S&P 500 ends lower as Microsoft recedes from record high
Microsoft weighs on S&P 500 and NasdaqAdobe climbs after upbeat earnings forecastNasdaq logs longest weekly winning streak since March 2019Indexes...
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U.S. Treasury found no currency manipulation in 2022, downgrades Swiss scrutiny
WASHINGTON, June 16 (Reuters) - The U.S. Treasury on Friday said it found that no major U.S. trading partners had...
Terminal rate bets help lift Canadian dollar to 9-month high
Canadian dollar rises 0.2%Touches its strongest since September at 1.3189Price of U.S. oil increases 0.4%Canadian yields rise across curveTORONTO, June...
Vladimir Putin delivers keynote address at St Petersburg forum
MOSCOW, June 16 (Reuters) - President Vladimir Putin is delivering the keynote address at Russia's showcase St Petersburg International Economic...
U.S. equity funds register biggest weekly inflow in 28 months
June 16 (Reuters) - U.S. equity funds saw their most substantial weekly net purchases since early 2021 during the seven...
Morning Bid: US Stocks fight the Fed as markets still not listening
LONDON, June 16 (Reuters) - If you looked at red-hot stock markets without following central banks, you could well assume...
Yen slips after BOJ stands pat, soft data dents dollar
SINGAPORE, June 16 (Reuters) - The yen lost some ground after the Bank of Japan on Friday maintained ultra-low interest...
BlackRock files for bitcoin ETF in push into crypto
A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange...
Small funds eyeing big gains pile on Venezuela debt
Vendors prepare products at a store painted with Venezuelan and U.S. flags in Maracaibo September 12, 2008. REUTERS/Isaac Urrutia/File PhotoCARACAS/MADRID/NEW YORK, June 15 (Reuters) - Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to a looming expiry of repayment rights, investors and four financial sector sources said.Many of the bonds are trading at pennies on the dollar after a default in 2017, compounded by 2018 sanctions from Washington that barred...
Pound treads water against dollar, dips versus euro as ECB hikes rates
LONDON, June 15 (Reuters) - Sterling struggled to make headway against the dollar and eased against the euro on Thursday after the European Central Bank raised interest rates to their highest level in more than two decades.At 1300 GMT, sterling was stuck at $1.2661 , but had surrendered earlier gains against the euro, which was up 0.22% at 85.74 pence .The ECB said it expected inflation to hover above its 2% target rate through to 2025 and hinted at more interest rate hikes, even as the euro zone economy lags.The...