(Reuters) – European stocks marked their best weekly performance in seven months on Friday, as a bright start to the earnings season helped ease investor concerns about higher inflation.FILE PHOTO: The German share price index
Read moreHome »
Watch: Bikers take over central Auckland streets
A procession of hundreds of motorbikes took over the streets of central Auckland this morning, with many passersby wondering what was behind the event – and whether it was, in fact, an organised event. Multiple
Read moreCzech central bank delivers biggest rate hike in 24 years to battle inflation spike
PRAGUE (Reuters) -The Czech National Bank (CNB) raised its main rate by 75 basis points on Thursday, surprising markets with its biggest hike since 1997 and sending a signal it would not allow inflationary expectations
Read moreFed's Powell: 'Frustrating' that supply chain kinks aren't getting better
FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021.
Read moreFed likely to announce taper in November, former Fed official says
(Reuters) – omThe U.S. Federal Reserve is likely to announce the tapering of its asset purchases in November and begin the process a month later, former Federal Reserve official Dennis Lockhart said on Thursday.FILE PHOTO:
Read moreEuropean stocks hold firm near record highs
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 24, 2021. REUTERS/Staff(Reuters) – European stocks inched higher on Monday, holding below record highs scaled earlier
Read moreS&P dips, just off record as energy shares fall
NEW YORK (Reuters) – The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financial stocks, keeping Wall Street’s benchmark index
Read moreJune FOMC minutes don't much alter taper narrative
NEW YORK (Reuters) – Federal Reserve officials last month felt that substantial further progress on the economic recovery “was generally seen as not having yet been met,” though participants expected progress to continue, according to
Read moreEuropean shares fall on inflation, pandemic woes
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 29, 2021. REUTERS/Staff(Reuters) – European shares fell on Wednesday as worries about rising inflation and the
Read moreWall Street climbs on tech gains as U.S. Treasury yields dip
NEW YORK (Reuters) – U.S. stocks climbed on Monday, with the Nasdaq jumping more than 1% as a retreat in U.S. Treasury yields helped lift expensive stocks in sectors such as technology as investors attempt
Read more