Asian stocks lose gains made on shorter Chinese quarantine as recession fears linger

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic chart displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, on 7 March 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register TOKYO, June 29 (Reuters) – Asian stock markets fell on Wednesday, extending Wall … Read more

Dollar retreats as markets rethink Fed rate bets, eye ECB hikes

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register US rate hike bets reduce aggressive Fed tightening path Investors watch the annual ECB forum in Sintra Markets on the lookout for Eurozone price data later in the week WASHINGTON, June 27 … Read more

Stocks Extend Bear Market Rebound as Inflation Anxiety Eases

MILAN/TOKYO, June 27 (Reuters) – Global stocks extended their rebound on Monday, building on Wall Street’s strong close on Friday, as off-peak oil prices helped improve sentiment and temper fears of prolonged inflation. Strong morning gains in Europe and a rally in Asian markets after China further eased COVID-19 restrictions lifted MSCI’s benchmark index for … Read more

Read market tea leaves for global recession risks

A Wall Street sign in front of the New York Stock Exchange in New York, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri//File Photo Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The fastest rate hike cycle in decades and inflation near double digits have prompted investors to scan … Read more

Breakingviews: Germany’s gas action plan fires its shots

Pressure gauges are seen at Zsana’s storage site in Zsana, Hungary, May 20, 2022. REUTERS/Bernadett Szabo Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters Breakingviews) – Germany is facing a sudden acceleration of its gas crisis. A 60% drop in Russian supplies since early June threatens to plunge Europe’s largest … Read more

Wall St rallies as traders recall bets on rate hike

Traders work on the floor of the New York Stock Exchange (NYSE) in Manhattan, New York, U.S., May 20, 2022. REUTERS/Andrew Kelly/File Photo Join now for FREE unlimited access to Reuters.com Register US stock indexes predict first weekly gain in four Banking stocks mixed after Fed stress test results Indices up: Dow 1.05%, S&P 1.35%, … Read more

Dollar stumbles as markets rethink interest rate path

U.S. dollar banknotes are displayed in this illustration taken February 14, 2022. REUTERS/Dado Ruvic Join now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters) – The U.S. dollar fell on Friday and was heading for its first weekly decline this month as traders cut bets on where interest rates could peak and … Read more

Oil prices climb on market caution amid tight supply

Models of oil barrels and a pump jack are shown in front of a rising stock chart and “$100” in this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register Brent rises as high as $116/barrel on Tuesday US inventory data delayed a day this week SINGAPORE, June … Read more

China’s May oil imports from Russia hit a record high and overtake major Saudi supplier

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register Russia overtakes Saudi Arabia as top supplier after 19-month gap Russia imports nearly 2 million bpd in May Imports from Malaysia more than doubled in … Read more

Asian stocks fall, without dodging the risks of recession

People walk past an electronic screen showing Japan’s Nikkei stock price index inside a conference room in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register Asian scholarships: S&P futures lose first gains, Nikkei slips more than 1% Fed chairman expected to give hawkish testimony this week Euro … Read more