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Marketmind: Retail, housing and banks test jaunty July

BY Reuters  • July 18, 2023July 18, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan The benign July investment environment gets tested on Tuesday by updates on U.S. retail sales and housing while the corporate earning[...]
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Asia Business Economy Europe Politics UK US

Marketmind: China worries keep investors jittery

BY Reuters  • July 18, 2023July 18, 2023
A look at the day ahead in European and global markets from Ankur Banerjee Markets are still reeling from China’s raft of unimpressive data and with the economic calendar now light, worries over[...]
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Business Economy Europe UK

Analysis-Will China ever get rich? A new era of much slower growth dawns

BY Reuters  • July 18, 2023July 18, 2023
By Liangping Gao, Ellen Zhang and Kevin Yao BEIJING (Reuters) – China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich. Whether the world[...]
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Asia Business Economy Entertainment and Lifestyle Top News Updated US

Australia central bank hit pause as policy clearly restrictive, risking growth

BY Reuters  • July 18, 2023July 18, 2023
SYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on household finances[...]
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Asia Australia Business Economy

Marketmind: Global market outlook bright but China’s clouds darken

BY Reuters  • July 17, 2023July 18, 2023
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another day, another whoosh higher on Wall Street, but the double whammy[...]
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Asia Business Economy Updated US

Wall St ends higher with earnings poised to ramp up

BY Reuters  • July 17, 2023July 18, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended higher to kick off the trading week on Monday, buoyed by gains in financial and technology shares as investors awaited the next round[...]
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Business Economy Top News Updated US

In the Market: Small Treasury brokers seek reforms as ranks thin

BY Reuters  • July 17, 2023July 17, 2023
By Paritosh Bansal (Reuters) -At $25 trillion, the U.S. Treasury market is massive. And yet, small independent broker-dealers say they are running out of room to operate there. Over the past decade, a[...]
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Business Economy Updated US

US bank mergers frozen by capital rules, regulatory uncertainty

BY Reuters  • July 17, 2023July 17, 2023
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – U.S. banks will probably hold off on striking deals until the end of next year at the earliest as they await clarity on new rules on capit[...]
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Business Economy Updated US

US stocks rise on earnings outlook, global shares dip on China data

BY Reuters  • July 17, 2023July 17, 2023
By Herbert Lash NEW YORK (Reuters) -U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Ch[...]
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