LONDON/HONG KONG (Reuters) – The dollar jumped on Wednesday, as strong U.S. retail sales data fuelled bets on earlier Federal Reserve rate hikes, while shares in Europe made slim gains after Asian markets had wobbled on worries about COVID-19.FILE PHOTO:…
Read MoreDollar soars on upbeat U.S. data but Asian stocks wobble
HONG KONG (Reuters) – The dollar strengthened through key resistance levels on Wednesday, propelled by better-than-expected U.S. retail data, although the upbeat news was not enough to lift Asian shares, which were dragged by worries about COVID-19 and higher costs.FILE…
Read MoreDollar soars to 16-month high, stocks rebound after CPI scare
NEW YORK/LONDON (Reuters) – The dollar rose on Thursday, hitting a 16-month high a day after the strongest inflation reading in more than three decades, as currency markets anticipated U.S. interest rate hikes next year while equities headed higher, with…
Read MoreStocks stalled as oil fuels inflation nerves
SYDNEY (Reuters) – Asian stockmarkets were tugged lower by fresh concern about the solvency of China’s property developers on Wednesday, while a surging oil price added to worries that a hot U.S. inflation reading could renew pressure on policymakers to…
Read MoreAsian stocks extend global gains ahead of U.S. inflation test
HONG KONG (Reuters) – Asian shares followed Wall Street higher in early trade on Tuesday as the passage of a U.S. infrastructure bill boosted sentiment while oil prices gained on the outlook for energy demand in an expansive global economy.FILE…
Read MoreGlobal stocks at new highs, crude rises on global growth outlook
WASHINGTON (Reuters) – World shares hit new highs on Monday as investors welcomed the passage of a U.S. infrastructure spending bill, while crude oil gained on the outlook for energy demand in an expansive global economy.FILE PHOTO: A man walks…
Read MoreInflation FEAR: Why Europe is VERY worried about inflation with pressure piling on the EU
Inflation rates: Martin Lewis discusses the latest We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You…
Read MoreStocks guarded ahead of U.S. inflation test
SYDNEY/MILAN (Reuters) – World shares steadied near record peaks on Monday as risk assets found support from an upbeat U.S. October payrolls report, but they face another test later in the week from a reading on U.S. inflation.FILE PHOTO: A…
Read MoreAsia stocks mixed, U.S. inflation test looms
SYDNEY (Reuters) – Asian share markets were mixed on Monday as risk assets found support from the upbeat U.S. October payrolls report, but faced another test later in the week from a reading on U.S. inflation that could spook the…
Read MoreGlobal share rally pauses as China property weighs, U.S. data loom
HONG KONG/LONDON (Reuters) – A share rally that has lifted stocks to record levels in recent days lost momentum on Friday, weighed down by renewed uncertainty over China’s property sector and as markets paused for breath ahead of U.S. jobs…
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