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

Inflation and rate hikes ahead: Bankers cautious on the economy

Charles Scharf, CEO, Wells Fargo speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, US October 18, 2021. REUTERS/David Swanson/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 14 (Reuters) – Wall Street’s major banks and asset managers were cautious about the economy as they detailed how … Read more

Wall St Week Ahead Beaten-down growth stocks alluring as Fed slows US economy

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 21, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 7 (Reuters) – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as … Read more