Shares fragile, dollar soars on growth scare and Fed bets

World shares steady, earnings prop up Europe, US futures dip China stocks fall further as Beijing races to battle COVID Dollar hits fresh 2-year peak on China COVID fears, Fed bets Yuan above 1-year low after PBOC cuts FX reserve ratio Graphic: Global asset performance MILAN, April 26 (Reuters) – World shares steadied on Tuesday … Read more

Exclusive: ECB policymakers keen for quick end to bond buys, early rate hike

The logo of the European Central Bank (ECB) is pictured outside its headquarters in Frankfurt, Germany, December 8, 2016. REUTERS/Ralph Orlowski/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 24 (Reuters) – European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise … Read more

Argentina will not modify $45 billion debt deal with IMF, finance minister says

FILE PHOTO – Demonstrators sit near the National Congress as the senate debates the government’s agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina March 17, 2022. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, April 23 (Reuters) – Argentine economy minister Martin Guzman said late on Friday … Read more

Gold marks weekly dip on looming rate hikes, dollar rally

Spot gold hits two-week trough Silver on track for biggest weekly drop since late January April 22 (Reuters) – Gold fell 1% on Friday and was set for its biggest weekly decline since mid-March as signs of faster policy tightening by the Federal Reserve lifted Treasury yields and the dollar. Spot gold was down 0.9% … Read more

World Bank estimates Ukraine physical damage at roughly $60 billion so far

Rescuers work at a residential building damaged during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 19, 2022. REUTERS/Alexander Ermoshenko/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 21 (Reuters) – Physical damage to Ukraine’s buildings and infrastructure from Russia’s invasion has reached roughly $60 billion and will … Read more

Yellen, BoE’s Bailey, Canada’s Freeland walk out of G20 meeting as Russians speak

WASHINGTON/LONDON, April 20 (Reuters) – Top finance officials from Britain, the United States and Canada walked out of Wednesday’s G20 meeting as Russian representatives spoke, UK finance minister Rishi Sunak said, exposing deepening divisions over Russia’s continued presence in the body. read more Ukrainian officials in attendance also walked out of the meeting of top … Read more

Morning Bid: More of the same

US dollar and Japan yen notes are seen in this photo illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing … Read more

Russia’s Nabiullina flags further rate cut, return to inflation target in 2024

Elvira Nabiullina, Governor of Russia’s Central Bank, speaks during an interview in Moscow, Russia, June 27, 2019. REUTERS/Evgenia Novozhenina//File Photo Register now for FREE unlimited access to Reuters.com Register April 18 (Reuters) – Russian Central Bank Governor Elvira Nabiullina on Monday flagged a further cut in interest rates and said it would take two years … Read more

Russia may be in default, Moody’s says

A stop road sign is seen next to skyscrapers at Moscow International business centre, also known as “Moskva-City”, in Moscow, Russia April 14, 2022. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register LONDON, April 15 (Reuters) – Russia may be in default after it tried to service its dollar bonds in rubles … Read more

The game is afoot: central banks ramp up inflation fight

Traders work as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen at the New York Stock Exchange (NYSE) in New York City, US, March 16, 2022. REUTERS/Brendan McDermid//File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, April 14 (Reuters) – Central banks are racing to get on top … Read more