LONDON, Nov 24 (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next month were followed by the message from Frankfurt that the ECB will plough on. With Wall Street shut for Thanksgiving, it was up to …
Dollar nears 3-mth low, shares climb after Fed tests the brakes Read More »
Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Eurozone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that could …
Investors batten down ahead of Fed minutes, Eurozone recession fears grow Read More »
https://tmsnrt.rs/2zpUAr4 China stocks skid as Beijing coronavirus cases rise Dollar, bonds shade firmer before Fed minutes Oil prices fall again after losing 10% last week SYDNEY, Nov 21 (Reuters) – Asian share markets and oil prices slipped on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk …
Asia shares, oil prices skid on China COVID outbreaks Read More »
https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed warnings on rates US yield curve most inverted since 1981 Dollar runs into fresh selling, but off week’s lows SYDNEY, Nov 18 (Reuters) – Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in …
Shares cautious, US yield curve deep in recession territory Read More »
https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks …
HONG KONG/SINGAPORE/NEW YORK, Nov 10 (Reuters) – FTX Chief Executive Sam Bankman-Fried on Thursday launched an urgent push to raise funds to save his firm as the crypto exchange looks to plug a reported $8 billion hole in its finances, according to tweets and a memo to employees. Bankman-Fried said he was in talks with …
FTX’s Bankman-Fried scrambles for funds after Binance deal collapse Read More »
Nov 10 (Reuters) – (This story contains language some readers may find offensive in paragraph 2) On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. “I’m sorry,” he told them. The reason for the mea culpa: His announcement half an hour earlier that FTX’s arch-rival, Binance, …
Exclusive: Behind FTX’s fall, battling billionaires and a failed bid to save crypto Read More »
SINGAPORE/LONDON, Nov 9 (Reuters) – Cryptocurrencies saw a second day of sharp declines on Wednesday, as investors continued to fret about the stability of the sector and the financial health of major exchange FTX despite plans for a rescue deal from bigger rival Binance . Crypto giant Binance signed a nonbinding agreement on Tuesday to …
Cryptocurrencies fall after FTX-Binance turmoil spooks investors Read More »
LONDON/SINGAPORE, Nov 4 (Reuters) – Global stocks rose on Friday for the first time in three days ahead of key US jobs data, as investors took heart from reports China may relax its COVID rules, boosting major currencies against the dollar and prompting a 2% rally in oil. The MSCI index of global shares (.MIWD00000PUS) …
Stocks and oil rally on reports of China COVID respite Read More »
LONDON, Nov 2 (Reuters) – European shares dipped and US stock futures were mixed on Wednesday as a note of caution crept into world stock markets as the US Federal Reserve looked set to deliver its fourth, 75 basis points interest rate increase. Another aggressive rate hike to contain hot inflation when the Fed conclides …
Caution creeps into world stocks as Fed gets ready to hike big again Read More »