European stocks and the euro jump on Ukrainian advances in the northeast

Join now for FREE unlimited access to Reuters.com Register LONDON, Sept 12 (Reuters) – European stocks surged on Monday after Ukrainian forces made a rapid advance into Kharkiv province in Russia’s worst setback since abandoning its push into Kyiv in March, while the euro extended gains inspired by the European Central Bank last week. On … Read more

Asian stocks stagnate as investors await more rate action

People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register HONG KONG, Sept 6 (Reuters) – Asian stocks largely wiped out early morning gains on Tuesday afternoon as investors remained cautious … Read more

Dollar hits 20-year high as markets seek higher rates for longer

US dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 29 (Reuters) – The U.S. dollar hit a 20-year high against other major currencies on Monday after Federal Reserve Chairman Jerome Powell announced interest rates would be kept lower. long … Read more

Stocks slide and dollar firm ahead of Jackson Hole conference

Fed sticks to hawkish tone – analysts U.S. Terminal Rate Expectations Rise, Dollar Gains New swings hit property stocks in China SINGAPORE, Aug 24 (Reuters) – Asian stock markets fell for an eighth consecutive session on Wednesday as investors worried about the scale of the problems in China’s property sector and braced for a hawkish … Read more

Eurozone slide into recession puts euro at 20-year low

PMI data bolsters European recession expectations Dollar leads after euro hits 20-year low, sterling slips Investors ask how hawkish the Fed will be in Jackson Hole Oil rebounds as Saudis talk production cuts US PMI expected just after Wall Street opens LONDON, Aug 23 (Reuters) – The contraction of the euro zone economy for a … Read more

Cryptoverse: Electric Aether Jumps About to Merge

Representations of the cryptocurrencies Bitcoin, Ethereum and Dash dip in water in this illustration taken May 23, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like Ethereum’s mega-upgrade is underway. To finish. After years of delays, the “merger” seems all but certain to take place … Read more

Asia shares mixed shares, China cuts rates as data disappoints

FILE PHOTO – People walk past an electronic screen showing Japan’s Nikkei stock price index at a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edge higher, S&P 500 futures plunge PBOC lowers key rates, Chinese data sorely lacking in forecasts Eyes … Read more

Australian inflation hits 21-year high, peak yet to come

Q2 CPI rose 1.8% q/q, 6.1% y/y just below forecast Core inflation up record 4.9% YoY vs RBA target of 2-3% RBA seen 50bps rise next week, 75bps less chance SYDNEY, July 27 (Reuters) – Australian inflation hit a 21-year high in the last quarter and is expected to pick up further as food and … Read more