With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum

With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum

BUENOS AIRES/BEIJING, Dec 7 (Reuters) – Argentina’s President-elect Javier Milei has a China conundrum. The libertarian economist insulted communist-run China in a fiery campaign, but takes office on Sunday needing the country’s second-largest trade partner more than ever as a recession looms and foreign currency reserves run dry. Since he won the Nov. 19 election, … Read more

Stocks hold firm as dollar dithers ahead of US data

Stocks hold firm as dollar dithers ahead of US data

LONDON, Nov 28 (Reuters) – Global stocks steadied on Tuesday, underpinned by the conviction among investors that the Federal Reserve will not raise rates again, which kept the dollar at three-month lows and supported gold above $2,000 an ounce. Traders will have to weigh up data this week on how the U.S. economy fared in … 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

EUROPE Nvidia shares take bumpy ride after hours

EUROPE Nvidia shares take bumpy ride after hours

The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Courtesy NVIDIA/Handout via REUTERS/File Photo Acquire Licensing Rights A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia (NVDA.O), which in AI tech terms is the only … Read more

Stocks, bonds in euphoric mood, but dollar takes a beating

Stocks, bonds in euphoric mood, but dollar takes a beating

[1/2]A TV presenter gets ready for the daily reporting from the floor of the German share price index DAX at the stock exchange in Frankfurt, Germany, November 15, 2023. REUTERS/Staff/File Photo Acquire Licensing Rights Asian stock markets : Oil prices near four-month low after steep sell off Bonds rally as softer U.S. data hardens rate … Read more

Asia stocks jump as US inflation recedes, China data surprises

Asia stocks jump as US inflation recedes, China data surprises

A woman walks past a man examining an electronic board showing Japan’s Nikkei average and stock quotations outside a brokerage, in Tokyo, Japan, March 20, 2023. REUTERS/Androniki Christodoulou/File Photo Acquire Licensing Rights U.S. October CPI flat vs 0.1% rise expected Fed funds futures price in rate cuts by May JGBs surge as Japan economy contracts SINGAPORE, … 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

Portuguese PM quits over lithium, hydrogen corruption probe

Portuguese PM quits over lithium, hydrogen corruption probe

Prosecutors investigating lithium, hydrogen deals PM Costa subject of related investigation Says his conscience is clear, to cooperate with probe President to address nation on Thursday LISBON, Nov 7 (Reuters) – Portuguese Prime Minister Antonio Costa resigned on Tuesday, hours after prosecutors detained his chief of staff in an investigation into alleged corruption in his … Read more

Portugal’s PM Costa resigns over corruption investigation

Portugal’s PM Costa resigns over corruption investigation

LISBON, Nov 7 (Reuters) – Portugal’s Prime Minister Antonio Costa resigned on Tuesday amid an investigation into alleged irregularities committed by his majority Socialist administration in handling lithium mining and hydrogen projects in the country. Costa announced the decision in a televised statement after meeting President Marcelo Rebelo de Sousa. He said he conscience was … Read more

US broadly eases Venezuela oil sanctions after election deal

US broadly eases Venezuela oil sanctions after election deal

Venezuela’s President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo Acquire Licensing Rights WASHINGTON, Oct 18 (Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to a deal reached between the … Read more