Business

Investor focus locks on Fed as China rout slows

LONDON (Reuters) – Global equities regained some poise on Wednesday as a storm in Chinese stocks showed signs of easing, while the dollar made modest gains as investors awaited a Federal Reserve meeting.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleAfter two sessions […]

Business

World shares steady, U.S. yields hover near lows ahead of fresh data

LONDON (Reuters) – Global shares held steady while U.S. Treasury yields hovered near multi-month lows on Friday, with markets looking to U.S. consumer data as the next test of the Federal Reserve’s dovish rates outlook.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby MelvilleOil […]

Business

U.S. dollar steady amid pandemic concerns, before key inflation data

LONDON (Reuters) – The dollar was stable against most currencies on Monday as concerns about the pandemic made investors cautious, while they also waited for more clues about the global economic recovery before making their next moves.FILE PHOTO: A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationWith markets hyper-sensitive […]

Business

Virus woes and tech crackdown hammer stocks; bonds rally

SINGAPORE (Reuters) – Asian stocks fell to a six-week low on Thursday as an extended selloff in tech shares in Hong Kong and rising virus cases added to a broad risk-averse mood, pressuring oil prices and lending support to bonds and the dollar.A man wearing a face mask is seen inside the Shanghai Stock Exchange […]

Business

World shares cling near record highs

LONDON/TOKYO (Reuters) – World stocks clung close to record highs on Monday as worries about the Delta variant of COVID-19 offset positive sentiment from surging euro zone business activity and a welcome U.S. jobs report.FILE PHOTO: A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, […]

Business

Stocks stumble, dollar stands tall as U.S. payrolls loom

SINGAPORE (Reuters) – Stocks made a meandering start to the second half of 2021 on Thursday, dipping in Asia on worries about new coronavirus infections and fresh lockdowns, while bond markets were on edge and the dollar crept higher ahead of U.S. labour data.FILE PHOTO: A man wearing a protective face mask, following the coronavirus […]

Business

World shares hover near record highs on recovery hopes

LONDON (Reuters) – World shares hovered within a whisker of record highs on Wednesday, on track for a 12% gain for the half-year following strong U.S. consumer confidence data, though inflation and pandemic-related worries cooled European stocks.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June […]

Business

Stocks grind higher as investors ponder U.S. inflation signals

LONDON (Reuters) – Global shares edged up on Thursday, while the U.S. dollar slipped further below two-month highs as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction.FILE PHOTO: A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, […]

Business

Dollar edges higher before Powell; Bitcoin drops

NEW YORK (Reuters) – The dollar edged higher on Tuesday before Federal Reserve Chair Jerome Powell will testify before Congress, with investors anxious to see whether Powell pushes back against the view that the Fed is likely to raise rates sooner than previously expected as inflation rises.FILE PHOTO: Four thousand U.S. dollars are counted out […]

Business

Stocks bounce from 4-week lows, dollar pulls back

SINGAPORE (Reuters) – Global shares extended their recovery on Tuesday, with Asian markets bouncing from four-weeks lows as investor focus on economic growth partly offset worries about any near-term rise in U.S. interest rates.FILE PHOTO: A man wearing a protective face mask, following the coronavirus disease (COVID-19) outbreak, walks in front of a stock quotation […]