Mining The Markets

Updated

Europe’s STOXX 600 drops 1% on Mercedes drag; Target outlook weighs on retailers

BY Reuters  • November 16, 2022November 16, 2022
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index snapped a four-day winning streak on Wednesday, led by losses in shares of Mercedes Benz Group, while a dour forecast from[...]
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Business Economy Europe UK Updated

Bank of England’s Bailey speaks to lawmakers

BY Reuters  • November 16, 2022November 16, 2022
LONDON (Reuters) – Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers in parliament on Wednesday, two weeks after the BoE raised inte[...]
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Economy Europe Politics UK Updated

Russian weekly consumer prices edge up in latest data

BY Reuters  • November 16, 2022November 16, 2022
MOSCOW (Reuters) – Consumer prices in Russia rose slightly for the eighth consecutive week in mid-November, data published on Wednesday showed, driven by goods including eggs and tea and domesti[...]
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Economy Europe Updated

Trump’s 2024 presidential bid a fresh wrinkle for markets

BY Reuters  • November 16, 2022November 16, 2022
By David Randall NEW YORK (Reuters) -Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created anot[...]
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Business Economy Politics Top News Updated

NY Fed: Consumer debt rises in third quarter on strong demand, high inflation

BY Reuters  • November 16, 2022November 16, 2022
(This Nov. 15 story has been corrected to say “third quarter”, not “fourth quarter” in first paragraph) By Michael S. Derby (Reuters) – Americans continued to take on deb[...]
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Business Economy Updated

ECB promises “prudent” balance sheet cut as stability risks rise

BY Reuters  • November 16, 2022November 16, 2022
FRANKFURT (Reuters) -Risks to the euro zone’s financial stability are on the rise as the economy heads for a likely recession so any reduction in the European Central Bank’s bond holdings[...]
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Business Economy Updated

Thai government spending to target low-income groups – Finance Minister

BY Reuters  • November 16, 2022November 16, 2022
By Chayut Setboonsarng and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s economic stimulus policies will be more targeted toward vulnerable groups and low-income households, Finance[...]
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Asia Economy Updated

Oil prices settle higher on Druzhba oil pipeline disruption

BY Reuters  • November 16, 2022November 16, 2022
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Tuesday and settled higher after news that oil supply to Hungary via the Druzhba oil pipeline has been temporarily suspended due to a f[...]
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Business Economy Updated

In Burnley, Britain’s cost of living crisis hits home

BY Reuters  • November 16, 2022November 16, 2022
By Natalie Thomas BURNLEY, England (Reuters) – Skipping lunch each day and watching television in blankets to keep warm is not how Ann and Keith Hartley envisaged their retirement in Burnley, th[...]
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Business Economy Europe Health Politics UK Updated
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