Hope to at least raise interest rates to raise Wall Street, oil gains

LONDON (Reuters) – Wall Street headed for another day of gains on Thursday as investors pushed for higher inflation to persuade central banks to pull back from expected interest rate increases in September. The prospect of a less severe tightening in borrowing costs dragged the dollar down, while oil prices rose after the International Energy … Read more

Stocks rise, dollar falls as inflation eases

Wall Street rises, Nasdaq leads gains CPI was flat in July after rising 1.3% in June In the 12 months to July, the CPI rose 8.5% versus 9.1% in June NEW YORK (Reuters) – Stocks rebounded on Wall Street and the dollar plunged after signs of a sharp slowdown in US inflation led to bets … Read more

Global stocks rebounded after US jobs report heavy selling

Euro Stoxx gains 0.8% Wall Street braces for gains Markets are narrowing down the odds for a 75 basis point rise ahead of the US CPI. The dollar goes down Oil compensates for its early losses, and tries to rise LONDON/SYDNEY (Reuters) – Stocks rose on Monday, recovering after a strong US jobs report last … Read more

China’s exports gain momentum but outlook is cloudy as global growth slows

China’s exports in July grow faster, beating expectations Imports are again disappointing, highlighting weak domestic demand The trade balance hit a record high in July Weak external demand is adding pressure to the economic and trade outlook BEIJING (Reuters) – China’s export growth unexpectedly accelerated in July, providing an encouraging boost to the economy as … Read more

Stocks rise ahead of US jobs data

Asian stocks brace for third consecutive week of gains Taiwan tops Asian gains. US European stock futures rise Treasury yield curve remains sharply inverted Oil is approaching its lowest level in six months HONG KONG (Reuters) – Asian shares rose on Friday, ahead of US jobs data that will provide further evidence of the health … Read more

Oil falls with dollar on recession fears; Wall Street ends mixed

Oil hits lowest level before Ukraine as demand outlook deteriorates The Bank of England predicts a recession throughout 2023 Treasury yield curve inversion deepened The dollar falls, the pound falls against the euro OTTAWA (Reuters) – Crude oil fell along with Treasury yields and the dollar on Thursday as recession fears escalated after the Bank … Read more