Shares recoil from 13-mth high, Turkey’s lira hits record low
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023....
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UK has limited room for pre-election tax cuts, OECD says
LONDON, June 7 (Reuters) - The government of British Prime Minister Rishi Sunak has little room to cut taxes ahead...
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...
Euro zone consumers more hopeful on inflation
A shopper pays with a five Euro bank note to buy eggs at a local market in Nice, France, April...
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...
Czech government will try to meet 2023 budget deficit target, PM says
PRAGUE, June 4 (Reuters) - The Czech government will try to meet its 2023 budget deficit target of 295 billion...
S&P spares France from rating downgrade
PARIS, June 2 (Reuters) - Ratings agency S&P spared France on Friday the embarrassment of downgrading the country's sovereign debt,...
Analysis: Risk of US downgrade still on the cards despite debt deal
House Speaker Kevin McCarthy (R-CA) sits for debt limit talks with U.S. President Joe Biden in the Oval Office at the White House in Washington, U.S., May 22, 2023. REUTERS/Leah Millis/File PhotoNEW YORK, June 2 (Reuters) - While a U.S. default on its debt has been averted, the possibility of another credit rating downgrade remains, as 11th-hour debt ceiling negotiations have become an almost regular feature in recent U.S. history.The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling,...
Hungary central-bank chief sees chance for euro adoption only after 2030
BUDAPEST, June 2 (Reuters) - Hungary should not consider adopting the euro before 2030 as joining the single currency zone...
Analysis: Germany leads big bond rally as inflation finally heads down
Germany leads biggest bond rally since mid-MarchFalling inflation and weakening economy send yields tumblingInvestors eye end of ECB hikes but...
