financial markets

Image for Dollar edges up as stocks rally, inflation data eyed
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Dollar edges up as stocks rally, inflation data eyed

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar advanced modestly on Monday as a boost in risk...

6th June, 2022

Image for Explainer-Why the London Metal Exchange is fighting a lawsuit for cancelling nickel trades
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Explainer-Why the London Metal Exchange is fighting a lawsuit for cancelling nickel trades

By Pratima Desai and Eric Onstad LONDON (Reuters) – U.S. hedge fund Elliott Associates is suing the...

6th June, 2022

Image for Russia seen cutting key rate by 100 bps to 10% on Friday- Reuters poll
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Russia seen cutting key rate by 100 bps to 10% on Friday- Reuters poll

(Reuters) – The Russian central bank is expected to cut its key interest rate by 100 basis points to...

6th June, 2022

Image for Musk says he may drop Twitter deal if fake-account data not provided
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Musk says he may drop Twitter deal if fake-account data not provided

(Reuters) – Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire...

6th June, 2022

Image for Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal
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Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

By Shadia Nasralla LONDON (Reuters) -Oil prices topped $120 a barrel in choppy trade on Monday buoye...

6th June, 2022

Image for India Potash’s rouble-rupee payment deal stumbles in Russian bank
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India Potash’s rouble-rupee payment deal stumbles in Russian bank

By Nidhi Verma and Aftab Ahmed NEW DELHI (Reuters) – Russia’s Sberbank has yet to process the first...

6th June, 2022

Image for ECB rates pledge spurs punchy hedge fund euro bets: McGeever
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ECB rates pledge spurs punchy hedge fund euro bets: McGeever

By Jamie McGeever ORLANDO, Fla. (Reuters) -The European Central Bank appears committed to start rais...

6th June, 2022

Image for LME nickel volumes tumble as funds and other users retreat
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LME nickel volumes tumble as funds and other users retreat

By Pratima Desai and Eric Onstad LONDON (Reuters) – Nickel volumes on the London Metal Exchange plum...

6th June, 2022

Image for Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal
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Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal

By Shadia Nasralla LONDON (Reuters) – Oil prices hit $120 a barrel on Monday after Saudi Arabia rais...

6th June, 2022

Image for Pound up vs weaker dollar as Johnson faces confidence vote
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Pound up vs weaker dollar as Johnson faces confidence vote

By Lucy Raitano LONDON (Reuters) -The British pound rose on Monday against a broadly weaker dollar,...

6th June, 2022

Image for Czech central banker flags potential stronger rate tightening -paper
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Czech central banker flags potential stronger rate tightening -paper

PRAGUE (Reuters) -The Czech National Bank might be forced to raise interest rates by more than its c...

6th June, 2022

Image for Banks, commodity stocks lift European shares as markets await ECB meet
Investing

Banks, commodity stocks lift European shares as markets await ECB meet

By Susan Mathew (Reuters) – European shares rose strongly on Monday, helped by banks and commodity-l...

6th June, 2022