Shares of US banks drop after S&P downgrades some ratings
The S&P Global logo is displayed on its offices in the financial district in New York City, U.S., December 13,...
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ECB to raise objections to Italy’s windfall tax on banks – press
The building of the European Central Bank (ECB) is seen amid a fog before the monthly news conference following the...
Factbox: European countries differ over windfall taxes on banks
The headquarters of Germany's Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo Acquire Licensing RightsAug...
China’s sliding yuan could be next ‘black swan event’ for markets, hedge fund EDL says
Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire...
Norway central bank raises rate to 4.0%, eyes September hike
People go about their day near Norway's central bank building in Oslo, Norway May 31, 2017. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsARENDAL, Norway, Aug 17 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September.Thursday's hike had been expected by all 31 economists polled by Reuters, and a majority of poll participants predicted the rate would hit a peak of 4.25% by the end of...
China’s state banks seen selling dollars for yuan in London and New York hours
Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Exclusive: Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
Bridgewater's Pure Alpha most bearish on developed market bondsAlso bearish about the U.S. dollar, metals and stocksEuro, Singapore dollar were...
Wall St ends lower; strong retail sales stoke interest rate worries
July retail sales rise more than expectedNvidia gains as UBS, Wells Fargo raise PTU.S. big banks fall as a report...
Dollar falls after stronger-than-expected retail sales data, yuan falls to 9-month low
Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/IllustrationWASHINGTON/LONDON, Aug 15 (Reuters) - The dollar index was lower after data showed U.S. retail sales increased more than expected in July, while the yuan sank to a nine-month trough on Tuesday after China's central bank unexpectedly cut key policy rates.U.S. retail sales jumped 0.7% last month, the Commerce Department said, demonstrating that demand has remained resilient despite the Federal Reserve's aggressive interest rate hikes to tame inflation, thanks to strong wage gains from...
Russian central bank jacks up rates to 12% to support battered rouble
Russian central bank hikes rates by 350 bp to 12%Bank holds extraordinary meeting after Kremlin rebukeRouble had plunged past 100...
