Column: Buying the bear? Equity demand endured market pain: Mike Dolan

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for … Read more

Sterling rises against dollar as stock market rallies

Pound and US dollar banknotes are seen in this illustration taken on January 6, 2020. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Sterling strengthened against the dollar on Monday as global risk sentiment improved, lifting European equities. Risk sensitive sterling has shown … Read more

BOJ policymakers warned of economic harm from excess yen moves at April meet

Some BOJ members warned of damage from excess FX moves – minutes One member said weak yen good for Japan’s economy – minutes Board divided over chance of overshoot in inflation outlook BOJ strengthened commitment to keep rates low at April meeting Govt spokesperson says rapid FX moves undesirable TOKYO, June 22 (Reuters) – Some … Read more

Market positioning suggests more pain for equities despite the route, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem … Read more

Stocks eye steepest slide since 2020 as central bankers roil markets

BOJ an outlier as leading central banks raise rates Investors’ recession fears grow US stocks set to bounce; S&P 500 seen up 0.9% LONDON, June 17 (Reuters) – World stocks headed for their worst week since markets’ pandemic meltdown in March 2020 as leading central banks doubled down on tighter policy in an effort to … Read more

Australian employment jumps in May as labor market tightens

A worker pushes a trolley loaded with goods past a construction site in the central business district (CBD) of Sydney in Australia, March 15, 2018. REUTERS / David Gray Register now for FREE unlimited access to Reuters.com Register SYDNEY, June 16 (Reuters) – Australian employment rebounded strongly in May while the jobless rate held at … Read more

Nearly half of Japan firms see weak yen as bad for business – survey

Illustrative picture shows Japanese 10,000 yen bank notes spread out at an office of World Currency Shop in Tokyo in this August 9, 2010 illustrative picture. REUTERS / Yuriko Nakao / File Photo / File Photo / File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, June 14 (Reuters) – Nearly half … Read more

Sterling rises against dollar after UK job data

A shop cash register is seen with both Sterling and Euro currency in the till at the border town of Pettigo, Ireland October 14, 2016. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register LONDON, June 14 (Reuters) – Sterling rose against the US dollar but fell to a one month low versus … Read more

Turkish lira seesaws after economy steps, bond yields slide

Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register Lira has tumbled 23% this year on top of 44% slide in 2021 Central bank measure seen boosting demand for bonds Banks lead shares higher on Borsa Istanbul … Read more

CEE ECONOMY Czech inflation hits 16%, raising bets of big June rate hike

Czech Crown coins are seen in front of a displayed logo of Czech central bank (CNB) in this picture illustration taken April 1, 2017. REUTERS / David W Cerny / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register Czech inflation surges above expectations Markets see at least a 100 bps … Read more