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Factbox-How hosting Euro 2024 could impact the German economy
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Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
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Countries make late bid to salvage EU’s nature law
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Mixed UK labour market signals leave BoE on rate cut alert
World shares rest near record highs ahead of US inflation data
Date: May 14, 2024
World shares rest near record highs ahead of US inflation data By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World shares marked time on Tuesday, holding just shy of record highs ahead of highly anticipated U.S. inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond...
Curbs on costly home incentives cause split in Italy’s coalition
Date: May 14, 2024
Curbs on costly home incentives cause split in Italy’s coalition By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of new curbs on costly incentives for home renovations, with the moderate Forza Italia party refusing to back the Treasury plan, saying it would harm banks...
Dollar slips after unexpected rise in US producer prices
Date: May 14, 2024
Dollar slips after unexpected rise in US producer prices By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and services, indicating inflation remained stubbornly high early in the second quarter. The...
Morning Bid: Markets eye US CPI and record high
Date: May 14, 2024
Morning Bid: Markets eye US CPI and record high A look at the day ahead in European and global markets from Tom Westbrook Stocks near record highs and Bill Hwang and Roaring Kitty in the headlines lend this week an air of deja vu ahead of U.S. inflation data. British labour numbers, German sentiment, U.S....
Stocks grind towards record highs in inflation-heavy week
Date: May 13, 2024
Stocks grind towards record highs in inflation-heavy week By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week where inflation figures could make or break expectations for earlier U.S. rate cuts, while Chinese activity data will test optimism about a sustained recovery in the world’s No. 2...
EU countries approve law to slash trucks’ CO2 emissions
Date: May 13, 2024
EU countries approve law to slash trucks’ CO2 emissions By Kate Abnett BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a...