Crypto insurer Evertas authorized to offer largest single crypto insurance policy
NEW YORK, June 2 (Reuters) - London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit...
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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,...
Morning Bid: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin BucklandIt's a volatile time for central bank...
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...
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...
In the Market: Amid the calm, the Fed brews the next storm
May 29 (Reuters) - Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as...
Morning Bid: Relief rally eyed on US debt ceiling deal
May 29 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever.Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of a catastrophic default.Trading and market liquidity in Asia will be lighter than usual, however, with U.S. and UK markets closed for holidays, opening up the potential for outsized market moves.If so, they are likely to be outsized...
Turkish lira slips as Erdogan claims victory
A U.S. one dollar banknote is seen next to Turkish lira banknotes in this illustration taken in Istanbul, Turkey November...
