Stocks rise, US yields slip as markets await Fed rate hike

NEW YORK / MILAN, May 3 (Reuters) – A gauge of global equity markets edged higher on Tuesday while 10-year US Treasury yields slid from the 3% level as investors remained cautious, expecting the Federal Reserve to hike rates by the most in a single day since 2000 to curb inflation. Feeding inflation worries, data … Read more

Economic fears hit global equities, commods; Twitter lifts Wall St.

WASHINGTON / LONDON, April 25 (Reuters) – European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China’s sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk. Fears over China’s COVID-19 outbreaks spooked investors … Read more

Oil prices fall 5% after IMF cuts growth outlook

Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS / Bing Guan Register now for FREE unlimited access to Reuters.com Register … Read more

Global shares pause on inflation view; oil steady on Ukraine

A broker looks at financial information on computer screens on the IG Index the trading floor in London, Britain February 6, 2018. REUTERS / Simon Dawson Register now for FREE unlimited access to Reuters.com Register MSCI World Index flat; Asia ex-Japan index up 0.6% Oil slips back on weak China, Japan data UK inflation hits … Read more

Big Oil to tell Congress markets, not companies, set fuel prices-testimony

Gasoline drips out of a nozzle held by a gas station mechanic in Somerville, Massachusetts, US, March 7, 2022. REUTERS / Brian Snyder / File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 5 (Reuters) – US oil executives will tell Congress on Wednesday they are boosting energy output and no … Read more

Stocks slip, bonds hit as bets on Fed action rise

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 28, 2022. REUTERS / Staff Register now for FREE unlimited access to Reuters.com Register US treasury yields hit multi-year highs Dollar at its strongest in nearly two years Fed minutes eyed as bets on big rate hike increase … Read more

Column: Economic war pushes business cycle to tipping point

LONDON, March 23 (Reuters) – “The longer the war goes on, the greater the chance of an economic recession,” the chief executive of commodity trader Vitol said on Tuesday at a business leaders’ conference organized by the Financial Times. Recession risks were already elevated before Russia’s invasion of Ukraine and the subsequent surge in commodity … Read more

Wall Street pushes Treasury yields, stocks higher

US stocks advance, echoing gains in Europe 10-year Treasury yields hit highest level since 2019 Oil prices give back some gains Gold dips, Bitcoin advances BOSTON / LONDON, March 22 (Reuters) – US stocks regained ground on Tuesday, while Treasury yields climbed higher and oil dipped, as investors adjusted their expectations for rate hikes following … Read more

Pressed to choose sides on Ukraine, China trade favors the West

WASHINGTON, March 21 (Reuters) – US President Joe Biden’s warning of “consequences” for any aid China may give to Russia’s war effort could force Chinese President Xi Jinping to choose between a longstanding lucrative trade relationship with the West and a growing strategic partnership with Moscow. Based on trade flows alone, Beijing has a lot … Read more

War, inflation and oil cap stocks rebound as yields warn

Oil over $ 100 and extending gains Stock indexes little changed Biden-Xi phone call due at 1300 GMT Yield inversion looms LONDON, March 18 (Reuters) – Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine … Read more