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...
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S&P 500 ends lower as traders eye potential pause in rate hikes
Palo Alto Networks gains on S&P 500 index inclusionApple hits record high but ends lower after debuting headsetIndexes close: S&P...
Analysis: US hotel developers run out of cash as construction lending dries up
June 5 (Reuters) - Tighter lending standards from regional banks are making it harder for U.S. hotel developers to secure funding, slowing construction of new hotels at a time Americans' appetite for travel is ripe.Hotel developers, private equity firms, and general contractors told Reuters the financial stress on regional banks -- the largest lenders to hotels and other commercial real estate markets -- has forced developers to postpone projects or find other creative ways to raise capital.The hotel industry's predicament highlights the impact on the broader U.S. economy of the...
Dollar bears bide their time as US economic strength persists
NEW YORK, June 5 (Reuters) - A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish...
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...
Dollar sags as Fed bets ebb, debt bill passes; Aussie soars
TOKYO, June 2 (Reuters) - The U.S. dollar wallowed near a one-week low versus major peers on Friday, on course...
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...
US labor market still tight as weekly jobless claims edge up
Weekly jobless claims increase 2,000 to 232,000Continuing claims up 6,000 to 1.795 millionPrivate payrolls rise by 278,000 in MayWASHINGTON, June...
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...
ECB still has ground to cover but policy is working: Lagarde
FRANKFURT, June 1 (Reuters) - Euro zone inflation remains too high, so further European Central Bank policy tightening is necessary,...
