Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …
Stocks and bond yields fall as US data clouds Fed rate outlook Read More »
WASHINGTON, Dec 7 (Reuters) – Thomas Barkin, Chairman of the Federal Reserve Bank of Richmond, was reviewing the latest inflation-related data one morning in June after having breakfast with bank interns when he saw an alarming sign . Prices had jumped in May, after a slight dip in April that had raised hopes that a …
Failure of inflation puts central bankers in check Read More »
LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …
Currency swap debt is an $80 trillion global regulator, says ‘blind spot’ Read More »
https://tmsnrt.rs/2zpUAr4 Chinese stocks climb, dollar slides More Chinese cities ease coronavirus controls Russian oil cap goes into effect, impact uncertain SYDNEY, Dec 5 (Reuters) – Asian stocks extended their rally on Monday as investors hoped moves to lift pandemic restrictions in China would eventually improve the outlook for global growth and demand for commodities, pushing …
Asian equities bet on a possible opening of China; oil gain Read More »
LONDON, Dec 2 (Reuters) – While there have been few larger repercussions from the spike in redemption requests this week at an unlisted Blackstone real estate income trust (REIT), some see it as a sign of Warning. Blackstone (BX.N) limited withdrawals from its $69 billion unlisted REIT on Thursday after redemption requests hit pre-set limits …
Analysis: Blackstone REIT restriction is a possible warning sign for markets Read More »
LONDON, Dec 2 (Reuters) – A recession of sorts next year is quickly becoming a consensus – so much so that financial markets could find themselves whipped if they don’t materialize. The crux of most outlooks for 2023 is a year of contraction in activity at some point, disinflation and interest rate spikes. The result …
Column: Dodging the Recession Could Whip the Markets: Mike Dolan Read More »
https://tmsnrt.rs/2zpUAr4 China real estate stocks rally in political support Euro targets 5-month high, dollar nearly 3-month low against yen Oil prices bounce off China hopes, talk of production cuts SYDNEY, Nov 29 (Reuters) – Asian stocks rallied on Tuesday as Beijing’s latest move to prop up developers boosted the property sector and rumors swirled that …
Asian stocks and oil prices rise as Chinese speculation swirls Read More »
Dozens of campus protesters parade civil disobedience No sign of new protests in Beijing and Shanghai on Monday Chinese bonds and equities suffered strong outflows in 2023 LONDON, Nov 28 (Reuters) – Rare protests spreading across China against Beijing’s zero COVID-19 policy may have sparked a fresh wave of political uncertainty, but could also hasten …
Investors hope Beijing lifts COVID curbs faster as protests stifle markets Read More »
Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …
Stocks turn ahead of Fed minutes as oil falls on price cap plan Read More »
Budget finds more than 21 billion euros to bring energy bills under control Taxes additional profits of energy companies at 35% Includes amnesty on tax arrears, reduction of retirement age Relaunches the bridge project linking Sicily to the mainland ROME, Nov 22 (Reuters) – Italy’s new right-wing government on Tuesday approved its first budget, a …
