By Suban Abdulla LONDON (Reuters) – British retail sales growth slowed to a seven-month low in May as soaring food prices prompted shoppers to rein in spending on non-essential items and dashed[...]
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June 5, 2023
S&P 500 ends lower as traders eye potential pause in rate hikes
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming[...]
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Expectations for Brazil’s long-term inflation to start easing -cenbank chief
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Monday that long-term inflation expectations, which have long concerned policymakers, would start to decline an[...]
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Shares steady on hopes for rate-hike hiatus in June
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as investors mulled whether the Federal Reserve will refrain from raising rates in Jun[...]
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Marketmind: RBA set for a ‘hawkish pause’ … again?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Reserve Bank of Australia delivers its latest interest rate decision on Tuesday, undoubtedly the c[...]
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Oil rises on Saudi plan to deepen output cuts from July
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose on Monday after the world’s top exporter Saudi Arabia pledged to cut production by a further 1 million barrels per day (bpd) from July to c[...]
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Dollar falls after weak services data
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Monday on news that the U.S. services sector barely grew in May as new orders slowed, ending an initial rally sparked by strong jobs gro[...]
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Markets brace for deluge of Treasury bill supply after US debt deal
NEW YORK (Reuters) – Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit.[...]
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US services sector softens, factory orders boosted by defense
WASHINGTON (Reuters) – The U.S. services sector barely grew in May as new orders slowed, pushing a measure of prices paid by businesses for inputs to a three-year low, which could aid the Federa[...]
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