Column: Dollar Cresting As Central Banks Ape Fed: Mike Dolan
Central banks around the world are starting to sing from the U.S.
PARTNER
Big oil set to open cash taps with another record quarter
Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and gas prices.
Tesla Keeps Nasdaq Afloat, AT&T Forecast Weighs On S&P 500
The Nasdaq rose on Thursday as electric automaker Tesla topped Wall Street's profit target, while the benchmark S&P 500 edged lower due to losses in telecom stocks after AT&T cut its cash flow forecast.
Euro Zone Stocks Choppy As ECB Starts Rate Hike With A Big Stride
Euro zone stocks slipped in volatile trading on Thursday as investors assessed the impact of an aggressive 50 basis point interest-rate hike by the European Central Bank amid growing worries about a recession and a political turmoil in Italy.
More news
Pictet Wealth Management Returns To Chinese Stocks After 18-month Hiatus
The wealth management arm of Swiss bank Pictet Group is buying Chinese equities again more than 18 months after it shunned the asset class, joining other foreign investors dipping back in as they bet on improving economic prospects and less regulatory intervention.
Russia and Ukraine seek to break grain impasse in Turkey
Turkey says it has 20 merchant ships waiting in the region that could be quickly loaded and sent to world markets.
Inflation Fatigue? Bond Investors Latch On To Disinflation
The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up recession concerns.
Oil mixed as market weighs tight supply against recession jitters
Oil prices were unsteady on Monday, with Brent trading higher on supply concerns while West Texas Intermediate (WTI) dipped, as traders balanced supply concerns against worries about a recession or China's COVID-19 curbs hitting demand.
King Dollar Stands Tall As Recession Fears Churn Global Markets
A cocktail of global growth fears, Federal Reserve hawkishness and euro weakness has boosted the U.S.
Forint Has Scope To Recover From Historic Lows
The Hungarian forint is expected to gradually recover and add more than 7% in the next year after plunging to fresh record lows this week, a Reuters poll of central European currencies showed on Thursday.
Gold Gains On Bargain Hunting After Sharp Losses, Softer Dollar
Gold prices edged up on Thursday as the dollar eased slightly and some investors scooped up bargains after sharp losses in the previous two sessions.
Gold Dips As Stronger Dollar, Rate Hikes Trounce Growth Concerns
Gold prices eased in a narrow range on Tuesday, as an elevated dollar and impending interest rate hikes overpowered support from underlying concerns over the global economic outlook.
UK drivers in go-slow protest over surging fuel prices
The government insists it has already cut fuel duty once, and is offering other financial support for the public, while blaming Russia for igniting the rapid rise in energy prices.
Oil prices slip as recession fears rumble on, tight supply stems losses
Oil prices fell in early Asian trade on Monday, paring gains from the previous session as fears of global recession weighed on the market even as supply remains tight amid lower OPEC output, unrest in Libya and sanctions on Russia.
Further Pain In Store For Asian Currencies After Turbulent First-half
Asian currencies will wallow in the near-term, analysts forecast this week, with any respite from their first-half losses only likely to come in the form of proactive policy normalization by regional central banks combined with a Chinese recovery.
Explainer-Nuts And Bolts Of The LME's Cancelled Nickel Trades Legal Case
Hedge fund Elliott Associates and Jane Street Global Trading are suing the London Metal Exchange for up to $500 million after the LME cancelled nickel trades on March 8 when prices soared to record highs above $100,000 a tonne in chaotic trade.
UK extends steel tariffs, breaching WTO obligations
The energy-intensive steel sector in Britain, already suffering at the hands of cheap Chinese imports, now faces sky-rocketing production costs as fuel prices surge.
European Stocks Skid On Gloomy Business Activity Data, Commodity Weakness
European shares dropped on Thursday after a survey showed euro zone business activity slowed significantly in June, adding to fears of a sharp economic downturn, while sliding oil and metal prices hit commodity-linked stocks.
