Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
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Euro zone October PMI at near 3-year low, stirring recession worries
FILE PHOTO: People walk on a shopping street in the southern German town of Konstanz January 17, 2015.REUTERS/Arnd Wiegmann/File Photo...
Barclays hints at big cost cuts even as third-quarter profit pips forecasts
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Oct...
Dollar dips ahead of key US data, bitcoin soars
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsTOKYO, Oct 24...
Stocks mixed as Wall St eyes elevated Treasury yields, earnings
Treasury yields retreat after crossing 5%Global, Wall Street stocks mixed ahead of earningsOil down 2% on continued Middle East turmoilOct 23 (Reuters) - The benchmark U.S. Treasury yield on Monday pulled back after crossing 5% - a 16-year high - but stock indices were mixed and oil slipped amid continued fighting between Israel and Hamas.Higher bond yields and the risk of a wider Mideast conflict soured investor sentiment at the start of a week full of major corporate earnings and key inflation data. A gauge of global equity markets fell...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...
Britain, EU discuss risks, reforms, in inaugural financial services meeting
Flags of the Union Jack and European Union are seen ahead of the meeting of European Commission President Ursula von...
ECB staff won’t get wage catch-up bank predicts for euro zone
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt,...
Frail yen grazes 150 again as anxiety mounts over Middle East
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo...
US banking regulators extend feedback window for contentious capital proposal
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank capital requirements that is already facing fierce industry pushback.The Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency said the comment window for the so-called "Basel...