BankingMorning Bid: Inflation ‘blip’ or brave new world?March 3, 2023130A look at the day ahead in U.S. and global markets from Mike DolanThere was a sense of hesitation in...
EconomyMorning Bid: EU inflation risks loom large for marketsMarch 2, 2023130March 2 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.Asian markets had...
CurrenciesDollar squeezed as inflation drives up euroMarch 2, 2023221SINGAPORE, March 2 (Reuters) - The dollar nursed losses on Thursday as optimism about China's reopening was supported by encouraging...
CurrenciesUS manufacturing sector still shrinking; raw material prices reboundMarch 1, 2023161Manufacturing activity contracts for fourth straight monthNew orders improve, but still remain lowMeasure of prices paid by factories for inputs...
CurrenciesUS consumer confidence retreats, house price inflation cools furtherFebruary 28, 2023272Consumer confidence index falls to 102.9 in FebruaryLabor market differential rises to 41.5 from 37Annual house price growth slows further...
EconomyBoom, bust or a bit of both: US, global economies are a confounding mixFebruary 27, 2023189WASHINGTON, Feb 27 (Reuters) - Dana Peterson, the chief economist at the Conference Board, sees a clear conclusion in the...
EconomyU.S. consumer spending posts biggest gain in nearly two years; inflation picks upFebruary 24, 2023263Consumer spending increases 1.8% in JanuaryIncome climbs 0.6%; wages jump 0.9%Core PCE price index rises 0.6%; up 4.7% year-on-yearWASHINGTON, Feb...
CurrenciesU.S. labor market resilient; inflation hotter in fourth quarterFebruary 23, 2023171Weekly jobless claims fall 3,000 to 192,000Continuing claims drop 37,000 to 1.654 millionFourth-quarter GDP growth lowered to 2.7% from 2.9%Inflation...
FinanceMorning Bid: Blue chips cheered upFebruary 23, 2023168A look at the day ahead in U.S. and global markets from Mike DolanFor markets increasingly wary of the inflation...
CurrenciesDollar firms as investors brace for higher-for-longer rates scenarioFebruary 23, 2023165SINGAPORE, Feb 23 (Reuters) - The dollar stood near a seven-week high against the euro and the Aussie on Thursday,...