investing
Investing
Stock, bonds punch-drunk after rout, watch interest rate signals
Investing
How will the ECB contain fragmentation risk in euro area bond markets?
Investing
Financials keep FTSE 100 steady after five straight days of losses
Investing
European stocks stabilise after inflation-driven rout
Oil rises on tight supplies; trade choppy on demand worries
Date: June 13, 2022
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Monday in a session of volatile trade, as tight global supplies outweighed worries that demand would be pressured by a flare-up in COVID-19 cases in Beijing and more interest rate hikes. Brent crude rose 68 cents to $122.69 a barrel at 12:13 p.m. EDT...
Oil falls on Beijing’s COVID-19 warning, inflation worries
Date: June 13, 2022
By Stephanie Kelly NEW YORK (Reuters) -Oil prices sank more than 2% on Monday, as a flare-up in COVID-19 cases in Beijing and worries about more interest rate hikes raised concerns about the demand outlook. Brent crude fell $2.54, or 2.1%, to $119.47 a barrel at 11:05 a.m. EDT (1505 GMT). U.S. West Texas Intermediate...
Inflation fears grip markets as bonds, stocks plunge
Date: June 13, 2022
By Saikat Chatterjee LONDON (Reuters) – Global stocks and government bonds extended a bruising sell-off on Monday and the dollar resumed its march towards two-decade highs as red-hot U.S. inflation fuelled worries about even more aggressive policy tightening in a big week for central banks. A market gauge measuring the gap between U.S. two-year Treasury...
World stocks near fresh 2022 lows on inflation fears
Date: June 13, 2022
By Saikat Chatterjee LONDON (Reuters) – World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot U.S. inflation fuelled worries about even more aggressive policy tightening in a big week for central banks. The substantially higher-than-expected U.S. CPI...
Inflation shock drives European stocks to 3-month lows
Date: June 13, 2022
By Sruthi Shankar (Reuters) -European stocks tumbled to three-month lows on Monday, dragged down by technology and travel stocks, as a sharp rise in U.S. inflation raised concerns about aggressive interest rate hikes by the Federal Reserve. The pan-European STOXX 600 index fell 1.9% to its lowest since March 8. High-growth technology stocks dropped 3.3%...
Investment platforms face hangover after pandemic party
Date: June 13, 2022
By Iain Withers and Carolyn Cohn LONDON (Reuters) – The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy. Many stock-pickers are steering clear of a turbulent market as living costs rise and the economy teeters, squeezing the...