By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday, as optimism around China relaxing its COVID-19 restrictions outweighed fears of a global recession that would weigh on energy demand.[...]
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December 19, 2022
EU countries agree gas price cap to contain energy crisis
By Kate Abnett BRUSSELS (Reuters) -European Union energy ministers on Monday agreed a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to[...]
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WTO chief rebukes countries over stalled negotiations
By Emma Farge GENEVA (Reuters) – The head of the World Trade Organization on Monday chided countries for failing to make headway on negotiations because of infighting over who should lead them.[...]
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Marketmind: BOJ draws 2022 curtain on G7 policy
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Bank of Japan delivers the last G7 central bank policy decision of the year on Tuesday, and those[...]
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Wall St posts fourth straight drop, Treasury yields rise as recession fears weigh
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply lower to extend their three-day losing streak on Monday and Treasury yields advanced, with few catalysts to dissuade risk-off sent[...]
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Wall Street falls fourth straight day as recession worries nag
By Sinéad Carew and Sruthi Shankar (Reuters) – Wall Street closed lower on Monday for a fourth straight session with Nasdaq leading declines as investors shied away from riskier bets, worried th[...]
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Dollar slips vs euro on upbeat German business morale data
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged down against the euro as upbeat German business morale data supported the common currency, while a modest improvement in investors’ appe[...]
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Analysis-Italy’s cash payments U-turn is all gain, no pain
By Valentina Za MILAN (Reuters) – Dropping a plan to boost small cash payments is the smart thing for Italy to do – the measure could not have stopped the inevitable digital transition, da[...]
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ECB’s Nagel pleads with Germans for patience in combating inflation
BERLIN (Reuters) – Bundesbank President Joachim Nagel asked the German public for patience in bringing down inflation, warning in an interview with broadcaster N-TV on Thursday that the impact o[...]
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