By Davide Barbuscia NEW YORK (Reuters) -Several parts of the U.S. Treasury yield curve are reaching deeper levels of inversion, a sign that bond investors are increasingly worried about an economic sl[...]
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June 29, 2023
US weekly jobless claims post biggest drop in 20 months as economy shows stamina
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week by the most in 20 months, the latest sign of the economy’s resil[...]
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Dollar index hits two-week high as data boosts Fed hike expectations
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar index climbed to a two-week high on Thursday after economic data showed the labor market remained on a solid footing, giving the Federal[...]
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Fed’s Powell signals fresh US rate hikes ahead
By Jesús Aguado, David Latona and Padraic Halpin (Reuters) -U.S. central bankers are likely to resume their rate hike campaign after a break earlier this month, Federal Reserve Chair Jerome Powell sig[...]
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Bank of England’s Tenreyro warns against rate rises, says cuts may be needed
By David Milliken LONDON (Reuters) -The Bank of England has no need to raise interest rates further to curb inflation, and risks having to make a sharp U-turn if it tightens policy any more, BoE rate-[...]
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Oil settles higher, trade choppy as tight supply vie with rate hike fear
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled higher on Thursday after flip flopping during the session, supported by a bigger draw than expected in U.S. crude inventories but pressured b[...]
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Brazil cenbank chief signals he supports changing inflation target time frame
By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary authority to pursu[...]
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H&M leads Europe’s STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying on stronger-than-expected quarterly profit, but eco[...]
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Lebanon economic crisis worsened by vested interests, IMF says
By Maya Gebeily BEIRUT (Reuters) -Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary Fund (IMF) said on Thursday, warning th[...]
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