Investing
Investing
Friday’s Russell Rebalance May Stoke More Volatility in Nervous Stock Market
Investing
European Shares Extend Gains but Recession Risks Hover
Investing
Oil Climbs $2/bbl on Strong Demand, Tight Supply
Investing
Wall Street Set for Bounceback but Recession Risk Keeps Investors Cautious
Marketmind: Why the Calm in Markets Won’t Last
Date: June 21, 2022
A look at the day ahead in markets from Dhara Ranasinghe. Last week’s market turmoil that sparked the biggest weekly drop in world stocks since March 2020, has given way to a degree of calm. But don’t bet on it lasting. In short, until there are clear signs that inflation in major economies is coming...
Stocks Stage Small Bounce as Investors Weigh Cenbanks’ Next Moves
Date: June 20, 2022
By Tommy Wilkes LONDON (Reuters) – Stock markets chalked up modest gains on Monday after last week’s hefty losses as investors braced for a host of U.S. Federal Reserve speakers this week, where they could underline a commitment to fight inflation whatever rate pain required. Trading was thinned by a U.S. holiday. The euro was...
European Shares Edge Higher, France Lags on Election Jitters
Date: June 20, 2022
By Sruthi Shankar (Reuters) -European stocks edged higher on Monday after a sharp selloff last week on recession worries, while French shares lagged its peers after President Emmanuel Macron lost an absolute majority in the country’s parliamentary election. The pan-European STOXX 600 index rose 0.4%, with battered banking, travel and retail stocks leading the gains....
Oil Slumps 5% on Recession Worries, Strong U.S. Dollar
Date: June 17, 2022
By Scott DiSavino NEW YORK (Reuters) – Oil prices tumbled about 5% on Friday to four-week low, on worries that interest rate hikes from major central banks could slow the global economy and cut demand for energy. Also pressuring prices, the U.S. dollar this week rose to its highest since December 2002 against a basket...
Stocks Eye Steepest Slide Since 2020 as Central Bankers Roil Markets
Date: June 17, 2022
By Simon Jessop LONDON (Reuters) – World stocks headed for their worst week since markets’ pandemic meltdown in March 2020 as leading central banks doubled down on tighter policy in an effort to tame inflation, setting investors on edge about future economic growth. The biggest U.S. rate rise since 1994, the first such Swiss move...
Global Equity Fund Outflows Rise on Fears of Inflationary Risks
Date: June 17, 2022
(Reuters) – Global investors withdrew big money out of equity and bond funds in the week ended June 15, on elevated concerns over rising inflation levels and chances of an economic recession due to aggressive tightening measures by major central banks. According to Refinitiv Lipper, investors liquidated global equity funds worth a net $30.16 billion,...