By Leika Kihara TOKYO (Reuters) -Japan’s bitter memories of its decades-long battle with deflation hang heavily over the central bank’s deliberations to take its first modest step away fro[...]
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June 8, 2023
Brazil Lula’s central bank nominees to sit out next rate decision
BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s first nominees for top positions in Brazil’s central bank will not be involved in the upcoming interest rate decision on Ju[...]
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Wall Street ends up amid record low volatility ahead of eventful week
By Shristi Achar A and David Carnevali (Reuters) – U.S. stocks closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks, while volatility dropped to re[...]
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Bank of Canada hiked rates over alarm at household spending, stubborn inflation
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada lifted rates after a four-month pause because of surprisingly strong household spending and high core inflation, a seni[...]
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Marketmind: China inflation could spoil the weekend party
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar fall, historically low volatility, lower bond yields, and Wall Street on the march with t[...]
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EU’s Breton demands Meta act against online content targeting children
By Foo Yun Chee BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting[...]
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Shares rise, Treasury yields fall as US jobless claims surge
By Marc Jones and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks rose on Thursday and Treasury yields edged lower as investors leaned toward bets that the U.S. Federal Reserve is likely t[...]
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Oil prices partially recover after US, Iran deny reported nuclear deal
By Laura Sanicola (Reuters) -Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal. Oil fell by mor[...]
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Behold Wall Street’s new bull market, maybe
By Chuck Mikolajczak NEW YORK (Reuters) -S&P 500 advanced on Thursday, putting the benchmark index up 20% from its Oct. 12 closing low and heralding the start of a new bull market, at least by the[...]
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