Oil to remain volatile in 2024, says BofA
(Reuters) – U.S. oil companies and refiners are likely to face another challenging 12 months in 2024, Bank of America (BofA) analysts wrote in a note on Friday, who expect Brent crude…
Ericsson shares volatile after results, $2.9 billion charge
(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related to its acquisition of cloud communication firm…
‘Election fear’ stalks Argentina’s markets as volatile vote nears
By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s markets have a new cause for the wobbles – a presidential election whose outcome is anyone’s guess and could usher in…
Japan govt says volatile forex market ‘undesirable’
TOKYO (Reuters) – Japan’s top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and that authorities were closely watching the market and ready to take “appropriate”…
U.S. regional bank stocks volatile as investors eye Fed meet – Quotes
(Reuters) – Shares of major U.S. regional banks were volatile on Wednesday, after two straight sessions of declines following the collapse of the third U.S. lender and investors looked ahead to the…
Thai baht volatile, driven by external factors – central bank
BANGKOK (Reuters) – Thailand’s baht currency is likely to remain highly volatile due to external factors but its weakness is in line with moves in regional currencies, the central bank said on…
Analysis-Chinese companies hang onto dollars, hedge to prepare for volatile yuan
By Winni Zhou and Brenda Goh SHANGHAI (Reuters) – Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a…
Finnish insurer Sampo misses profit forecast in volatile market
(Reuters) – Finnish insurer Sampo on Friday reported a bigger-than-expected drop in fourth-quarter earnings citing challenging capital markets environment, sending its shares falling more than 5%. The group’s profit before tax fell…
Volatile rouble falls again, cutting short slight recovery
MOSCOW (Reuters) – The Russian rouble weakened in early trade on Friday, cutting short a slight recovery in the previous session as fears over oil and gas sanctions unnerved markets, though it…
At November Fed meeting, officials flagged market resilience amid volatile conditions
By Michael S. Derby NEW YORK (Reuters) – When Federal Reserve officials met at the start of the month to weigh another rate increase, some of them were thinking about what the…
U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after stronger-than-expected third-quarter GDP data, a senior IMF official said on Wednesday, but…
Instacart pulls IPO on volatile market conditions – sources
By Anirban Sen and Krystal Hu (Reuters) – Grocery delivery app Instacart is likely to postpone its plans to go public in 2022 amid market uncertainty that has left investors worried about…
Japan’s finance minister vows ‘appropriate steps’ to tackle volatile yen moves
TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Thursday the government will continue to take appropriate steps against excessive currency market volatility. “We absolutely cannot tolerate excessively volatile moves driven…
Japan’s FX diplomat vows ‘decisive’ action against volatile yen moves
By Leika Kihara WASHINGTON (Reuters) -Japan’s top currency diplomat Masato Kanda on Friday said authorities are ready to take decisive action in the currency market if excessive moves in the yen continue.…
Volatile food prices led to India cenbank missing inflation forecasts – economists
By Anushka Trivedi MUMBAI (Reuters) – India’s central bank has been consistently missing its inflation projections over the last two and half years mainly due to extreme weather conditions that drove up…
Analysis-Global metals volumes slide on recession fears, volatile markets
By Eric Onstad and Mai Nguyen LONDON/HANOI (Reuters) – Industrial metal trading volumes have fallen across the world and may slide further as economic threats from higher interest rates to the war…
Permanent shifts in inflation could mean more volatile policy – Fed’s Barkin
By Howard Schneider ATLANTA (Reuters) – Changes in global supply chains, demographic shifts, and fractured trade relationships may make inflation in the future more volatile, and force the Federal Reserve and other…
Dollar swaps blow out as volatile Q3 ignites dash for cash
By Amanda Cooper LONDON (Reuters) – Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil sent investors…
Analysis-Oil prices turn more volatile as investors exit the market
By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global…
Kuehne + Nagel’s quarterly earnings rise despite volatile supply chains
(Reuters) – Swiss logistics group Kuehne & Nagel International on Monday reported a 79% rise in its second-quarter net profit, citing growth in all business units despite volatile supply chains. Net profit…
Uneven earnings season providing little fuel for volatile U.S. stock market
By Lewis Krauskopf NEW YORK – Mixed financial results from U.S. megacap companies are dampening an otherwise better-than-expected first-quarter earnings season and so far failing to fuel stock performance in the face…
U.S. senators want ‘elevated and volatile’ West Coast pump prices investigated
WASHINGTON – Three U.S. senators wrote to the U.S. Federal Trade Commission on Tuesday to urge an investigation into “elevated and volatile” prices for gasoline, diesel and jet fuel. Senators Maria Cantwell,…
Fund managers predict volatile first half for risk assets
By Divya Chowdhury MUMBAI – Uncertainty over the pace of monetary policy will mean a volatile first half for risk assets followed by an upward path for equities in the second half…
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