FACTBOX Global investment banks rush to cut yuan forecasts
SHANGHAI, June 14 (Reuters) - Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened...
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Dollar retreats ahead of US inflation data, yuan weakens on short-term rate cut
SINGAPORE, June 13 (Reuters) - The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors...
US dollar inches higher ahead of inflation data, Fed rate decision
Fed seen pausing rate hike this weekECB expected to raise rates in June, JulyBOJ seen keeping ultra-easy policy stanceNEW YORK,...
Asia shares meander ahead of c.bank meetings
MSCI Asia ex-Japan touches highest since April 21Fed expected to skip rate hike this weekOil slides over 1% over China...
Bank of England’s Mann sees case for UK carbon tax
LONDON, June 12 (Reuters) - Britain and other rich nations should consider a carbon tax as the most efficient way...
Dollar gains before Fed meeting, inflation data
NEW YORK, June 9 (Reuters) - The dollar bounced off two-week lows on Friday as investors awaited inflation data and...
ECB to hike rates in June and July to break sticky inflation, Reuters poll shows
Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationBENGALURU, June 8 (Reuters) - The European Central...
European shares slip as central-bank meetings loom, Croda falls on profit warning
Croda profit warning weighs on other chemical firmsAll eyes on Fed, ECB policy meetings next weekSTOXX off 0.2%, ends week 0.5% downJune 9 (Reuters) - European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines ahead of crucial updates from the U.S. Fed and European Central Bank (ECB), while Croda slid on a tepid profit outlook.The pan-European STOXX 600 index (.STOXX) closed 0.2% down and ended the week 0.5% lower.Investors feared that the Fed could opt for a hawkish stance in its meeting...
U.S. equity funds post biggest weekly outflow in 10 weeks
June 9 (Reuters) - U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to...
Oil prices partially recover after US, Iran deny reported nuclear deal
White House rebuts reports of Iran oil dealFed expected to keep interest rates on hold in JuneU.S. crude stocks fall, gasoline inventories riseJune 8 (Reuters) - Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal.Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for Tehran reducing uranium enrichment.A spokesperson for the White House National Security Council called the...