Analysis-Wall Street's Hiring Frenzy Eases As Worries Grow Over Economy, Market Slump
With mounting uncertainty around the U.S. economic outlook and the resulting slump in financial markets, Wall Street is easing up on hiring after a recruiting frenzy last year.
Column-Want To Do Something About Your Ailing Retirement Savings? Don't
When the stock market gets volatile, retirement investors are naturally inclined to want to do something about it.
Rising rates pressuring countries' credit ratings, S&P Global warns
A growing group of countries are likely to see their credit ratings come under pressure as rising global interest rates hit already-stretched finances, one of the world's biggest rating agencies, S&P Global, has warned.
Harbour energy CEO warns of lower UK investment due to windfall tax
The North Sea's biggest oil and gas producer, Harbour Energy, has told the British government that Britain's planned windfall tax on the energy sector will shrink the company's investment in the country.
European stocks rise despite recession worries
Markets were rocked last week by a fierce selloff after the US Federal Reserve's sharp interest rate hike -- the biggest in nearly 30 years -- and a warning of more to come as inflation soars.
Drivers shrug off soaring fuel prices, for now
Drivers around the world are tolerating record-high prices for road fuels, as mobility wins out for now over other spending in squeezed household budgets, data showed.
The sea mines floating between Ukraine's grain stocks and the world
As the United Nations tries to broker a path for grain from Ukraine and temper worries about a global food crisis, hundreds of mines laid along the Black Sea present a practical nightmare that will take months to resolve even after any agreement.
Russia attacking Ukraine food targets to scare world, says regional governor
Russia is attacking food and agriculture targets in Ukraine in order to scare the world into agreeing a deal to reopen the Black Sea on Moscow's terms, the head of the region where a major agricultural storage facility was struck on Sunday said.
Ukraine's grain crop at risk as silos still half full due to stalled exports
Grain silos in Ukraine's government-controlled territory are about half full in the run-up to this year's harvest, meaning crops could be left in the ground if Russia continues its port blockade, the head of the Ukraine Grain Association said on Wednesday.
Tech Leads Europe Shares Lower On Tighter Monetary Policy Fears
European shares fell on Tuesday as investors worried about the squeeze to economic growth from aggressive monetary policy tightening by central banks in a bid to tame rising inflation.
Oil prices steady on doubts OPEC+ can make up Russian deficit
Oil prices were roughly unchanged on Friday, clinging to gains made in the previous session on doubts that producers belonging to OPEC+ can hike their crude output enough to make up for lost supply from Russia.
U.N. aid chief in Moscow to discuss Ukraine grain exports
U.N. aid chief Martin Griffiths is in Moscow on Thursday and Friday to discuss clearing the way for exports of grain and other food from Ukraine's Black Sea ports, a U.N.
Wall Street ends lower as economic data fails to ease rate hike angst
Wall Street's three major indexes closed lower on Wednesday as investors bet that the latest economic data would do nothing to push the Federal Reserve off track from its aggressive interest rate hiking cycle aimed at taming run-away inflation.
Cotton rally squeezes Asian garment makers, threatens recovery from COVID
A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs.
Bonds tremble as inflation hits new records
Stocks steadied in Asia on Wednesday as Shanghai emerged blinking from two months of lockdown and a dip in oil prices dangled the prospect of a respite from rising energy prices, but nerves about inflation kept investors and bond markets on edge.
Analysis: China's metals traders offload stockpiles as bleak demand outlook bites
China's army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world's top manufacturer, heralding a potential warning sign for steel, aluminium and other key industrial commodities.
- MOST READ IN Markets
- 1
- 2
- 3
- 4
- 5
-
Ignorant TikTok Accuses Native American Children On Field Trip Of Being Illegal Immigrants, Sparking Outrage
-
Quick Facts About Kelly Loeffler: Age, Net Worth, Family And Insider Trading Scandal
-
Quick Facts About Conor McGregor: $250K Rape Case Payment, Net Worth, Fiancée, And More
-
Elderly Woman Living Alone On Remote Greek Island Gifted A Donkey To Keep Her Company
