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

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

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

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

Netflix subscribers fall for first time in a decade, shares plunge 23%

April 19 (Reuters) – Global streaming giant Netflix Inc (NFLX.O) on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors. The company’s stock plunged 23% in after-market trading, … 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

Wall St edges up at open after mixed bank earnings; Twitter jumps

A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of New York City, New York, US, April 16, 2021. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register April 14 (Reuters) – Wall Street’s main indexes inched higher at open on Thursday, following mixed earnings … 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 30-year peak; … Read more

Stocks climb, US Treasury yields slip as US inflation data fails to surprise

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 WASHINGTON, April 12 (Reuters) – World stocks edged higher after a wobbly start on Tuesday, while US Treasury yields slipped as data … Read more