Mixed Middle East markets amid rising recession fears

Mixed Middle East markets amid rising recession fears

A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the US presidency, in Manama, Bahrain, 8, 2020. REUTERS/Hamad I Mohammed Register now for FREE unlimited access to Reuters.com Register July 5 (Reuters) – The Saudi stock market extended losses for a third session on Tuesday amid … Read more

Euro plunges to two-decade low vs dollar as economic fears mount

Euro plunges to two-decade low vs dollar as economic fears mount

LONDON, July 5 (Reuters) – The euro sank to a two-decade low versus the dollar on Tuesday as another surge in natural gas prices reignited worries about the health of the euro zone economy and data showed euro zone business growth slowed sharply in June . The euro tumbled 0.9% against the dollar to $1.0325, … Read more

Dollar holds firm as growth fears stalk markets

Dollar holds firm as growth fears stalk markets

South Korean won, Chinese yuan and Japanese yen notes are seen on US $100 notes in this file photo illustration shot December 15, 2015. REUTERS/Kim Hong-Ji//Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 4 (Reuters) – The dollar kept trade-sensitive currencies pinned near multi-year lows on Monday and the euro was … Read more

Pound gains, but focus stays on struggling UK economy

Pound gains, but focus stays on struggling UK economy

June 30 (Reuters) – The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data revealing a record shortfall in the United Kingdom’s current account deficit in early 2022. Despite the bounce, the pound has rounded off its biggest six-month drop since 2016 in the first half of 2022, … Read more

Oil steady as concerns over weaker economy offset tight supplies

Oil steady as concerns over weaker economy offset tight supplies

A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS/Adriano Machado/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register OPEC, OPEC+ begin two days of policy meetings US inventors down as refiners pick up activity US crude production reaches high since … Read more

Morning Bid: When bad data is just that

Morning Bid: When bad data is just that

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 17, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. Much of the market rebound from the lows hit on June 17 was credited to … Read more

Morning Bid: The Sintra stage

Morning Bid: The Sintra stage

President of European Central Bank Christine Lagarde addresses a news conference following the meeting of the Governing Council’s monetary in Frankfurt, Germany March 10, 2022. Daniel Roland/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao The Portuguese village of Sintra … Read more

Dollar stumbles as markets reassess rate bets, eye ECB

Dollar stumbles as markets reassess rate bets, eye ECB

US dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register US rate hike bets par back aggressive Fed tightening path Investors look to ECB annual forum in Sintra US dollar eyes recovery after first posting weekly decline this month LONDON and WASHINGTON, … Read more

Stocks rally, copper extends fall as investors assessed, recession risk

Stocks rally, copper extends fall as investors assessed, recession risk

US stocks sharply higher early Copper falls again, oil higher Treasury yields edge up NEW YORK, June 24 (Reuters) – Stocks on global markets jumped on Friday, with Wall Street up more than 2% and the MSCI global index set for a weekly gain after three straight weeks of declines, as sliding commodity prices eased … Read more

Dollar stumbles as markets rethink interest rate path

Dollar stumbles as markets rethink interest rate path

US dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The US dollar slipped on Friday and headed for its first weekly decline of June as traders dialed down bets on where interest rates might peak and … Read more