Morning Bid: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike DolanEyeing another slew of impressive U.S. economic...
archiveAMERS
US banks scramble on research fees as reprieve on European rules runs out
NEW YORK, June 28 (Reuters) - Wall Street banks and brokerages are in a last-minute scramble to meet a July 3 deadline to charge investors for research reports, bankers and others in the industry said, a requirement that threatens their European business if they fail to comply.Bank of America Corp (BAC.N) and Jefferies Financial Group were among the earliest U.S. banks to comply with the rules - but many others have not yet met the standards and are rushing to catch up, they said.Failure to do so could mean losing...
Dollar flat; Aussie slides as inflation slows
SINGAPORE, June 28 (Reuters) - The U.S. dollar was barely changed on Wednesday, with resilient economic data easing investor worries...
EU countries, lawmakers reach data rule deal targeting Big Tech
BRUSSELS, June 27 (Reuters) - EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech...
U.S. debt investors as climate-focused as European peers, survey finds
LONDON, June 27 (Reuters) - U.S. asset managers factor greenhouse gas emissions and other climate risks into their debt investment...
US consumer confidence races to 17-month high; housing market regaining strength
Consumer confidence index increases to 109.7 in June from 102.5Core capital goods orders rise 0.7% in May; shipments up 0.2%New...
UK banks are appropriate airbag for mortgage crash
LONDON, June 27 (Reuters Breakingviews) - Banks are getting dragged back into the political spotlight. UK finance minister Jeremy Hunt...
Dollar holds firm ahead of US durable goods, housing data
TOKYO, June 27 (Reuters) - The U.S. dollar held firm against major currencies on Tuesday as tension simmered in Russia and traders looked ahead to U.S. data that may determine the timing of further interest rate hikes.Russian President Vladimir Putin said on Monday he let an aborted mutiny go on as long as it did to avoid bloodshed, a crisis that pushed the dollar to a 15-month high against the rouble.The dollar index fell 0.22% to 102.510, paring a 0.46% gain on Monday.The Russian rouble weakened 0.41% versus the dollar...
Heathcare stocks weigh on STOXX 600, defence stocks slide
STOXX 600 off 0.1%Defence firms fall after failed Russian mutinyHealthcare sector drags STOXX 600German business morale weakens againJune 26 (Reuters)...
EU to set out legal underpinnings for a digital euro
LONDON, June 26 (Reuters) - The European Union is due on Wednesday to publish draft rules that give legal underpinnings...
