By Saeed Azhar and Shreyashi Sanyal NEW YORK (Reuters) – Wall Street stocks finished sharply lower on Tuesday and short-term Treasury yields shot up as investor jitters grew over a lack of progr[...]
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May 23, 2023
Brazil finance minister says fiscal reforms will calm investors, central bank
BRASILIA (Reuters) -Brazil’s Finance Minister Fernando Haddad on Tuesday said that the government’s new fiscal rules and a tax reform should calm investors and the central bank and that th[...]
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Marketmind: RBNZ to hike rates, U.S. default ticks closer
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An expected interest rate hike in New Zealand will be the main regional focus for Asian and Pacific ma[...]
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Oil rises as US gasoline supplies tighten, Saudi says: ‘watch out’
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning from the Saudi energy minister to speculators that raised the prospect of furthe[...]
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Global shares drop, benchmark US yields ease amid debt ceiling deadlock
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continu[...]
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Brazil’s finance ministry lifts 2024 inflation estimate
BRASILIA (Reuters) – Brazil’s finance ministry on Tuesday lifted its 2024 inflation forecast to 3.63%, from 3.52%, and kept its estimate for growth in Latin America’s largest economy[...]
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Dollar higher as U.S. debt ceiling concerns keep traders nervous
By Karen Brettell and Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar hit a two-month high against a basket of currencies on Tuesday as a lack of progress in talks over increasing the U.S[...]
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No signs of progress from White House, Republicans in ‘tough’ debt ceiling talks
By David Morgan, Steve Holland and Richard Cowan WASHINGTON (Reuters) – Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks on Tuesday[...]
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ECB must keep hiking to tame inflation ‘poison’, Deutsche Bank CEO says
BERLIN (Reuters) – The European Central Bank needs to continue raising interest rates to tame the highest inflation in decades, Deutsche Bank CEO Christian Sewing said on Tuesday. “This po[...]
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