Investing
Investing
European Shares Break 6-day Losing Streak as ECB Acts to Halt Bond Rout
Investing
Global Equity Funds Decline Over 20% This Year
Investing
European Stocks Jump as ECB Holds Surprise Meeting
Investing
UK Shares Climb on Boost From Financial Stocks, Strong Results
FTSE 100 Falls for Six Straight Sessions on Rising Rate-Hike Bets
Date: June 14, 2022
By Devik Jain and Amal S (Reuters) – UK’s FTSE 100 fell for a sixth straight session on Tuesday, as investors raised bets on how high central banks would lift interest rates to tackle inflation. After rising as much as 0.9%, the FTSE 100 erased early gains to end 0.3% lower, with spirit market Diageo...
Oil Rises as Tight Supply Outweighs Recession, China Demand Fears
Date: June 14, 2022
By Laura Sanicola (Reuters) -Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose $1.37, or 1.1%, to $123.64 a barrel at 12:20 p.m. EDT (1620 GMT), while U.S. West Texas Intermediate (WTI) crude...
European Stocks Post Six Straight Days of Losses
Date: June 14, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) – European equities reversed early gains on Tuesday to extend their selloff for a sixth straight session on worries over aggressive U.S. interest rate hikes and a potential recession. The continent-wide STOXX 600 index declined 1.3% after sliding 2.4% to over three-month lows on Monday. Health care...
Stock, Bonds Punch-Drunk After Rout, Watch Interest Rate Signals
Date: June 14, 2022
By Sujata Rao LONDON (Reuters) – U.S. Treasury yields held near multi-year highs on Tuesday, while stock markets reeled from the previous session’s rout on signs that central banks’ action to curb inflation would tip the world economy into recession. Wall Street looks set for a slightly firmer open, though Nasdaq and S&P 500 futures...
How Will the ECB Contain Fragmentation Risk in Euro Area Bond Markets?
Date: June 14, 2022
By Yoruk Bahceli, Dhara Ranasinghe and Stefano Rebaudo LONDON (Reuters) – As the European Central Bank rushes to exit stimulus and raise interest rates to tame inflation, bond markets are testing its ability and willingness to act against the strains that are starting to hit weaker countries in the bloc. The premia investors demand to...
Financials Keep FTSE 100 Steady After Five Straight Days of Losses
Date: June 14, 2022
By Devik Jain (Reuters) -UK shares steadied on Tuesday, with some positive impetus from financial stocks and several strong earnings updates, a day after economic slowdown concerns dragged the main British indexes to their fifth straight session of losses. The FTSE 100 was up 0.3% by 0817 GMT, with shares in Asian-focused British bank HSBC...