Recession fear stalks oil, copper and stocks

Recession fear stalks oil, copper and stocks

LONDON, June 23 (Reuters) – Global markets fell on Thursday as investors worried that further rises in interest rates to what decades-high inflation would tip economies into recession. The German economy, Europe’s largest, suffered a sharp loss of momentum at the end of the second quarter, according to the latest Purchasing Managers’ Index, while corresponding … Read more

Stock rally fizzles on revived inflation fears

Stock rally fizzles on revived inflation fears

Employees of the foreign exchange trading company Gaitame.com work in front of monitors showing the Japanese yen exchange rate against the US dollar, the euro and Nikkei share average at its dealing room in Tokyo, Japan June 22, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – … Read more

Wall Street set for bounceback but recession risk keeps investors cautious

Wall Street set for bounceback but recession risk keeps investors cautious

LONDON, June 21 (Reuters) – Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, … Read more

Stocks stage small bounce as investors weigh cenbanks’ next moves

Stocks stage small bounce as investors weigh cenbanks' next moves

LONDON, June 20 (Reuters) – Stock markets chalked up modest gains on Monday after last week’s hefty losses as investors braced for a host of US Federal Reserve speakers this week, where they could underline a commitment to fight inflation whatever rate pain required. Trading was thinned by a US holiday. The euro was little … Read more

Week of rate hikes has stocks on course for steepest slide since 2020

Week of rate hikes has stocks on course for steepest slide since 2020

Pedestrians are reflected in a window in front of a board displaying stock prices at the Australian Securities Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now for FREE unlimited access to Reuters.com Register Everyone except the BOJ is hiking Stocks sink as economy risks grow Yen slips as BOJ leaves … Read more

Shares and bonds hit after Swiss and UK rate hikes

Shares and bonds hit after Swiss and UK rate hikes

MILAN, June 16 (Reuters) – World stocks fell on Thursday and bonds resumed their slide after a surprise Swiss interest rate hike fueled concerns about surging inflation and an aggressive policy tightening outlook from global central banks. The Swiss National Bank raised its policy rate for the first time in 15 years with a 50 … Read more

Emergency ECB meeting lifts Europe, Fed ready to go big

Emergency ECB meeting lifts Europe, Fed ready to go big

News of emergency ECB meeting sends Italian markets soaring Market almost fully priced for Fed to hike 75 bps Euro rally knocks dollar off 20-yr peak, US yields off decade top China economic data slightly beat forecasts, still weak LONDON/SYDNEY, June 15 (Reuters) – European markets rallied on Wednesday on news the European Central Bank … Read more

Asian stocks slide as Fed hike fears tip Wall St into bear market

Asian stocks slide as Fed hike fears tip Wall St into bear market

HONG KONG, June 14 (Reuters) – Asian shares slid sharply and the safe-haven dollar held near a two-decade peak on Tuesday after Wall Street hit a confirmed bear market milestone on fears aggressive US interest rate hikes would push the world’s largest economy into recession. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell … Read more

Stock markets jolted by Musk’s economy and jobs warning

Financial screws turned on Russia as insurers exit

LONDON, June 3 (Reuters) – Wall Street was tipped for a weaker open on Friday, bucking share price gains in Europe and Asia after warnings on the economic outlook from Tesla Chief Executive Elon Musk who outlined plans to lay off 10% of his staff . Markets are on edge ahead of crucial monthly jobs … Read more

Global shares rally on relief after Fed minutes

Global shares rally on relief after Fed minutes

NEW YORK, May 26 (Reuters) – World stock markets broadly rose on Thursday and bond yields eased as no hawkish surprises from the latest US Federal Reserve minutes helped soothe immediate worries over the impact of interest rate hikes on economic growth. Wall Street extended its rally from Wednesday. By midmorning, all three major US … Read more