Analysis: Investors call ‘peak pessimism’ for beaten-up UK stocks
Investors see improvements for UK consumer economyInflation has claimed retail scalps, but easingUK stocks still hobbled by weak interest at...
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Goldman Sachs CEO says US economic outlook uncertain despite soft landing prospects
A man counts U.S. dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. Picture taken March 18, 2022. REUTERS/Mohamed Azakir Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - Goldman Sachs (GS.N) CEO David Solomon said the U.S. economy is likely to avoid a significant recession, but warned that inflation will likely be more persistent than market participants currently expect."The chance of having a relatively soft landing and navigating through this has gone up very meaningfully over the last 12 months," Solomon told Reuters in an interview on...
ECB’s crucial 2024 projection to put inflation above 3%, source says
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
World stocks flag as dollar ups its game, UK data knocks pound
A huge electric stock quotation board is seen inside a building in Tokyo, Japan, December 30, 2022. REUTERS/Issei Kato Acquire...
Rupee to see some relief on pullback in US yields, dollar index
An attendant at a fuel station arranges Indian rupee notes in Kolkata, India, August 16, 2018. REUTERS/Rupak De Chowdhuri/File Photo...
Dollar heads toward longest weekly winning streak since 2014, yuan plumbs 2007 low
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsSINGAPORE, Sept 8...
ECB to pause hiking rates on Sept 14; economists split on one more: Reuters poll
A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023....
Dollar firmer on solid US data; China’s yuan tumbles to 16-year low
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June...
Sterling stays at three-month low as traders temper rate hike bets
A bank employee counts pound notes at Kasikornbank in Bangkok, Thailand, October 12, 2010. REUTERS/Sukree Sukplang/File Photo Acquire Licensing RightsLONDON,...
Oil settles up on expectations of U.S. crude draws and tight supply
NEW YORK, Sept 6 (Reuters) - Oil prices settled higher on Wednesday, reversing early declines as traders anticipated further draws on U.S. crude oil inventory following extended production cuts in Saudi Arabia and Russia.Brent crude futures settled up 56 cents to $90.60 a barrel while U.S. West Texas Intermediate crude (WTI) futures settled up 85 cents to $87.54. Both benchmarks rose by $1 and then pared gains."We have pretty low crude supplies in the U.S., with several weeks of big crude oil draws pushing prices up," said Bob Yawger, director...