Reuters | February 21, 2023
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields hit new highs on Tuesday as investors weighed the prospects of a longer-than-anticipated stiff monetary policy stance by the Federal Reserve following continued strong economic data. Market sentiment has remained bearish after Fed officials signaled last week that the U.S. central […]
Reuters | January 12, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices fed expectations the Federal Reserve may have leeway to scale back the size of future interest rate hikes. U.S consumer prices fell in December for […]
Reuters | December 30, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes and fears of a sharp slowdown in global growth. As 2022 draws to a close, the dollar was set to notch […]
Reuters | December 5, 2022
By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks and Treasury prices fell on Monday as new evidence of a strong U.S. economy raised fears that interest rates will stay higher for longer, eclipsing China’s easing of pandemic restrictions. U.S. services industry activity unexpectedly picked up in November, with employment rebounding, in […]
Reuters | November 2, 2022
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session lower while Treasury yields were up Wednesday as the U.S. Federal Reserve delivered a three-quarters of a percentage point interest rate hike and Fed Chairman Jerome Powell said it was too soon to speculate over a pause in rate hikes. The dollar […]
Reuters | August 31, 2022
By Huw Jones and Koh Gui Qing NEW YORK (Reuters) – World stocks fell again on Wednesday, as expectations that central banks on both sides of the Atlantic will likely raise borrowing costs again next month soured sentiment and stoked recession fears, which dragged oil prices below $90 a barrel. Wall Street struggled to hang […]