Oil prices fall for a second day on concerns for expected recession

Oil prices fall for a second day on concerns for expected recession

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by … Read more

Sterling collapses as investors fly into dollars

Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE response Euro down 1%; Aussie, kiwi, yuan hit multi year lows S&P 500 futures drop 0.6% SYDNEY, Sept 26 (Reuters) – Sterling slumped to a record low on Monday, prompting speculation of an emergency response from the Bank of … Read more

Ban on gas fracking in England lifted in push for energy independence

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply Moratorium has been in place since 2019 More research needed to assess risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking for shale … Read more

Fed feeds recession fears, Japan steps in to support yen

Fed feeds recession fears, Japan steps in to support yen

Fed surprises with aggressive hike projections Japan intervenes in FX as dollar/yen breaks 145 Central bank bonanza as UK, Switzerland and Norway hike LONDON, Sept 22 (Reuters) – World stocks were close to a two-year low and Japan was forced to intervene to prop up the yen for the first time since 1998 on Thursday … Read more

U.S. senators want secondary sanctions on Russian oil

U.S. senators want secondary sanctions on Russian oil

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 20 (Reuters) – Democratic and Republican senators on Tuesday proposed that U.S. President Joe Biden’s administration use secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow’s invasion of Ukraine. Democratic Senator Chris Van … Read more

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Stocks fall, bonds and gold gain as Russia threats add to Fed jitters

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 21 (Reuters) – Stocks fell, while safe havens such as government bonds and the dollar rose, as anxious investors fled risk assets after Russian President Vladimir Putin on Wednesday ordered a mobilisation over Ukraine and accused the West of “nuclear blackmail”. European currencies came … Read more

Oil dips on recession fears; supply concerns limit declines

Oil dips on recession fears; supply concerns limit declines

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 19 (Reuters) – Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth … Read more

Stocks tense, dollar bullish for central bank binge

Stocks tense, dollar bullish for central bank binge

Passersby wearing protective face masks walk past a stock quotation board in Tokyo, Japan February 24, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 S&P 500 futures slip, Nikkei futures down Fed leads pack of central bank meetings Market leaning toward 75 bp from Fed, PBOC eases Dollar firm near … Read more

Blinken to meet Yemeni presidential leadership council chairman in New York

Blinken to meet Yemeni presidential leadership council chairman in New York

U.S. Secretary of State Antony Blinken faces a joint news conference with Jordan’s Foreign Minister Ayman Safadi following a Memorandum of Understanding (MOU) signing ceremony at the State Department in Washington, U.S., September 16, 2022. REUTERS/Leah Millis Register now for FREE unlimited access to Reuters.com Register Sept 18 (Reuters) – U.S. Secretary of State Antony … Read more

European stocks extend losses as slowdown warnings weigh

European stocks extend losses as slowdown warnings weigh

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 16 (Reuters) – European stocks dipped on Friday and Europe’s benchmark German 10-year bond yield hit its highest since mid-June as investors braced for a U.S. rate hike while warnings from the World Bank and the International Monetary Fund fanned fears of a slowdown. … Read more