Stocks and oil rise on hopes of looser COVID curbs in China

Stocks and oil rise on hopes of looser COVID curbs in China

Euro STOXX 600 up 0.4% Oil prices rebound on China hopes, talk of output cuts Dollar falls as investors seek riskier assets China property shares rally on policy support http://tmsnrt.rs/2yaDPgn LONDON/SYDNEY, Nov 29 (Reuters) – Stocks and oil gained on Tuesday on hopes that public unrest in China might prompt an earlier loosening of COVID-19 … Read more

China’s anti-lockdown protests shake stocks and oil

China's anti-lockdown protests shake stocks and oil

China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that … Read more

Shares cautious, US yield curve deep in recession territory

Asia shares mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed warnings on rates US yield curve most inverted since 1981 Dollar runs into fresh selling, but off week’s lows SYDNEY, Nov 18 (Reuters) – Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in … Read more

Asian stocks shaken by blast in Poland; dollar gains

Asia shares mixed on Fed warning, China hopes

HONG KONG, Nov 16 (Reuters) – Asian stocks dropped and the dollar gained on Wednesday after a blast in Poland that Ukraine and Polish authorities said was caused by a Russian-made missile. Worries over a potential ratcheting up of geopolitical tensions spurred a drop of 1% in MSCI’s broadest index of Asia-Pacific shares outside Japan … Read more

Asia shares mixed on Fed warning, China hopes

Asia shares mixed on Fed warning, China hopes

https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more

Asian shares fall ahead of US CPI, crypto worries mount

Asian shares fall ahead of US CPI, crypto worries mount

https://tmsnrt.rs/2zpUAr4 Dollar stays firm, crypto stokes spillover fears European markets set to open lower China mainland, Hong Kong shares battered by COVID case surge Focus on US inflation for signs of slowdown in Fed rate hike SYDNEY, Nov 10 (Reuters) – Asian share markets pulled back on Thursday and the dollar held its overnight gains … Read more

Sterling falls as BoE expects recession, US futures up

Sterling falls as BoE expects recession, US futures up

Bank of England hikes rates by 50 basis points BoE expects recession throughout 2023 Fed official: 50bp hike in Sept “reasonable” Oil stabilized after hitting six-month low Lufthansa returns to operating profit LONDON, Aug 4 (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro … Read more

World stocks eye best month since late 2020, dollar slips

World stocks eye best month since late 2020, dollar slips

MSCI World index up 0.3%; nearly 6% for the month Dollar down 0.5% against a basket of major peers Markets bet US slowdown to temper rate tightening LONDON/SINGAPORE, July 29 (Reuters) – Global stocks rose on Friday, on course for their best month since late 2020 as traders bet a weakening US economy could slow … Read more

World shares hit three-week high on easing recession fears

World shares hit three-week high on easing recession fears

European stocks steady, US futures up 0.4% Asian stocks rise 1%, Nikkei up 2.67% Oil rallies more than $1 a barrel LONDON/BEIJING, July 20 (Reuters) – World shares hit a three-week high on Wednesday as strong US corporate earnings and the expected resumption of Russian gas supply to Europe allayed fears of a recession, though … Read more