can think of no comparable incident of a public attack on a literary writer on American soil. Just hours before the attack, on Friday morning, Salman had emailed me … Read more

Box Office: ‘Top Gun: Maverick’ Debuts to Stratospheric $124 Million

LOS ANGELES, May 29 (Variety.com) – Tom Cruise may have pulled off one of the most daring stunts of his career — getting audiences to go to the movies for something that doesn’t involve superheroes. “Top Gun: Maverick” pulled into blockbuster ticket sales in its opening weekend, collecting $134 million from a record 4,732 North … 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