AUNZ

Dollar gains as China COVID concerns spur safe-haven buying

Dollar gains as China COVID concerns spur safe-haven buying

SINGAPORE, Nov 21 (Reuters) – The U.S. dollar was firmly higher against major currencies on Monday, while the Chinese yuan fell as sentiment soured on rising COVID cases and tighter restrictions in some cities of the world’s second largest economy. China’s capital, Beijing, reported two deaths on November 20, with the city’s most populous district …

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Global stocks gain on hopes recession warning will force Fed's hand

Global stocks gain on hopes recession warning will force Fed’s hand

Stocks rise as investors assess Fed rate moves in 2023 Treasury yields rise on tougher talks with the Fed Treasury Yield Curve Inversions Point to Recession Oil slides on rate hike, Chinese growth concerns NEW YORK/LONDON, Nov 18 (Reuters) – Global stocks edged higher and a key part of the Treasury yield curve inverted further …

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Fed hopes buoyant stocks, China's COVID easing boosts oil

Fed hopes buoyant stocks, China’s COVID easing boosts oil

LONDON, Nov 11 (Reuters) – A relief rally in global stocks entered a second day on Friday and the dollar fell as investors bet the spike in U.S. inflation will prompt the Federal Reserve to slow the pace of increases interest rates. Oil prices jumped after health authorities in the world’s top crude importer, China, …

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Wall Street momentum boosts global and European equities;  oil drops

Wall Street momentum boosts global and European equities; oil drops

WASHINGTON/LONDON, Oct 28 (Reuters) – Global and European stocks rose on Friday as Wall Street extended gains on hopes of a slowdown in rate hikes from some central banks. Commodity prices were hit by a stronger US dollar. Oil prices fell after major crude importer China expanded its COVID-19 restrictions. MSCI’s main global index, which …

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Russia set to largely circumvent new G7 oil price cap

Western officials finalize plans for Russian oil price cap

WASHINGTON, Oct 26 (Reuters) – U.S. and Western authorities are finalizing plans to impose a cap on Russian oil prices amid a warning from the World Bank that any plan will require the active participation of emerging market economies to be effective. Officials said no price range had yet been decided, but a person familiar …

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Australia's inflation hits 32-year high, sounds alarm over rates

Australia’s inflation hits 32-year high, sounds alarm over rates

SYDNEY, Oct 26 (Reuters) – Australian inflation hit its highest level in 32 years in the last quarter as the cost of building homes and gas rose, a shock outcome that fueled pressure for a return to more aggressive rate hikes by the country’s central bank. Data from the Australian Bureau of Statistics (ABS) showed …

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Dollar absorbs suspected yen intervention, Chinese data mixed

Dollar absorbs suspected yen intervention, Chinese data mixed

https://tmsnrt.rs/2zpUAr4 Dollar shaken against yen by alleged BOJ intervention Stocks cut early gains as Chinese markets ease Chinese GDP beats forecasts but retail sales disappoint Stg flat as Boris Johnson withdraws from PM race SYDNEY, Oct 24 (Reuters) – The U.S. dollar held off another suspected outburst on Monday from Japanese intervention to push the …

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Sovereign bond market turmoil will spread well into next year: Reuters poll

Sovereign bond market turmoil will spread well into next year: Reuters poll

BENGALURU, Oct 24 (Reuters) – Turmoil in global sovereign bond markets is set to linger for another six months to a year as central banks continue to raise interest rates to bring down inflation, according to a Reuters poll of investors. market strategists. More than a year after inflation first became a concern and just …

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