TOKYO (Reuters) -The Bank of Japan will review the side-effects of its monetary easing at next week’s policy meetings and may take additional steps to correct distortions in the yield curve, the[...]
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January 11, 2023
Wall St ends sharply higher on optimism before key inflation report
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflat[...]
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Foreigners’ dry powder is fuel for a long stock market rally in China
By Xie Yu and Ankur Banerjee HONG KONG/SINGAPORE (Reuters) -Foreign investors have barely begun buying back beaten-down stocks in China, but there are growing signs that the end of the country’s[...]
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Canada, Mexico win auto rules trade dispute with U.S.
By Steve Scherer OTTAWA (Reuters) – Canada and Mexico have won their challenge to the U.S. interpretation of content rules for autos under the new North American trade pact, a dispute panel rule[...]
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Marketmind: To the inflation stations
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation will set off the global market fireworks on Thursday and beyond, but there are a couple[...]
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Stocks rally, bond yields fall with bets on easing U.S. inflation
By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – The S&P 500 closed up more than 1% while U.S. Treasury yields fell and the dollar was little changed on Wednesday as investors bet t[...]
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Israel to trim taxes, water and energy costs to fight inflation
JERUSALEM (Reuters) -Israel will cancel or cut back recent hikes in property taxes, water and energy costs, Prime Minister Benjamin Netanyahu said on Wednesday, unveiling preliminary measures to ease[...]
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ECB will keep raising rates ‘significantly’ at sustained pace, De Cos says
By Jesús Aguado MADRID (Reuters) -The European Central Bank expects to continue raising interest rates “significantly” at future meetings, at a sustained pace, to ensure that inflation ret[...]
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Oil gains 3% on global economic optimism, despite surprise U.S. crude build
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an improved global economic outlook and concern over the impact of sanctions on Russian crude outp[...]
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