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Weaker than expected euro zone data sends euro lower Nvidia jumps in trading after the bell on bullish forecast Investors eye Powell’s Jackson Hole speech Japanese yields hit new high, yen still in intervention zone U.S. Treasury yields pull back further from 16-year highs NEW YORK/LONDON, Aug 23 (Reuters) – The euro clung to a … Read more
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Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan A combination of worrying August business soundings from Europe … Read more
What do you do when two indicators seemingly measuring the same thing point in different directions? Those closely watching UK manufacturing lately may have encountered this very conundrum, with purchasing managers’ indexes (PMIs) diverging from the ONS’s official industrial production measure. Whilst the former suggests contracting activity, the latter—though not strong—has trundled along. The apparent … Read more
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets from Mike Dolan Restive bonds showed signs of calm on Wednesday, but … Read more
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(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Amazon surges in extended trade after results Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slump Aug 3 (Reuters) – U.S. … Read more
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A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan added its own twist to a week of rising central bank interest rates on Friday, and it proved an unlucky 13 for Dow Jones bluechips (.DJI) on Wall St. The BOJ’s long-awaited tweak of its ultra-easy bond-buying … Read more