Stocks slip, investors cautious ahead of U.S. jobs data

Stocks slip, investors cautious ahead of U.S. jobs data

LONDON, Aug 5 (Reuters) – European equities slipped on Friday and were little changed on the week as traders waited for U.S. jobs data to give clues as to the health of the world’s largest economy. The MSCI world equity index, which tracks shares in 47 countries, was up 0.1% and set for weekly rise … Read more

UK leadership favourite Liz Truss U-turns on pay plan in first big misstep

UK leadership favourite Liz Truss U-turns on pay plan in first big misstep

Conservatives’ Truss climbs down on key pledge Opponents say policy would have hit nurses, police officers Polls show conflicting picture on extent of Truss’s lead Daily Mail newspaper gives Truss its backing LONDON, Aug 2 (Reuters) – British foreign minister Liz Truss, the front-runner to replace Boris Johnson as prime minister, was forced to backtrack … Read more

Morning Bid: In pursuit of Pelosi’s plane

Morning Bid: In pursuit of Pelosi’s plane

A man reads the Global Times newspaper that features a front page article about U.S. House of Representatives Speaker Nancy Pelosi’s Asia tour at a street display wall in Beijing, China, August 1, 2022. The front page headline reads: “Pelosi visits Asia in the smell of gunpowder.” REUTERS/Thomas Peter Register now for FREE unlimited access … Read more

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 2 (Reuters) – Asia stocks … Read more

Google helps jittery stocks ahead of Fed

Asian stocks slide with U.S. yields on Pelosi jitters; Aussie drops

A man wearing a protective face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, February 14, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Nasdaq futures up 1.5%, S&P 500 futures … Read more

Asia shares bounce on China property fund as Fed hike looms

Asia shares bounce on China property fund as Fed hike looms

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Chinese stocks rise on … Read more

U.S. Treasury gives green light to Russian default insurance payouts

U.S. Treasury gives green light to Russian default insurance payouts

The United States Department of the Treasury is seen in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 22 (Reuters) – The U.S. Treasury issued a special waiver on Friday to allow investors with insurance against a Russian default, known as Credit Default … Read more

ECB raises rates more than expected to fight off runaway inflation

ECB raises rates more than expected to fight off runaway inflation

All rates rise by 50 basis points Inflation uncomfortably high and rising ECB also approves ‘anti-fragmentation’ tool called TPI Press conference at 1245 GMT FRANKFURT, July 21 (Reuters) – The European Central Bank raised interest rates by more than expected on Thursday, confirming that concerns about runaway inflation now trump growth considerations, even as the … Read more

Russia gas flow lifts euro ahead of ECB rate meeting

Russia gas flow lifts euro ahead of ECB rate meeting

Resumption in Russia gas flows lifts euro ECB set to hike rates by at least 25 basis points ECB rate decision due at 1215 GMT U.S. crude oil prices trade below $100 a barrel LONDON, July 21 (Reuters) – Stock markets eased on Thursday as a resumption of Russian gas supplies to Europe lifted the … Read more

Ukraine seeks debt freeze as war ravages economy

Ukraine seeks debt freeze as war ravages economy

Police officers look at a bus stop, a mosque and buildings damaged by a Russian military strike, as Russia’s invasion of Ukraine continues, in Kharkiv, Ukraine July 20, 2022. REUTERS/Nacho Doce Register now for FREE unlimited access to Reuters.com Register KYIV/LONDON, July 20 (Reuters) – Ukraine has asked its international creditors, including Western powers and … Read more