By Harry Robertson LONDON (Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2% bounce over the last mont[...]
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May 18, 2023
Growing debt ceiling deal hopes send stocks higher
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher for a second straight day on Thursday on mounting optimism that a U.S. debt ceiling deal could be reached within days, with di[...]
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UK consumers turn more confident despite inflation pain – GfK
By Suban Abdulla LONDON (Reuters) – British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy and[...]
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Marketmind: World market, political eyes turn to Japan
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japan takes center stage on Friday, with the April consumer price inflation report grabbing the data s[...]
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Debt default could trigger recession, Harris and Brainard warn
By Doina Chiacu and Steve Holland WASHINGTON (Reuters) -Vice President Kamala Harris and top White House economic adviser Lael Brainard said on Thursday that a default on the U.S. debt of $31.4 trilli[...]
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Wall Street ends higher, dollar climbs on solid data, debt ceiling progress
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as discount retail giant Walmart Inc raised its sales outlook and strong economic da[...]
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US dollar hits seven-week high, bolstered by data, debt ceiling hopes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to seven-week peaks on Thursday as another round of solid economic data further pared back bets on easing by the Federal Reserve,[...]
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RBNZ to hike rates one last time by 25 bps on May 24 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of New Zealand will hike interest rates by a final quarter point on Wednesday then end its most aggressive tightening cycle since adopt[...]
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Banxico breaks 2-year hiking cycle, sees rates on hold for a while
MEXICO CITY (Reuters) -The Bank of Mexico, in a unanimous decision by its five-member board, kept its benchmark interest rate steady at 11.25% on Thursday, ending a nearly two-year rate-hike cycle, an[...]
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