Morning Bid: Second-half lift, Tesla beat
A look at the day ahead in U.S. and global markets from Mike DolanA holiday-staggered week for U.S. markets looks...
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Yellen sees strong job market, lower inflation, even as US economy cools
U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary...
Morning Bid: G4 central bankers speak, chips wars rumble
A look at the day ahead in U.S. and global markets from Mike DolanEyeing another slew of impressive U.S. economic...
Morning Bid: World markets calm after Russia drama
A look at the day ahead in U.S. and global markets from Mike Dolan.More perplexed by events than anything else,...
AMERICAS Dogged central banks rein in risk
A look at the day ahead in U.S. and global markets from Mike DolanEven if investors sense light at the...
Analysis: Despite chaos and risk, Washington sticks with its debt limit
WASHINGTON, June 2 (Reuters) - The latest standoff over the U.S. debt ceiling, resolved just days before the government faced a devastating default, has prompted some to call for the country to ditch its self-imposed borrowing limit.That's not likely to happen any time soon.Though the showdown unnerved investors and prompted threats of a second U.S. debt downgrade in a little over a decade, proposals to abolish the debt ceiling have gained little traction in Congress in recent years.Republicans have shown no interest in abandoning a point of leverage that they...
Dollar stumbles as signs point to Fed skipping June rate hike
June 1 (Reuters) - The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectations the Federal Reserve will likely skip an interest rate hike at its upcoming meeting.The euro recovered from a two-month low on Thursday after European Central Bank (ECB) President Christine Lagarde said further policy tightening was necessary.The dollar index , which measures the currency against a basket of six peers, fell 0.547% at 103.580, off a two-month high of...
Investors relieved after US House votes to suspend debt ceiling; focus turns to Senate
May 31 (Reuters) - Investors gave a muted welcome to the U.S. House of Representatives passing a bill that would...
Dollar eases as deal over US debt ceiling lifts risk appetite
SINGAPORE, May 30 (Reuters) - The U.S. dollar fell on Tuesday against a basket of major currencies but did not...
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...