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Dollar bounces from 15-month low on strong core U.S. retail sales

BY Reuters  • July 18, 2023July 18, 2023
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on t[...]
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UK on track for most company insolvencies since 2009

BY Reuters  • July 18, 2023July 18, 2023
LONDON (Reuters) – England and Wales are on track for the highest quarterly number of company insolvencies since early 2009, as businesses struggle to repay COVID-19 loans against a tough econom[...]
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Business Economy Europe UK

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

Dollar decline slows as investors wait on Fed

BY Reuters  • July 17, 2023July 17, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but h[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Marketmind: China falls short and oil ebbs but banks impress

BY Reuters  • July 17, 2023July 17, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan China’s spluttering recovery set the tone for world markets on Monday after a bumper week of U.S. disinflation news was capped[...]
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Asia Business Economy Europe Politics UK US

UK CFOs turn wary as inflation and borrowing costs bite: Deloitte

BY Reuters  • July 17, 2023July 17, 2023
By William Schomberg LONDON (Reuters) – Finance executives at top British firms have turned more cautious in the face of high inflation and rising interest rates and they expect a slowdown in hi[...]
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Business Economy Europe UK

Rates surge hits UK wealth, but young people might gain – report

BY Reuters  • July 17, 2023July 17, 2023
LONDON (Reuters) – The jump in interest rates has wiped more than 2 trillion pounds off household wealth in Britain over the last year due to the fall in house prices and the value of bonds whic[...]
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Business Economy Europe Top News UK

Take Five: Buddy, can you spare a dollar?

BY Reuters  • July 17, 2023July 17, 2023
(Reuters) -A meeting of global finance ministers, earnings from U.S. companies whose market value exceeds that of some nations’ entire economies, and a pulse-check for Chinese growth are in the[...]
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