Swiss gold exports to the United States rocketed in March

Gold bars from the vault of a bank are seen in this illustration picture taken in Zurich, Switzerland, November 20, 2014. REUTERS/Arnd Wiegmann/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, April 26 (Reuters) – Swiss shipments of gold to the United States surged in March to their highest since May 2020, … Read more

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

Oil slumps 4% as Shanghai lockdowns stoke demand fears

Pump jacks operate at sunset in Midland, Texas US February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Shanghai COVID lockdowns drag into fourth week EU considers ‘smart sanctions’ on Russian oil -media US dollar hits two-year high on potential interest rate rise NEW … Read more

Higher inflation factors into review of tariffs on Chinese goods- White House

WASHINGTON, April 25 (Reuters) – The Biden administration is carefully studying the inflationary impact of tariffs imposed on China by former President Donald Trump’s administration given a surge in consumer prices, White House press secretary Jen Psaki said on Monday. PSAKI said she had no news on tariff reductions since US Trade Representative Katherine Tai … Read more

Putin accuses West of ‘terror’, tells prosecutors to be tough

Russian President Vladimir Putin attends the Orthodox Easter service at the Cathedral of Christ the Savior in Moscow, Russia April 23, 2022. Picture taken April 23, 2022. Sputnik/Sergei Fadeichev/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register Putin says West is trying to destroy Russia from within Western-backed assassins tried to kill … Read more

Shanghai’s economy slows as COVID deals blow to industry, retail

BEIJING, April 23 (Reuters) – The economy of Shanghai, China’s most populous city, slowed in the first quarter from the end of 2021, hurt by rare declines in industrial output and retail sales that were hammered by the country’s most serious COVID outbreak. Shanghai’s gross domestic product (GDP) grew 3.1% in the first quarter from … Read more

Chinese markets continue to see foreign investment outflows in April

Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register April 22 (Reuters) – Overseas investors extended their selling of Chinese shares into April, after dumping them in the previous month, on mounting worries about the impact of … Read more

Tesla races ahead of rising raw material costs on price hikes

SAN FRANCISCO, April 20 (Reuters) – Tesla Inc (TSLA.O) surged past Wall Street estimates for quarterly revenue and profit on Wednesday, as the electric carmaker raised prices in response to inflation, offsetting the impact of a Shanghai factory shutdown. Tesla has been an outlier since the pandemic outbreak, posting record deliveries and earnings for several … 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