SG

Stocks rally, dollar falls on easing inflation

Wall Street rallies with Nasdaq leading gains CPI was flat in July after rising 1.3% in June In 12 months through July, CPI rose 8.5% vs 9.1% in June NEW YORK, Aug 10 (Reuters) – Wall Street equities rally and the dollar tumbled after signs of sharply decelerating US inflation prompted bets that the Federal …

Stocks rally, dollar falls on easing inflation Read More »

Singapore-based crypto lender Hodlnaut suspends withdrawals

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register HONG KONG, Aug 8 (Reuters) – Hodlnaut, a Singapore-based crypto currency lender and borrower, has suspended withdrawals, swaps and deposits, …

Singapore-based crypto lender Hodlnaut suspends withdrawals Read More »

World shares bounce after US jobs report sell-off

Euro STOXX gains 0.8% Wall Street set to gain Markets narrow odds on 75 bp hike ahead of US CPI dollar falls Oil recoups early losses, tries to rally LONDON/SYDNEY, Aug 8 (Reuters) – Shares gained ground on Monday, recovering their footing after a strong US jobs report last week bolstered the case for more …

World shares bounce after US jobs report sell-off Read More »

Sterling falls as BoE expects recession, US futures up

Bank of England hikes rates by 50 basis points BoE expects recession throughout 2023 Fed official: 50bp hike in Sept “reasonable” Oil stabilises after hitting six-month low Lufthansa returns to operating profit LONDON, Aug 4 (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro …

Sterling falls as BoE expects recession, US futures up Read More »

US stocks advance, Treasury yields rise following strong economic data, Fed resolve

NEW YORK, Aug 3 (Reuters) – Wall Street advanced and Treasury yields touched two-week highs on Wednesday as abating geopolitical concerns, robust economic data and generally upbeat corporate earnings fed investor risk appetite. All three major US stock indexes were higher, and benchmark 10-year Treasury yields gained ground. Economic data showed an unexpected acceleration of …

US stocks advance, Treasury yields rise following strong economic data, Fed resolve Read More »

Asian stocks slide with US yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung Hoon Register now for FREE unlimited access to Reuters.com register TOKYO, Aug 2 (Reuters) – …

Asian stocks slide with US yields on Pelosi jitters; Aussie drops Read More »

Big tech, oil extend Wall Street’s mid-summer rebound

US stocks indexes jump 1-2%; Amazon, Chevron lead S&P 500, Nasdaq post biggest monthly gains since 2020 Oil futures up nearly 2%; US dollar index dips Longer-term Treasury yields decline July 29 (Reuters) – US stocks extended their mid-summer rebound on Friday, with the dollar and some longer-term Treasury yields dipping, as Wall Street cheered …

Big tech, oil extend Wall Street’s mid-summer rebound Read More »

Google helps jittery stocks ahead of Fed

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/ Kim Kyung Hoon Register now for FREE unlimited access to Reuters.com register Nasdaq futures up 1.5%, S&P …

Google helps jittery stocks ahead of Fed Read More »

Russia gas flow lifts euro ahead of ECB rate meeting

Resumption in Russia gas flows lifts euro ECB set to hike rates by at least 25 basis points ECB rate decision due at 1215 GMT US crude oil prices trade below $100 a barrel LONDON, July 21 (Reuters) – Stock markets eased on Thursday as a resumption of Russian gas supplies to Europe lifted the …

Russia gas flow lifts euro ahead of ECB rate meeting Read More »

Stocks climb, euro inches higher in big week for markets

LONDON, July 18 (Reuters) – World equity markets got off to a solid start on Monday and the euro pulled away from parity as market participants scaled back bets on the Federal Reserve interest rate hike next week and on optimism spurred by central bank pledges to support China’s economy. US stock futures were up …

Stocks climb, euro inches higher in big week for markets Read More »