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

US labor market remains tight; business activity slowing

Weekly jobless claims fall 2,000 to 229,000 Continuing claims increase 5,000 to 1.315 million Business activity slows in June; new orders plummet WASHINGTON, June 23 (Reuters) – The number of Americans filing new claims for unemployment benefits edged down last week as labor market conditions remained tight, though a slowdown is emerging amid high inflation … Read more

Euro zone business growth slumped in June as price hikes bite

A shopping cart is pushed down the aisle in this photo illustration taken at Mercator shopping mall in Ljubljana, January 28, 2014. REUTERS / Srdjan Zivulovic Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Eurozone business growth has slowed significantly this month – and by much more than expected … Read more

Oil rises on market caution over supply concerns

Models of oil barrels and a pump jack are displayed in front of a rising stock graph and “$ 100” in this illustration taken February 24, 2022. REUTERS / Dado Ruvic / Illustration Register now for FREE unlimited access to Reuters.com Register MELBOURNE, June 21 (Reuters) – Oil prices rose 1% in early trade on … Read more

Fed’s Bullard: I hope US economy repeats outcome of 1994’s soft landing

St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS / Edgar Su / File Photo Register now for FREE unlimited access to Reuters.com Register June 20 (Reuters) – The US Federal Reserve could raise interest rates swiftly this year and forge a “stellar” economy ahead … Read more

London’s FTSE 100 rises on boost from financial, energy stocks

A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Register now for FREE unlimited access to Reuters.com Register FTSE 100 up 1.5%, FTSE 250 adds 0.5% Kingspan sees drop in May, June orders; shares slump Euromoney jumps on $ 2 bln possible … 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

The US lab market appears to be cool; homebuilding slumps as rates surge

The “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, US, May 9, 2022. REUTERS / Mike Blake / File Photo Register now for FREE unlimited access to Reuters.com Register Weekly jobless claims fall from 3,000 to 229,000 Continuing claims rise from 3,000 to 1,312 million Housing … Read more

Column: Goldman sparks bear-bull battle in the lithium market: Andy Home

LONDON, June 15 (Reuters) – Is the white-hot lithium market about to be dowsed in a cold cyclical shower of oversupply? Goldman Sachs thinks so. “We expect lithium prices to continue to correct for the rest of the year and remain under pressure from increasing supply over the next few years,” the Wall Street heavyweight … Read more