US trade deficit widens to 6-month high, expected to dent economic growth
Trade deficit increases 23.0% in AprilGoods imports rise 2.0%; exports tumble 5.3%WASHINGTON, June 7 (Reuters) - The U.S. trade deficit...
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Dollar shaky as traders ponder Fed, global monetary policy outlooks
SINGAPORE, June 7 (Reuters) - The dollar wobbled on Wednesday as expectations of a rate hike by the Federal Reserve...
Morning Bid: China disappoints again, fanning speculation on stimulus
An aerial view shows cars for export at a port in Yantai, Shandong province, China May 3, 2023. China Daily...
High inflation and recession risk – the Bank of England’s dilemma
LONDON, June 6 (Reuters) - The Bank of England is trying to curb an inflation rate that is running higher...
Analysis: Debt deal welcomed by investors, though risks loom
May 28 (Reuters) - Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers strive to pass the agreement through Congress before a June 5 deadline.A deal to lift the $31.4 trillion debt limit announced by the White House and House Republicans late Saturday would avert a catastrophic U.S. default and boost overall appetite for risk, while also buoying some of the sectors that have been left behind in this year’s tech-led rally, such as cyclical stocks and...
Morning Bid: Relief rally eyed on US debt ceiling deal
May 29 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever.Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default.Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves.If so, they are likely to be outsized...
Global money market funds attract heavy inflows as US debt ceiling looms
May 26 (Reuters) - Global money market funds drew inflows for a fifth straight week in the seven days to...
Morning Bid: Fed hawks re-emerge, dollar pumped
A look at the day ahead in U.S. and global markets from Mike DolanAmid all the hand-wringing over the debt...
Morning Bid: Debt ceiling drama aside, world economy looks shaky
A look at the day ahead in U.S. and global markets from Naomi RovnickRisk appetite has perked up on global...
Stocks Climb UK GDP’s Wall of Worry | Insights
Why the UK’s middling growth hasn’t stopped stocks. The UK’s Office for National Statistics (ONS) published its first estimate for...
