Morning Bid: RBA center stage as markets wobble

Morning Bid: RBA center stage as markets wobble

A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing Rights Dec 5 (Reuters) – A look at the day ahead in Asian markets. An interest rate decision from Australia and key inflation readings from Japan and … Read more

Morning Bid: AI buzzes but market shrugs at Nvidia beat

Morning Bid: AI buzzes but market shrugs at Nvidia beat

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan The mercurial world of … Read more

Morning Bid: Rallying Nikkei on the cusp of a breakout

Morning Bid: Rallying Nikkei on the cusp of a breakout

Passersby wait at a crossing in front of an electronic board showing Japan’s Nikkei average outside a brokerage, in Tokyo, Japan, March 17, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights Nov 21 (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, U.S. Breaking News Editor for Finance and Markets. A … Read more

Morning Bid: Murky US inflation picture

Morning Bid: Murky US inflation picture

A trader works on the floor of the New York Stock Exchange shortly before the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan If investors were wondering … Read more

IPO laggards’ race to the bottom misses the target

IPO laggards’ race to the bottom misses the target

A view shows the Milan stock exchange building, as stocks slid in the first hours of trading after fears that the collapse of Silicon Valley Bank could trigger a broader financial crisis, in Milan, Italy, March 13, 2023. REUTERS/Claudia Greco Acquire Licensing Rights MILAN, Nov 10 (Reuters Breakingviews) – Italy is scrambling to make its … Read more

For global banks, India could soon be worth it

For global banks, India could soon be worth it

A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, January 3 2020. REUTERS/Francis Mascarenhas Acquire Licensing Rights BENGALURU, Nov 7 (Reuters Breakingviews) – Global banks’ CEOs have descended on Hong Kong for a financial leaders summit hosted by the city’s monetary authority but investment bankers based in the hub are … Read more

SPAC shell games will keep hiding the ball

SPAC shell games will keep hiding the ball

NEW YORK, Oct 5 (Reuters Breakingviews) – As blank-check deals go, it hardly could have been much worse than Better. The online mortgage lender led by Vishal Garg unveiled plans in May 2021 to go public at a nearly $8 billion valuation by way of a special-purpose acquisition company, exuberantly telling investors it expected to … Read more

Morning Bid: Breaking point? | Reuters

Morning Bid: Breaking point? | Reuters

U.S. House Speaker Kevin McCarthy (R-CA) walks back to the Speaker’s office after a motion to vacate the chair of Speaker of the House and end McCarthy’s continued leadership passed by a vote of 216-210, at the U.S. Capitol in Washington, U.S. October 3, 2023. REUTERS/Jonathan Ernst Acquire Licensing Rights Oct 4 (Reuters) – A … Read more

Morning Bid: Shutdown, oil, auctions and China rankle

Morning Bid: Shutdown, oil, auctions and China rankle

The U.S. Capitol Building is seen in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan After the worst week since March on Wall St, three issues keep the pressure – a possible U.S. government shutdown at the end … Read more

Western rival to Belt and Road has much to prove

Western rival to Belt and Road has much to prove

LONDON, Sept 25 (Reuters Breakingviews) – Western countries have a window of opportunity to come up with a credible infrastructure plan for the developing world. China’s $1 trillion Belt and Road Initiative is drowning in bad debts and may be about to lose Italy, the only big rich democracy which is a member. The People’s … Read more