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European shares slip, but debt ceiling deal buoys U.S. futures

BY Reuters  • May 29, 2023May 29, 2023
By Elizabeth Howcroft LONDON (Reuters) -European stock indexes edged lower on Monday and euro zone bond yields dropped, but news that the U.S. had reached a debt ceiling deal over the weekend kept Wal[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal

BY Reuters  • May 29, 2023May 29, 2023
By Dhara Ranasinghe LONDON (Reuters) – The dollar nudged down on Monday, pulling back from six-month peaks against the yen as a U.S. debt ceiling deal lifted risk appetite in world markets and d[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Wall Street rallies, European shares see biggest gain in 2 months

BY Reuters  • May 26, 2023May 26, 2023
By Chris Prentice and Huw Jones NEW YORK/LONDON (Reuters) -Wall Street’s main indexes rose and European shares logged their largest one-day gain in two months on Friday as talks on raising the U[...]
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Asia Australia Business Economy Europe Updated US

Dollar set for third week of gains as US debt talks loom large

BY Reuters  • May 26, 2023May 26, 2023
By Hannah Lang WASHINGTON (Reuters) – The dollar was set for a third straight weekly gain on Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditc[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Australia retail sales flat in April as consumers cut back on food, dining out

BY Reuters  • May 26, 2023May 26, 2023
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in April as consumers, who face high living costs and rising interest rates, cut back spending on food and dining out, bolstering the[...]
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Asia Australia Business Economy Updated

New Zealand consumer confidence flat in May -ANZ-Roy Morgan

BY Reuters  • May 25, 2023May 25, 2023
SYDNEY (Reuters) – Consumer confidence in New Zealand was flat in May compared with the prior month and remained very subdued as consumers remained under pressure amid high inflationary pressure[...]
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Asia Australia Economy

Marketmind: Happy Friday, it’s AI boom time

BY Reuters  • May 25, 2023May 25, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks could be poised to end a volatile and dramatic week on a strong note on Friday, especiall[...]
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Asia Australia Business Economy US

Nvidia fuels Wall Street gains; gold falls to two-month low

BY Reuters  • May 25, 2023May 25, 2023
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday, as forecast-smashing reve[...]
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Asia Australia Business Economy Europe Updated US

Data boosts dollar, euro dips as Germany enters recession

BY Reuters  • May 25, 2023May 25, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar strengthened for a fourth straight session on Thursday against a basket of major peers to touch a two-month high, as U.S. data pointed to a r[...]
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Asia Australia Business Canada Economy Europe UK Updated US
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