By Sinéad Carew, Ankika Biswas and Sruthi Shankar (Reuters) – The tech-heavy Nasdaq closed slightly higher on Wednesday after strong Microsoft Corp results boosted technology shares, but the S[...]
Read more
April 26, 2023
Irish consumer sentiment improves to 13-month high
DUBLIN (Reuters) – Irish consumer sentiment increased sharply to a 13-month high in April on falling energy costs and a less threatening outlook for European Central Bank interest rates, a surve[...]
Read more
Marketmind: A heavy dose of tech, banks & politics
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The top-tier Asian economic data cupboard on Thursday is bare, meaning regional markets will probably[...]
Read more
No near-term solution for US debt ceiling adds economic headwind -PIMCO
By Davide Barbuscia CHICAGO (Reuters) -A U.S. default is highly unlikely, but negotiations around the debt ceiling are expected to be protracted, Daniel Ivascyn, chief investment officer at U.S. bond[...]
Read more
Tech powers Nasdaq gains; recession fears weigh on cyclicals, dollar
By Stephen Culp NEW YORK (Reuters) – The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid company earnings against weaker-than-expected economic data and ongoing wrang[...]
Read more
Oil drops nearly 4% as recession fears outweigh US inventory draw
(Refiles to fix formatting) By Laila Kearney NEW YORK (Reuters) – Oil prices dropped by almost 4% on Wednesday, extending the previous session’s sharp losses, even after a report showed U.[...]
Read more
Dollar weakens on fresh signs of slowdown, euro rebounds
By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for core capital goods fell more than expected in March, while the economic[...]
Read more
Bank of Canada refrained from rate hike to collect more economic evidence
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – The Bank of Canada (BoC) did not hike interest rates earlier this month because it wanted to wait for more evidence of the effects of previo[...]
Read more
World Bank’s Malpass: debt assessments should reflect growing share of domestic debt
By Andrea Shalal WASHINGTON (Reuters) – Debt sustainability analyses carried out by the World Bank and International Monetary Fund should reflect the growing share of domestic debt in many devel[...]
Read more