trading
Trading
Exclusive-Greece to borrow up to 8 billion euros from bond markets in 2023
Trading
Stocks fall, bond yields rise as focus shifts to Fed, rate outlook
Trading
U.S. dollar climbs as Fed likely to deliver another big hike; sterling slumps
Trading
Russian rouble stable after Moscow ditches Black Sea grain deal
Dollar climbs as traders eye central bankers
Date: October 31, 2022
By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) – The dollar advanced on Monday, regaining some ground it lost earlier in the month, at the start of a week packed with data releases and central bank rate-setting meetings, including by the Bank of England and most importantly the Federal Reserve. The euro slid 0.36% to...
Dollar, bond yields rise ahead of pivotal rate hikes
Date: October 31, 2022
By Marc Jones LONDON (Reuters) – Stocks stalled and the dollar and bond yields edged higher on Monday as record euro zone inflation, weak Chinese data and Russia’s withdrawal from a crucial grain pact set traders up for another bumper Federal Reserve rate hike this week. A potentially pivotal week for U.S. monetary policy was...
Sterling recovery stalls, still set for third straight weekly gain
Date: October 28, 2022
By Samuel Indyk LONDON (Reuters) – The British pound slid against the dollar on Friday but was still set for its third consecutive weekly gain, its longest positive streak since February. After hitting a record low against the dollar of $1.0327 in September, the pound has staged a recovery after the formation of a new...
Britain proposes regulation of all cryptoassets
Date: October 27, 2022
LONDON (Reuters) – Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass. Andrew Griffith, re-appointed as City Minister on Thursday by Britain’s new Prime Minister Rishi Sunak, put forth the amendment to the financial...
Global FX trading hits record $7.5 trln a day – BIS survey
Date: October 27, 2022
By Marc Jones and Alun John LONDON (Reuters) – Currency trading has hit a record $7.5 trillion-a-day, a comprehensive new study has shown, with the dollar retaining its global dominance but some signs too that London’s position as the world’s top trading hub is being eroded by Brexit. The triennial survey carried out by central...
McDonald’s beats sales, profit estimates on boost from pricier menu
Date: October 27, 2022
(Reuters) -McDonald’s Corp beat quarterly comparable sales and profit estimates on Thursday, helped by higher menu prices and an increase in restaurant traffic from inflation-weary customers looking for value meals. The company’s shares rose 2.7% to $263.58 in premarket trading. Like other fast-food chains, McDonald’s has been forced to raise prices of its burgers and...