By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 ended lower on Friday, weighed down by Microsoft and other market heavyweights as comments from two Federal Reserve officials cur[...]
Read more
June 16, 2023
Fed policymakers deliver hawkish vibe after pause decision
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials struck a hawkish tone in their first comments since the central bank held the policy interest rate steady at its meeting this w[...]
Read more
World stocks gauge pauses after big run, heavy central bank week
By Lewis Krauskopf and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stock markets took a breather on Friday after a run to 14-month highs, while the U.S. dollar headed for its big[...]
Read more
Oil gains for the week as supply cuts balance demand concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil rose on Friday and posted a weekly gain, as higher Chinese demand and OPEC+ supply cuts lifted prices, despite expected weakness in the global economy and th[...]
Read more
Yen sags to 15-year low vs euro after BOJ rate decision
By Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The yen plunged to a 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept its ultra-low interest rate policy and fore[...]
Read more
U.S. Treasury found no currency manipulation in 2022, downgrades Swiss scrutiny
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday said it found that no major U.S. trading partners had manipulated their currencies for an export advantage, adding it ended[...]
Read more
European shares rise on defensive boost, post best week in 2 months
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares closed at a three-week high on Friday, underpinned by luxury and defensive stocks at the end of a week that was dominated by maj[...]
Read more
US consumers’ near-term inflation expectations hit two-year low; sentiment rises
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumers’ near-term inflation expectations dropped to more than a two-year low in June and the outlook over the next five years improved slightly, a[...]
Read more
Fed see key services inflation elevated with few signs of easing
By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs of easing,” the U.S. Federal Reserve said in its latest monetar[...]
Read more