By Mike Dolan (Reuters) -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Trade and inflation relief are driving world stock markets sharply higher on Monday, as we begin a packed week of big central bank meetings and heavyweight tech earnings. I’ll get into all the market-moving news below. …
Morning Bid: Stocks zoom on trade and inflation relief Read More »
By Yoruk Bahceli and Stefano Rebaudo LONDON/MILAN (Reuters) -The European Central Bank will likely keep rates on hold again on Thursday as traders waver on whether it will resume easing next year. Renewed U.S.-China trade tensions prompted caution in markets earlier in October but strong data and signs of progress towards a deal mean traders …
Still in a ‘good place’? Five questions for the ECB Read More »
SYDNEY (Reuters) -Australia’s top central banker said on Monday a rise in core inflation of 0.9% in the third quarter would be a “material miss” to forecasts that would have to be weighed by the board when judging whether to cut interest rates next week. Speaking at an economics dinner, Reserve Bank of Australia Governor …
Australian top central banker says 0.9% rise in core CPI would be ‘material miss’ Read More »
FRANKFURT (Reuters) -Credit growth to euro zone firms slowed last month but businesses remained optimistic about their prospects, even if profits are deteriorating and inflation could end up on a higher path, separate European Central Bank surveys showed on Monday. The euro zone economy has proved resilient this year amid tariff uncertainty but growth is …
Euro zone firms optimistic but profits are falling, ECB surveys show Read More »
BERLIN (Reuters) -German business morale rose in October, a survey showed on Monday, though trade woes continued to cast a pall over Europe’s largest economy. The Ifo institute said its business climate index rose to 88.4 in October from 87.7 in September. Analysts polled by Reuters had forecast a reading of 88.0. “German business has …
German business sentiment rises in October, Ifo survey finds Read More »
(Reuters) -Trade talks between Washington, Beijing and Canada will dominate a week headlined by central bank decisions in the United States, Canada and Europe, while Argentina’s markets digest a decisive midterm election win for President Javier Milei. Here’s all you need to know about the week ahead in world markets by Dhara Ranasinghe in London, …
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Sunday said the U.S. will not lose any taxpayer funds in financial support measures for Argentina, saying the U.S. was backing a Latin American ally as it holds a key election. The United States earlier this month purchased Argentine pesos and finalized a $20 …
Bessent vows that US won’t lose taxpayer money aiding Argentina Read More »
SHANGHAI (Reuters) -China is expected to adopt more supportive monetary and fiscal policies to bolster its slowing economy, Huang Yiping, an adviser to the central bank and a professor at Peking University, said on Saturday. The remarks come days after China reported its third-quarter gross domestic product data along with a series of key activity …
China expected to adopt more supportive fiscal and monetary policy, PBOC adviser says Read More »
By Tomas Cuesta BUENOS AIRES (Reuters) -Every Wednesday, 89-year-old Olga Beatriz Gonzalez eats a simple breakfast, picks up donations of bread and vegetables for the soup kitchen she runs from her home in the Buenos Aires suburbs, then starts making protest signs for the weekly demonstration she will attend in the city center. She is …
Retirees on the edge: Argentina’s protesting pensioners Read More »
By Sukriti Gupta and Purvi Agarwal (Reuters) -European shares closed at a record high on Friday, boosted by cooler than expected U.S. inflation data and hopes of an easing in U.S.-Chinese trade tensions, as investors assessed a slew of corporate earnings. The continent-wide STOXX 600 index closed up 0.2%. Most major regional indexes ended higher, …
European shares close at record high on US data, trade hopes Read More »
