By Nell Mackenzie LONDON (Reuters) – Global hedge funds kicked off the largest net selling of U.S. financial stocks in 16 weeks just as earning season started in the week ending Jan.…
SAM PEAK: Biden Is Destroying Legal Immigration. Republicans Should Call Him Out Sam Peak on November 10, 2023 During Wednesday night’s debate in Miami, the Presidential candidates were right to hold Biden…
By Ryan Woo BEIJING (Reuters) -A second woman hoping to be the first American female climber to scale all of the world’s 8,000-metre (26,246 feet) mountains has been declared dead on a…
A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print on U.S. headline inflation rate for June has world markets betting the…
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will likely deliver a 25 basis point interest rate increase on Aug. 1 following a pause on Tuesday according to economists in a…
(Reuters) – Earnings of U.S. auto dealers have eased over the past few months from record levels hit in 2022 as margins came under pressure from high interest rates and inflation, a…
By Devayani Sathyan BENGALURU (Reuters) – New Zealand house prices are set to fall further this year than previously thought, according to a Reuters poll of property analysts who forecast a peak-to-trough…
PARIS (Reuters) -The European Central Bank interest rates are likely to reach their peak over the summer and a rate cut this year is out of the question, French ECB policymaker Francois…
A look at the day ahead in U.S. and global markets from Mike Dolan. There’s no shortage of economic gloom about but optimists have reasons to cling to hopes of peaking interest…
By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds have started 2023 betting that U.S. interest rates are close to peaking, that the Federal Reserve will keep them higher for longer and…
FRANKFURT (Reuters) – The European Central Bank will have to raise interest rates several more times to tame price pressures, even if headline inflation is now close to its peak, ECB chief…
By Vivek Mishra BENGALURU (Reuters) – Australian housing prices that are on a steep decline will likely fall further next year, according to a Reuters poll of analysts who forecast a peak-to-trough…
MILAN (Reuters) – Inflation in the euro area will hover around its current level over the next few months before starting to decline at some point during the first half of 2023,…
By Vivek Mishra BENGALURU (Reuters) – New Zealand’s house prices are forecast to fall more than previously thought this year and next with a peak-to-trough slump of 18% as aggressive interest rate…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever First Australia, now Canada. Who’ll be next to blink on interest rates? The Bank of…
By Francesco Canepa (Reuters) – Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again…
By Cooper Inveen and Christian Akorlie ACCRA – Consumer inflation in Ghana accelerated to 29.8% annually in June from 27.6% in May, official data showed on Wednesday, shattering another record while the…
TAIPEI – Taiwan’s exports rose in June on sustained demand for technology products even as shipments to China weakened, and the government said the outlook was good as companies ramp up for…
PARIS – French Finance Minister Bruno Le Maire said on Wednesday that the euro zone was “in the middle of an inflation peak” which would last until the end of the year…
ANDERSON: Has America Reached Peak Woke Capitalism? Brad Anderson on May 29, 2022 Has woke capitalism finally peaked? Recent indications suggest that it has. That’s good news for shareholders who have seen…
By Sujata Rao and Saikat Chatterjee LONDON – Worsening economic data may force central banks to blink and take a less aggressive rate-rise stance, money markets are betting, having steadily dialled back…
WASHINGTON – Inflation will need to move lower for “several months” before the Federal Reserve officials can safely conclude it has peaked, Cleveland Fed president Loretta Mester said Friday, adding she would…
A look at the day ahead from Danilo Masoni. A sharply lower close on Wall Street on Friday will set the tone across Europe this morning, as a busy week for central…
A look at the day ahead in markets from Saikat Chatterjee. Hopes raised by latest U.S. CPI numbers that surging inflation may finally be peaking appear to have finally halted a rout…
By Wayne Cole SYDNEY – Most of Australia’s major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the peak point…
SINGAPORE – The Chinese capital Beijing will largely wean itself off coal by 2035, when its total energy use is expected to peak at the equivalent of 90 million tonnes of standard…