Analysis: Loosening financial conditions threaten central bank inflation fight

The Federal Reserve building is pictured in Washington, DC, US, August 22, 2018. REUTERS/Chris Wattie Register now for FREE unlimited access to Register US financial conditions loosened 80 bps since June -Goldman Sachs Euro zone conditions loosen too as stocks gain, yields fall Easier conditions make it harder for central banks to tame inflation … Read more

Morning Bid: Asia’s economic spotlight shines on giants China, Japan

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying stock market data outside a brokerage in Tokyo, Japan, February 25, 2022. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Register Aug 15 (Reuters) – A look at the day ahead in Asian markets … Read more

Venezuela opposition leader Guaido in “informal” meetings with Colombia

Venezuela’s opposition leader Juan Guaido addresses the media in Caracas, Venezuela June 14, 2022. REUTERS/Leonardo Fernandez Viloria Register now for FREE unlimited access to Register CARACAS, Aug 12 – Venezuelan opposition leader Juan Guaido has held “informal meetings” with members of newly elected Colombian President Gustavo Petro’s government, he said on Friday. In a … Read more

Take Five: Retailer round-up, UK economy woes and Europe’s power problems

Aug 12 (Reuters) – US retailers’ earnings will give a glimpse into how consumers are dealing with sky-high inflation, and a raft of data will offer a check-up on the health of the UK economy. Power problems will continue to plague Europe, while the central bank spotlight falls on New Zealand. Here’s your week-ahead in … Read more

Bank of Canada’s ‘soft landing’ scenario hits the rocks in the bond market

A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo Register now for FREE unlimited access to Register TORONTO, Aug 11 (Reuters) – Canada’s inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a recession, … Read more

Argentina’s ambitious ‘superminister’ takes on economic crisis

BUENOS AIRES, Aug 5 (Reuters) – Asked about Sergio Massa, Argentina’s new “superminister” for the economy, many Argentines perceive him as an opportunistic politician with limitless ambition. But Massa’s political acumen, honed over four decades of party-hopping activism, is also widely seen as key to rescuing Argentina’s economy, which has been ravaged by sky-high inflation, … Read more

Stocks slip, investors cautious ahead of US jobs data

LONDON, Aug 5 (Reuters) – European equities slipped on Friday and were little changed on the week as traders waited for US jobs data to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was up 0.1% and set for a weekly … 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 Register LONDON, Aug 5 (Reuters) – Bond funds recorded their largest weekly inflow … 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 … Read more

Swiss National Bank posts record H1 loss, says no policy impact

A general view shows the building of the Swiss National Bank (SNB) in Zurich, Switzerland June 23, 2022. Picture taken with a drone. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Register Central bank has biggest half year and quarterly loss since 1907 SNB says losses will have no influence on monetary policy … Read more