PREMTL

Dollar absorbs doubt yen intervention, China data mixed

https://tmsnrt.rs/2zpUAr4 Dollar buffeted vs yen by doubt BOJ intervention Shares pare early gains as China markets ease China GDP beats forecasts but retail sales disappoint Stg flat as Boris Johnson bows out of PM race SYDN, Oct 24 (Reuters) – The US dollar weathered another suspected blast of Japanese intervention to push higher on the …

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US stocks extend rally, Treasury yields dip after solid earnings, economic data

NEW YORK, Oct 18 (Reuters) – Wall Street stocks closed higher and Treasury yields dipped on Tuesday as upbeat earnings and better-than-expected factory data stoked a risk-on rally. Building on Monday’s broad gains, the S&P 500 led the major US stock indexes higher to end the session up nearly 1% or more, with sectors across …

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Asia shares ease, major test looms for UK bonds

https://tmsnrt.rs/2zpUAr4 Nikkei down 1.4%, S&P 500 edges up after slide Focus on gilts as BoE buying ends, Truss future in doubt Dollar near 149 yen, market war of intervention SYDNEY, Oct 17 (Reuters) – Asian share markets slipped on Monday following another drubbing for Wall Street as investors braced for a further drastic tightening in …

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“60/40” portfolios are facing worst returns in 100 years: BofA

LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in a note on Friday, noting that bond markets continue to see huge outflows. “2022 (is) a simple tale of “inflation shock” causing “rates shock” which in turn threatening “recession shock” …

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World stocks slip to near 2-yr low ahead of US CPI data

MSCI’s ACWI world stocks index at lowest since November 2020 European stocks down 0.7% in early trading Dollar pushing for 7th day of gains, yen near 1998 low US CPI data set to drive bets on Fed rate hike UK gilt yields rise ahead of planned end of BOE support LONDON, Oct 13 (Reuters) – …

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European stocks struggle for direction, sterling recovers after BoE warning

LONDON, Oct 12 (Reuters) – European stocks held steady in early trading on Wednesday, while sterling recovered after hitting a 13-day low overnight as the Bank of England reiterated that it would end its emergency bond-buying at the end of the week . Global equity markets have fallen sharply in recent days, hurt by heightened …

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World stocks head back towards 2-year lows as mood sours

LONDON, Oct 11 (Reuters) – World stocks headed back towards their lowest levels in almost two years on Tuesday, with sentiment weighed down by unease about rapidly rising interest rates, an escalation in the Ukraine war and China stepping up pandemic measures. There was a modest respite for Britain’s battered bond market after the Bank …

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Stocks ease as Ukraine attacks and rate outlook spark flight to havens

MSCI global index drops for a fourth day Russian bombings across Ukraine fuel nervousness Markets braced for high core US CPI, earnings season LONDON, Oct 10 (Reuters) – Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook sent investors into safe-haven assets such as …

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Stocks slip in Asia, brace for CPI and earnings

https://tmsnrt.rs/2zpUAr4 S&P 500 futures down 0.5%, Nikkei futures ease Markets braced for high core US CPI, earnings season Wary on possible Russian reaction to bridge strike Japan, S.Korea on holiday, Treasury market shut SYDNEY, (Reuters) – Stocks slipped in Asia on Monday after a surprise drop in US unemployment quashed any thought of a pivot …

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Dust settles on stocks surge, OPEC+ talks supply cuts

LONDON, Oct 5 (Reuters) – World stocks clung to two-week highs on Wednesday, although another aggressive rate increase from New Zealand tempered the idea that central banks may be close to slowing down the pace of rapid monetary tightening. Oil prices were little changed before a meeting of OPEC+ producers to discuss a big cut …

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