German gloom highlights risks around Hungary’s recovery -survey
BUDAPEST (Reuters) – German companies in Hungary have turned more pessimistic about their business prospects than at any point since the 2009 financial crisis, a survey by Hungary’s largest foreign investor group…
Marketmind: A rare ray of light in selling gloom?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian stocks, particularly Chinese markets, may have started the week badly but…
Marketmind: Stock markets tense as China gloom builds
A look at the day ahead in European and global markets from Brigid Riley China’s new home prices fell in June for the first time this year, adding to an alarming picture…
Marketmind: U.S. stocks try to outrun the gloom
A look at the day ahead in U.S. and global markets by Harry Robertson It’s been a tough little patch for U.S. stocks, with the benchmark S&P 500 index falling for five…
US card companies’ wager on China travel boost hit by economic gloom
By Manya Saini and Niket Nishant (Reuters) – Visa and Mastercard, which bet on China to boost travel spending, have had to contend with a disappointing first half of the year as…
Marketmind: China gloom deepens, Wall Street shines
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The contrasting market fortunes between the U.S. and China are well known…
Factbox-Big banks stand strong against Fed’s commercial real estate gloom
By Michelle Price WASHINGTON (Reuters) – Big U.S. banks’ commercial real estate portfolios put in a surprisingly good performance during the Federal Reserve’s annual health checks, with losses declining slightly on last…
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) – April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday, with economists saying young people in particular were keener to try their…
EU sentiment flat as services optimism offsets industry gloom
BRUSSELS (Reuters) – Euro zone economic sentiment was broadly unchanged overall in April, as a pick-up among consumers and retail and services sectors offset a more gloomy view among manufacturers, while price…
UK consumer mood hits one-year high, but financial gloom persists
(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the economy and despite persistent gloom over personal finances, a survey showed…
UK consumers bought more in January but overall gloom persists
By William Schomberg and William James LONDON (Reuters) – British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying more on…
Little room for gloom at Dublin’s Davos for aircraft financiers
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – While the prospect of global recession casts a long shadow over the snowy peaks of Davos this week, the mood was mostly sunnier…
Gloom and boom: Fund managers’ top picks for 2023
By Naomi Rovnick, Alun John and Marc Jones (Reuters) – King Dollar’s reign (definitely) coming to an end, bonds bouncing and emerging markets rising again are just some of the trades international…
Global shipping growth at risk from economic gloom, UNCTAD says
By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the pandemic weaken…
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises have more reasons to play it safe, after a pessimistic message from the U.S.…
Standard Chartered’s Winters says ‘gloom’ over economy arguably overdone
DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Tuesday it was appropriate to be cautious in the current economic conditions, but the pessimism was probably too much. “Of course…
LVMH’s resilience gives luxury shares a boost amid economic gloom
PARIS (Reuters) – Shares in luxury goods companies rose on Wednesday, as LVMH set an upbeat tone with robust third-quarter sales, showing that shoppers have not lost their appetite for high-end designer…
China seen holding medium-term rate steady despite growing economic gloom
SHANGHAI (Reuters) – China’s central bank is widely expected to pause its monetary easing efforts and keep the medium-term policy rate steady this month, a Reuters survey showed, as widening policy divergence…
Boom turns to gloom as higher interest rates hit New Zealand housing- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall 10% this year and 5% next as aggressive interest rate hikes take some heat out of a blazing…
Marketmind: Don’t bank on China PMIs lifting the gloom
(Reuters) – A look at the day ahead in Asian markets from Jamie McGeever As tightening financial conditions continue to choke investor sentiment and slam global stock markets, good old-fashioned PMI data…
Marketmind: More doom and gloom looms for Europe
A look at the day ahead in European and global markets from Alun John Europeans will be hoping Wednesday’s economic data will provide some respite after a string of negative headlines, but…
Australia consumer sentiment slides further in July amid inflation gloom
SYDNEY – A measure of Australian consumer sentiment slid for an eighth straight month to match pandemic lows in July as the surging cost of living and rising interest rates darkened the…
Best Buy earnings expected to fan inflation gloom gripping America’s retailers
By Uday Sampath Kumar (Reuters) – Expectations are running low for electronics retailer Best Buy Co Inc’s quarterly earnings on Tuesday after results from two major industry players showed Americans were balking…
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