China announces record new local COVID cases Commodities sold off amid demand concerns Dollar slips against yen, Swiss franc NEW YORK/ LONDON, Nov 28 (Reuters) – US stocks tracked a decline in equities worldwide and oil was sold off on Monday as rare protests in major Chinese cities against the country’s strict zero-COVID curbs fueled … Read more
BEIJING, Nov 24 (Reuters) – China reported record high COVID-19 infections on Thursday, with cities nationwide imposing localized lockdowns, mass testing and other curbs that are fueling frustration and darkening the outlook for the world’s second largest economy. The resurgence of infections, nearly three years after the pandemic emerged in the central city of Wuhan, … Read more
Fed minutes for November due at 1900 GMT US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Euro zone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares churned on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light … Read more
Fed’s Bullard backs more rate hikes Data shows US labor market remains tight Cisco shares rise after co raises full-year outlook Macy’s jumps on profit forecast raise Indexes down: Dow 0.02%, S&P 0.31%, Nasdaq 0.35% Nov 17 (Reuters) – Wall Street’s main indexes ended modestly lower on Thursday in a choppy session as hawkish comments … Read more
NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created another variable for markets that some investors say remains a low priority for now. Trump, who has mounted relentless attacks on the integrity of US voting since his 2020 … Read more
Draft declaration: ‘Most’ G20 members condemn Ukraine war Ukraine’s Zelenskiy pushes his plan to end conflict Indonesia appeals for end to political polarization Inflation, debt, monetary policy also on the agenda US President Biden skips gala dinner on island of Bali NUSA DUA, Indonesia, Nov 15 (Reuters) – A Western-led push to condemn Russia’s invasion … Read more
https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more
GDP in Q3 -0.2% q/q vs Reuters poll -0.5% Seven economic output -0.6% m/m vs poll -0.4% GDP in July and August revised up Economists still see UK going into recession Finance minister predicts “tough road ahead” LONDON, Nov 11 (Reuters) – Britain’s economy shrank in the three months to September at the start of … Read more
https://tmsnrt.rs/2zpUAr4 Focus on US inflation for signs of slowdown in Fed hikes Dollar firm, crypto stokes spillover fears China mainland, Hong Kong shares battered by COVID case surge European markets steady SYDNEY/LONDON, Nov 10 (Reuters) – Shares dipped slightly and the dollar firmed on Thursday, ahead of US inflation data that will influence the Federal … Read more
WASHINGTON, Nov 10 (Reuters) – Republicans were edging closer to securing a majority in the US House of Representatives early on Thursday, while control of the Senate hung in the balance, two days after Democrats staved off a Republican “red wave” in midterm elections. Republicans had captured at least 210 House seats, Edison Research projected, … Read more