investing
Investing
Stocks dip on Fed worry, yen climbs on possible Japan intervention
Investing
Yen stems losses after report of BOJ rate check, hints on intervention
Investing
UK stocks close lower, hit by Wall St selloff on inflation data
Investing
Stocks, dollar reverse to risk-off mode after U.S. inflation data is higher than expected
Oil eases after bearish U.S. economic data
Date: September 13, 2022
By Ahmad Ghaddar LONDON (Reuters) -Oil prices eased on Tuesday, reversing earlier gains, as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week. Brent crude was down 62 cents, or 0.7%, to $93.38 a barrel at 1407 GMT, while WTI crude...
Europe props up energy firms amid liquidity crunch
Date: September 13, 2022
FRANKFURT/OSLO (Reuters) – More European energy companies have secured extra funds from governments and banks as soaring gas and power prices following Russia’s invasion of Ukraine have driven up margin call requirements and burnt up their cash. Several European governments had already announced measures to provide loans and guarantees to cash-strapped companies, before the European...
Valuations are tanking but it’s not (yet) doom and gloom
Date: September 13, 2022
The author of the piece is: Victor Basta, Co-Head, DAI Magister It’s been a rough year for the public and private markets. With talks of interest rate hikes heating up, the S&P fell by 11% in January, making it the worst January since 2009. The tech-heavy NASDAQ composite slumped 12%. European stock markets didn’t fare much...
European shares fall as miners tumble on weak China demand
Date: September 7, 2022
By Shreyashi Sanyal (Reuters) – European shares fell on Wednesday, with miners leading losses, as investors fretted over global demand outlook for metals following lacklustre trade data from China, while Ubisoft slid as a deal with Tencent dampened its buyout prospects. Miners exposed to China lost 2.0% by 0828 GMT, while the European oil &...
European shares end five-day losing streak, still down for the week
Date: September 2, 2022
By Anisha Sircar and Shreyashi Sanyal (Reuters) – European stocks rose 2% on Friday, clocking gains for the first time in six days after key U.S. jobs data eased bets of a more aggressive Federal Reserve, but logged their third straight week of falls on concerns over a spike in energy prices. The pan-European STOXX...
Euro zone yields fall as US payrolls seen easing rate-hike pressure
Date: September 2, 2022
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Euro zone government bond yields fell on Friday, falling in line with U.S. peers, after a closely watched U.S. employment report showed unemployment rising and job growth slowing in August. U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in...