ECB raises rates by 50 basis points, signals similar hikes QT will start in March Eurozone recession looms Upside Inflation Risks FRANKFURT, Dec 15 (Reuters) – The European Central Bank…
Tag: ECON
Stocks fall, dollar stabilizes as market assesses Fed rate policy
NEW YORK/LONDON, Dec 6 (Reuters) – Global stocks headed for a third straight day of losses on Tuesday and the dollar held steady as the market assesses how long the…
Wall St slips as jobs data undermines hopes of Fed rate deceleration
US job vacancies up in September Manufacturing activity slows Uber and Pfizer ride on optimistic forecasts Dow down 0.24%, S&P 500 down 0.41%, Nasdaq down 0.89% NEW YORK, Nov 1…
Cryptoverse: Bitcoin wants to break its link with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to break away from stock markets. The cryptocurrency, which has been closely correlated to tech stocks for much…
Debt market tensions in Europe force some governments to rework trade rules
Oct 31 (Reuters) – Some eurozone countries have eased rules for banks handling their government debt trading to help them weather some of the toughest market conditions in years, officials…
US and European stocks rise; dollar retreats
WASHINGTON/LONDON, Oct 25 (Reuters) – Wall Street continued to rise on Tuesday as weak data fueled hopes the Federal Reserve will slow its aggressive pace of rate hikes and European…
Stocks and bonds rally as investors spy on potential central bank ‘pivot’; the pound jumps on the fiscal U-turn
Britain abandons part of its tax plan; relieved markets Investors are starting to think about a central bank “pivot” on rates The dollar falls for the fifth day LONDON, Oct…
S&P downgrades UK ratings outlook after tax cut plan
LONDON, Sept 30 (Reuters) – Ratings agency Standard & Poor’s on Friday downgraded its AA credit rating outlook for Britain’s sovereign debt to “negative” from “stable” as it believed plans…
Wall Street rebounds as UK steps in to calm bonds
US stocks rebound after hitting new lows on Tuesday UK gilts soar as Bank of England intervenes US Dollar suspends record gains as British Pound stabilizes Oil prices jump after…
Wall Street continues to sell as global assets fail to rally
US stocks and global indices are negative, giving up early gains Dollar holds gains after hitting 20-year highs on Monday Oil rebounds from Monday’s nine-month lows Sep 27 (Reuters) –…