People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register European shares down 1.3%, S&P 500 futures off 0.8% Dollar tops 137 yen before US CPI, inflation expectations Banks kick off earnings … Read more
US payrolls exceed expectations in June Rate futures price in 75-bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 (Reuters) – The US dollar was little changed against a basket of currencies on Friday ahead of the weekend following a choppy session that saw the greenback posting both gains … Read more
Nonfarm payrolls increase 372,000 in June Private sector employment back above pre-pandemic level Unemployment rate holds steady at 3.6% Average hourly earnings rise 0.3%; up 5.1% year-on-year WASHINGTON, July 8 (Reuters) – US employers hired far more workers than expected in June and continued to raise wages at a steady clip, signs of persistent labor … Read more
LONDON, July 8 (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key US jobs data later in the session. Investor sentiment had been positive earlier in the session, which analysts said … Read more
Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register July 7 (Reuters) – Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as … Read more
Weekly jobless claims increase 4,000 to 235,000 Continuing advance claims 51,000 to 1.375 million Announced job cuts jump 57% to 32,517 in June Trade deficit narrows 1.3% to $85.5 billion in May WASHINGTON, July 7 (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week and there are growing … Read more
LONDON, July 7 (Reuters) – Gains in chipmakers lifted stocks to calm investors after hawkish Federal Reserve comments increased the likelihood of a hefty interest rate hike later this month and raised fears over how much this could slow the economy. The euro struggled to avoid dipping below parity with the safe-haven dollar. Sterling was … Read more
Crude oil storage tanks are seen from above at the Cushing Oil Hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Oil rises nearly 3% before paring some gains Rate hikes, recession fears still capping price gains – analyst China reports new COVID cases across … Read more
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
US May factory orders rise more than expected Commodity-linked stocks, banks shares tumble Indexes fall: Dow 1.59%, S&P 1.20%, Nasdaq up 0.09% July 5 (Reuters) – The S&P 500 and the Dow fell on Tuesday, with investors fretting about the possibility of a recession as central banks across the world take aggressive actions to stem … Read more