investing
Investing
Stocks inch up after recent big gains; oil, yields rise
Investing
What’s needed for ESG investing to go mainstream?
Investing
Ento Capital wins prestigious award in the 2022 Global Banking & Finance Awards®
Investing
Commodity stocks drive FTSE 100 to more than one-week high
European fund managers set to go all in on ESG – survey
Date: June 27, 2022
By Juliette Portala (Reuters) – Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not comply with environmental, social and governance (ESG) standards, a survey by PwC Luxembourg showed on Monday. Flows into ESG funds have surged in recent years, driven in part by a...
Stocks rally, copper extends fall as investors assess recession risk
Date: June 24, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased worries about inflation. U.S. Treasury yields edged higher but held just above two-week...
European shares mark strong end to nervous week
Date: June 24, 2022
By Sruthi Shankar and Susan Mathew (Reuters) -European stocks jumped 2.6% on Friday, pushing them into positive territory for the week as investors started to scale back central bank tightening bets, spurring inflows into risky assets. The pan-European STOXX 600 index marked its best session in more than three months. It had hit a fresh...
Stocks temper their inflation expectations on copper pounding
Date: June 24, 2022
By Carolyn Cohn LONDON (Reuters) – World stocks headed for their first weekly gain in a month and Wall Street was set to open higher on Friday on hopes that slides in copper and other commodities could put a brake on runaway inflation. The week has been marked by steep declines for commodities on concern...
Global equity funds gain weekly inflows after big selloff
Date: June 24, 2022
(Reuters) – Global equity funds obtained capital inflows in the week ended June 22, following a heavy selling in the previous week, as a slide in commodity prices slightly assuaged investor fears over rapid inflation. According to Refinitiv Lipper, investors secured global equity funds of $7.51 billion in net purchases. That compares with withdrawal of...
Defensive stocks lead rebound in FTSE 100
Date: June 24, 2022
By Boleslaw Lasocki (Reuters) -UK’s FTSE 100 rose on Friday, lifted by defensive stocks at the end of a choppy week that saw investor anxiety over hawkish central banks, weak economic readings and heightened risks of a global recession. The blue-chip index climbed 1.2%, with healthcare and consumer staples stocks that tend to decouple from...