Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on global markets on Friday, capping a volatile week that has…
IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was largely in line with economic fundamentals, but an IMF official…
Easing hopes prop up global stocks, pound sags as Britain eyes new PM
TOKYO (Reuters) – Expectations of policy easing by major central banks such as the Federal Reserve propped up global stocks on Tuesday, while the pound sagged as Britain braced for…
Stocks gain on Fed rate cut optimism; oil drops
NEW YORK (Reuters) – A gauge of global stocks advanced on Thursday, erasing declines on a late rally after comments from a U.S. Federal Reserve policymaker heightened expectations for a…
China data steadies stocks as U.S. earnings get underway
NEW YORK (Reuters) – A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness…
World stocks rise as bond yields buoy financials; oil drops
NEW YORK (Reuters) – A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street’s benchmark index advance, while oil prices fell on a…
Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On Friday, the Labor Department said nonfarm employers added 224,000 jobs…
Take Five: World markets themes – Losing interest
(Reuters) – 1/I’M GOIN’ DOWN… The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 4, 2019. REUTERS/Staff How low can you go?…
Asian shares cautious as weak manufacturing data stoke growth worries
SHANGHAI (Reuters) – Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing…