Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE reaction Euro down 1%; Aussie, Kiwi, Yuan Hits Multi-Year Low S&P 500 futures fall 0.6% SYDNEY, Sept. 26 (Reuters) – Sterling sank to a record low on Monday, sparking speculation about an emergency response from the Bank of England … Read more

Dow poised to confirm bear market status as recession fears mount

Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – The blue-chip Dow Jones Industrial Average (.DJI) plunged Friday, picking up pace to confirm it has been in a bear market after falling 20% ​​from its January record. The Dow would be the last of the three major indices to gain bear … Read more

Oil prices rise more than 2% as Putin mobilizes more troops

Pumpjacks are seen during sunset at the Daqing oil field in China’s Heilongjiang province, 22 August 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept. 21 (Reuters) – Oil rose more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and … Read more

Dollar off 20-year peak as Fed reports big central bank week

You can see one dollar banknotes for the featured stock chart in this image, taken Feb. 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept. 19 (Reuters) – The dollar stalled near a two-decade high on major competitors Monday, ahead of a week of market holidays and central … Read more

Canada may need a recession to cool inflation

A person shops at the North Mart supermarket in Iqaluit, Nunavut, Canada, July 28, 2022. REUTERS/Carlos Osorio/File Photo Register now for FREE unlimited access to Reuters.com Register OTTAWA, Sept. 18 (Reuters) – Underlying pressures driving inflation in Canada are likely to peak in the fourth quarter of this year, economists told Reuters, though most are … Read more

Wall St Week Ahead: As Markets Spin, Investors Hide In Cash Despite Rising Inflation

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City, USA Dec. 28, 2016. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept. 16 (Reuters) – A difficult year in the markets is leading some investors to seek refuge in … Read more

Wall Street collapses as inflation figures fuel bets on major rate hikes

Register now for FREE unlimited access to Reuters.com Register US consumer prices rise more than expected in August Trading price in a small chance of 100 bps rate hike Indices down: Dow 1.87%, S&P 2.30%, Nasdaq 3.07% 13 Sept. (Reuters) – US stock indices fell sharply on Tuesday, breaking a four-day winning streak after data … Read more

Fed is ready for another 75 basis point rate hike; early pivot unlikely: Reuters poll

Woman holds US dollar banknotes in this image, taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 13 (Reuters) – The Federal Reserve is set to hike another 75 basis point rate hike next week and is likely to keep its key rate stable for an extended … Read more

Wall Street poised for higher opening as focus shifts to inflation data

Register now for FREE unlimited access to Reuters.com Register Already eyes on August CPI report on Tuesday Bristol Myers Rises on FDA Approval for Psoriasis Drug Twitter Says Musk’s Latest Attempt To Undo the Deal Is Void Futures up: Dow 0.08%, S&P 0.30%, Nasdaq 0.26% 12 Sept. (Reuters) – US stock indices were set to … Read more

Asian stocks rise, dollar limited before inflation test

A man in a protective mask is reflected on an electronic board that displays stock prices outside a brokerage in Tokyo, Japan, Sept. 29, 2021. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei up 1.1%, S&P 500 futures up 0.1% Japanese officials protest ‘excessive’ yen weakness Sources say ECB could … Read more