Oil prices rise amid G7 talks on new Russian sanctions

Crude oil storage tanks at Kinder Morgan Terminal in Sherwood Park, near Edmonton, Alberta, Canada, November 14, 2016. REUTERS/Chris Hellgren Register now to get free unlimited access to Reuters.com Register HOUSTON (Reuters) – Oil prices rose on Monday in a volatile session as investors awaited any moves against Russia’s oil and gas exports that might … Read more

Swiss sudden rate hike worries markets; Holds the Bank of Japan

Pedestrians reflect in a window in front of a board showing stock prices on the Australian Stock Exchange (ASX) in Sydney, Australia, February 9, 2018. REUTERS/David Gray/File Photo Register now to get free unlimited access to Reuters.com Register The Swiss National Bank raises 50 basis points, the franc rises and the dollar falls Stock markets … Read more

Analysis: Market crash exposes Europe’s divisions

Defeat markets focus on Europe’s Achilles heel The European Central Bank’s attempt to restore confidence that has been curbed by high prices Ministers deadlocked over a ten-year plan to support banks LONDON (Reuters) – A sell-off in the markets brought back memories of the euro zone debt crisis more than a decade ago, highlighting the … Read more

Global stocks near new lows in 2022 amid inflation fears

LONDON (Reuters) – Global stocks plunged towards 2022 lows and the Japanese yen fell to levels not seen in nearly a quarter of a century on Monday as sweltering inflation in the United States fueled fears of a more aggressive policy tightening in a large region. Central Bank Week. The significantly higher-than-expected US CPI reading … Read more

US retailers cut prices but services keep inflation high

WASHINGTON, June 9 (Reuters) – Major US retailers such as Target Corp (TGT.N) And Wal-Mart (WMT.N)It has cut rates to clear overcrowded warehouses, but hotel revenue is pouring in as daily room rates and occupancy are above pre-pandemic levels. Used car prices are no longer rising at the chart-topping pace that led to an initial … Read more

US weekly unemployment near five-month high; The job market is still very tight

People line up outside a newly reopened job center for personal appointments in Louisville, US, April 15, 2021. REUTERS/Amira Carrod Register now to get free unlimited access to Reuters.com Register Weekly jobless claims increased from 27,000 to 229,000 Unadjusted claims rise 1,008 to 184,604 Continuing claims unchanged at 1.306 million WASHINGTON (Reuters) – The number … Read more

Stocks Gain as Sentiment Improves, Raw at $120

Countdown to a group of central bank meetings Euro rises ahead of Thursday’s European Central Bank meeting Friday’s US CPI will test thinking about Fed increases Oil companies after Saudi Arabia raise prices NEW YORK (Reuters) – Global stock markets rose on Monday on signs of easing the restrictions imposed on China over the COVID-19 … Read more

The US labor market remains strong; Unemployment lists are the smallest since 1969

People line up outside a newly reopened job center for personal appointments in Louisville, Kentucky, US, April 15, 2021. REUTERS/Amira Karod Register now to get free unlimited access to Reuters.com Register Weekly jobless claims drop from 11,000 to 200,000 Continuing claims down 34,000 to 1.309 million Private salaries increase 128000 in May WASHINGTON (Reuters) – … Read more

Asian stocks rebound as China hopes overshadow inflation fears

A man wearing a protective mask, amid the outbreak of the coronavirus disease (COVID-19), walks through an electronic board displaying charts (top) for the Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now to get free unlimited access to Reuters.com Register SINGAPORE/HONG KONG (Reuters) – Asian stocks reversed losses … Read more

Wall Street is falling due to economic data and weak expectations fueling recession anxiety

Snap Inc braces for worst day ever after earnings warning Abercrombie & Fitch stagnates after cutting revenue forecasts Indices down: Dow 0.50%, S&P 1.43%, Nasdaq 2.73% NEW YORK (Reuters) – Wall Street veered lower on Tuesday as concerns about whether attempts to stem decades of high inflation growth have pushed the U.S. economy into recession … Read more