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
Read moreHome »
Dollar dominates as inflation heats up
NEW YORK (Reuters) – Surging inflation and expectations of a potentially more hawkish Federal Reserve are accelerating a rally in the U.S. dollar, buoying the currency to a near 16-month high against its peers and
Read moreU.S. stock futures down, dollar up after inflation data
LONDON (Reuters) – U.S. stock index futures extended losses on Wednesday and the dollar built on earlier gains as higher-than-expected U.S. inflation data raised bets of monetary tightening.Slideshow ( 3 images )The U.S. consumer price
Read moreMarketmind: Melt up?
A look at the day ahead from Sujata Rao.FILE PHOTO: A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermidIs this a melt-up? As
Read moreAsia stocks relieved by payrolls, inflation test looms
SYDNEY (Reuters) – Asian shares edged up on Monday as risk assets basked in the glow of the upbeat October payrolls report, though caution was warranted ahead of a reading on U.S. inflation that could
Read moreChina holds back Asian shares, dollar stands tall
HONG KONG (Reuters) – Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after a week in which central banks around the world refrained from
Read moreAnalysis-Unreliable boyfriends? BoE and other central banks rankle investors
LONDON (Reuters) – Investors assailed the Bank of England on Thursday for not delivering an interest rate rise they had bet on, in what may be a sign of things to come as central banks
Read moreMarketmind: Dovish Fed taper, now hawkish BoE?
A look at the day ahead from Danilo Masoni.Slideshow ( 2 images )Well done Mr. Powell! The Federal Reserve Chair looks to have managed to sell the dialling back of the bank’s massive stimulus programme
Read moreGlobal shares linger at peaks ahead of Fed move
HONG KONG (Reuters) – Global shares hovered at record highs while currency markets and U.S. Treasuries were steady on Wednesday, as investors looked to the expected winding down of pandemic-era monetary stimulus in the world’s
Read moreEuropean shares stumble as investors focus on earnings and Fed
LONDON (Reuters) – World shares held just under record highs while European indexes edged lower on Tuesday, as investors focused on earnings and the Federal Reserve’s two-day meeting which ends on Wednesday.FILE PHOTO: The German
Read more