Crack in US dollar strength to spread as economy slows: Reuters poll

Crack in US dollar strength to spread as economy slows: Reuters poll

BENGALURU, Nov 8 (Reuters) – The dollar’s recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said economic data will be the primary influencer of major currencies for the rest of 2023. A stronger-than-expected U.S. economy and rising Treasury yields as … Read more

TSX hits 2-week low as interest rate uncertainty hits sentiment

TSX hits 2-week low as interest rate uncertainty hits sentiment

[1/2]The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren/File Photo Acquire Licensing Rights TSX ends down 0.5% at 19,348.81 Posts its lowest closing level since Oct. 6 Real estate sector loses 1.7% Canada Goose shares fall after brokerage downgrades … Read more

Wall St slips on higher yields, fall in chipmaker stocks

Wall St slips on higher yields, fall in chipmaker stocks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights US retail sales beat expectations in September BofA profit rises, Goldman Sachs profit plunges in Q3 Biden administration to halt China AI chip shipments Indexes: Dow down 0.2%, S&P … 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

Wall St set to open lower as yields rise ahead of Powell speech

Wall St set to open lower as yields rise ahead of Powell speech

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Crypto stocks rise as bitcoin hits near two-month highs US govt avoids shutdown as Congress passes funding bill Zscaler, Datadog gain on brokerage upgrades Futures down: Dow 0.25%, S&P … Read more

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

US stocks end sharply lower, Treasury yields spike on hawkish Fed outlook

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights Weekly jobless claims drop 9% FedEx gains on surprise profit beat Broadcom down on report Google to replace co as AI chip supplier NEW YORK, Sept 21 (Reuters) – Wall … Read more

Wall Street gyrates after Fed keeps rates steady, warns of higher for longer

Wall Street gyrates after Fed keeps rates steady, warns of higher for longer

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Fed sees 25 bp hike this year, 50 bp cuts in 2024 Fed’s projections see inflation approaching goal at end of 2025 Klaviyo jumps in debut Indexes: Dow up … Read more

Wall St falls as retail sales data fans rate fears, big banks drop

Wall St falls as retail sales data fans rate fears, big banks drop

[1/2]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights July retail sales rise more than expected Nvidia gains as UBS, Wells Fargo raise PT U.S. big banks fall as a report warns of downgrades Indexes down: Dow 0.73%, … Read more

S&P 500, Nasdaq fall as megacaps slide after producer prices data

S&P 500, Nasdaq fall as megacaps slide after producer prices data

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023. REUTERS/Brendan McDermid//File Photo News Corp up as quarterly profit tops estimates US-listed China stocks fall as stimulus measures disappoint US consumer sentiment dips in August July annual PPI 0.8% vs estimates of 0.7% Indexes mixed … Read more

Gabon sees Africa’s first ‘debt-for-nature’ swap over the line

Gabon sees Africa’s first ‘debt-for-nature’ swap over the line

A view shows an ecoguard walking on a path in the Arboretum Raponda Walker during a press visit of this protected forest aera on the eve of the opening of the One Forest Summit in Libreville, Gabon, February 28, 2023. REUTERS/Elizabeth Pineau/File Photo JOHANNESBURG, Aug 8 (Reuters) – Gabon moved forward with Africa’s first debt-for-nature … Read more