US job market in spotlight as weekly jobless claims hit 4-month high

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York, U.S., September 3, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Register Weekly jobless claims increase from 21,000 to 218,000 Continuing claims drop 25,000 to 1.317 million Mid-Atlantic factory activity slows … Read more

Analysis: The pain of food inflation puts emerging markets between a rock and a hard place

Food accounts for 40% of IPC baskets in low-income countries UN food price index hits record high in February and March More governments choose to introduce support measures Risk of social unrest is rising over food, fuel prices are rising LONDON/ISTANBUL/CAIRO, May 17 (Reuters) – Like millions of people in developing and emerging countries around … Read more

The US labor market continues to tighten; moderate increases in producer prices

An ‘Apply Now’ sign sits outside the new Faccia Brutta Bar Pallino seeking to hire employees on Newbury Street in Boston, Massachusetts, U.S., April 27, 2022. REUTERS/Brian Snyder Join now for FREE unlimited access to Register Weekly jobless claims rise by 1,000 to 203,000 Continuing claims drop 44,000 to 1.343 million Producer prices increase … Read more

CPI, PPI: markets watch for signs of a spike in inflation in the United States

NEW YORK, May 10 (Reuters) – In the wake of an increasingly hawkish Federal Reserve hike in interest rates by 50 basis points, markets turned sharply ahead of this week’s U.S. economic data, which will be closely monitored for signs of inflation. I speak. Price growth soared to its highest level since the early 1980s … Read more

Dollar Rising in Choppy Trade as Inflation Data Watched

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Register NEW YORK, May 10 (Reuters) – The dollar rose on Tuesday, after fluctuating between modest gains and declines earlier in the session as it held on to a nearly two-decade high ahead … Read more

Japan will take time to phase out Russian oil imports, says PM Kishida

Japanese Prime Minister Fumio Kishida delivers a speech at the Guildhall in London, Britain May 5, 2022. REUTERS/Peter Nicholls Join now for FREE unlimited access to Register TOKYO, May 9 (Reuters) – Japan will be slow to phase out Russian oil imports after agreeing a ban with other Group of Seven (G7) countries to … Read more

Soaring dollar leaves traces of destruction

U.S. dollar banknotes are seen in this November 7, 2016 illustration. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Register LONDON, April 29 (Reuters) – The dollar’s run to two-decade highs leaves a trail of destruction behind, fueling inflation elsewhere and tightening financial conditions just as the global economy grapples. the prospect of … Read more

India’s wheat export boom brings boon to farmers and fiscal relief

Farmers use a combine harvester to dump harvested wheat into a semi-trailer, on a field on the outskirts of Indore in India’s central state of Madhya Pradesh March 22, 2022. REUTERS/Rajendra Jadhav Join now for FREE unlimited access to Register INDORE/SARANGPUR, India, April 29 (Reuters) – For the first season in more than a … Read more

Putin warns West against lightning strikes; Sanctions hit the Russian economy

Putin warns of retaliation if West interferes Ukraine says Europe should stop depending on Russia France to host European energy ministers on May 2 Russia denies energy blackmail Canada declares Russian attacks war crimes WARSAW/SOFIA/KYIV, April 28 (Reuters) – Russian President Vladimir Putin has warned of lightning-fast retaliation if countries interfere in Ukraine, with European … Read more

Gazprom announces the end of deliveries to Poland and Bulgaria

Poland’s gas supply resumes; not a word about Bulgaria Ukraine accuses Russia of blackmailing Europe Germany sends tanks to Ukraine Britain says Ukraine controls most of its airspace WARSAW/SOFIA/KYIV, April 27 (Reuters) – Russian energy giant Gazprom (GAZP.MM) said on Wednesday it had cut off gas supplies to Bulgaria and Poland for failing to pay … Read more