Dollar reigns as investors fear recession pain

Dollar reigns as investors fear recession pain

Oil, Europe equity futures steady after steep drop Euro huddles at 20-yr low; sterling squeezed China stocks slip on fresh Shanghai virus outbreak TOKYO/SINGAPORE, July 6 (Reuters) – Asian stocks fell and the dollar stood by a two-decade high on the euro on Wednesday as investors’ fears deepened that the continent is leading the world … Read more

Explainer: US yield curve inverts again: What is it telling us?

Explainer: US yield curve inverts again: What is it telling us?

US dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 5 (Reuters) – A closely watched part of the US Treasury yield curve inverted again on Tuesday, as investors continue to price in the … Read more