Shares, bond prices fall as U.S. data sparks rate hike fears
Strong ISM services data for November rattles investorsData supports further Federal Reserve rate hikesAll S&P 500 sectors decline, energy stocks...
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Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
BUDAPEST, Dec 5 (Reuters) - Hungary's inflation could be between 15% and 18% next year, the National Bank of Hungary's...
U.S. labor market shrugs off recession fears; keeps Fed on tightening path
Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
C$ dips against greenback; falls harder vs other G10 currencies
Canadian dollar weakens 0.2% against the greenbackCanadian manufacturing PMI rises to 49.6 in NovemberInvestors cut Bank of Canada rate hike...
Sterling set for third straight weekly gain, but vulnerable
Nov 25 (Reuters) - Sterling was slightly lower on Friday but still set for its third consecutive weekly gain against...
U.S. weekly jobless claims at 3-month high; equipment spending resilient
Weekly jobless claims increase 17,000 to 240,000Continuing claims rise 48,000 to 1.551 millionCore capital goods orders rebound 0.7% in OctoberShipments...
Bundesbank warns banks against ‘careless’ payout pledges as economy cools
Wuermeling says banks should not tie their handsSees German banks maintaining capital ratiosFRANKFURT, Nov 23 (Reuters) - German banks should...
Morning Bid: Wild oil ride amid China and crypto woe
A look at the day ahead in U.S. and global markets from Mike Dolan.Turbulence in oil, China's COVID crunch and...
Spain to approve mortgage support for more than 1 mln households
Measures support vulnerable families at 25,200 euros income thresholdThreshold for middle-class clients set at 29,400 eurosMeasures include extending loan repayments...
UK faces record hit to living standards as tax hikes loom
Britain facing record living standards hitUK economy in recession, set to shrink in 2024Almost half of 55 billion-pound belt-tightening from...
