Stocks slump to 2-year low as rates reality bites

A man is silhouetted in front of a board displaying the Japanese yen exchange rate against the US dollar outside a brokerage, after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen, in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access … Read more

Asian markets slide as recession risks remain high

People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik/File Photo Register now for FREE unlimited access to Register HONG KONG, Sept 16 (Reuters) – Asian markets sold off sharply on Friday and Europe looked set to follow as investors … Read more

Stocks slide, dollar cuts losses as Powell warns of economic pain

US stocks sell off of Powell comments Oil prices slip in choppy session NEW YORK, Aug 26 (Reuters) – An index of global stock markets fell on Friday, hurt by weakness on Wall Street after Federal Reserve Chair Jerome Powell said the US economy will need tight monetary policy “for some time” before inflation is … Read more

Asian markets gain, investors anxious for US rate hike clues

Pedestrians wait to cross a road at a junction near a giant display of stock indexes in Shanghai, China August 3, 2022. REUTERS/Aly Song Register now for FREE unlimited access to Register HONG KONG, Aug 25 (Reuters) – Asian share markets were broadly positive while the dollar was slightly weaker on Thursday, with investors … Read more

Stocks skid, dollar holds steady as market mood darkens

European share benchmark hits four week low Fed seen sticking to hawkish tone – analysts US peak rate expectations creep higher, dollar gains Fresh wobbles hit China property stocks SINGAPORE/HONG KONG, Aug 24 (Reuters) – Stock markets slid on Wednesday and the dollar held firm to its recent gains as investor sentiment was hurt by … Read more

European stocks fall as weak economic data hits sentiment

LONDON, Aug 19 (Reuters) – European stock indexes fell on Friday after German producer prices saw their biggest rise on record, while the dollar hit a one-month high as investors stayed cautious. Asian stocks had struggled to find direction, with concerns about the health of China’s economy weighing on sentiment, and by 0820 GMT, the … 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

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