Copper speculators anticipate a downturn for the market and the world

LONDON, Aug 11 (Reuters) – Speculators in the copper market, seen as an indicator of the health of the economy, are betting a global downturn means the metal used in power and construction has further to fall, despite its recent rebound. The latest data shows more funds with bearish positions than bullish copper positions on … Read more

Explainer: Britain and regulators square up over post-Brexit financial reform

LONDON, Aug 11 (Reuters) – Britain’s government proposed a far-reaching financial services law last month to exploit “freedoms” to write its own capital market rules since leaving the European Union. Approval of what is the biggest market reform in two decades is expected by May 2023. Liz Truss, the front-runner to become Britain’s next prime … Read more

Oil edges up as strong economic data feeds hopes for demand

FILE PHOTO – A oil field worker works at a pump jack in PetroChina’s Daqing oil field in China’s northeastern Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register HOUSTON, Aug 8 (Reuters) – Oil prices edged up on Monday, hovering near their lowest levels in months in … Read more

Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021

Photo for illustration. A man is silhouetted in an electronic board showing the FTSE MIB Index for the Italian equity market in this photo illustration taken in Rome August 9, 2011. REUTERS/Tony Gentile./File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 5 (Reuters) – Bond funds recorded their largest weekly inflow … Read more

TSX gains as US economic data bolsters tech shares

A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch/File Photo Register now for FREE unlimited access to Reuters.com Register TSX ends up 40.61 points, or 0.2%, at 19,545.94 Tech rallies 4.6 with Shopify up 10.8% Financials end 1.2% higher Energy falls 4.2% as oil prices … Read more

India shares up on auto rally ahead of sales data

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 1 (Reuters) – Indian shares kicked off August trading on a positive note on Monday, after having logged their best gains since November 2020 last month, led … Read more

Wall Street drops as shrinking economy brings recession closer

Traders react on the floor of the New York Stock Exchange (NYSE) as a screen shows Federal Reserve Board Chairman Jerome Powell during a news conference following a Fed rate announcement, in New York City, US, July 27, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register The US economy contracted again … Read more

Indian shares hit 2-month high on finance boost

A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 28 (Reuters) – Indian shares jumped to near two-month highs on Thursday, lifted by gains in non-bank lender Bajaj Finance after its … Read more

Indian shares rise as Bajaj Finance, L&T jump on strong results

A man wearing a protective mask walks past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 13, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 27 (Reuters) – Indian shares rebounded on Wednesday after a shaky start to the week, closing 1% higher, as Bajaj Finance and … Read more

Indian shares rise as govt cuts windfall tax on crude sales, fuel exports

A general view of the Bombay Stock Exchange (BSE), after Sensex surpassed the 50,000 level for the first time, in Mumbai, India, January 21, 2021. REUTERS / Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, July 20 (Reuters) – Indian shares rose more than 1% to a six-week high on Wednesday, … Read more