S.African Reserve Bank to kick off easing cycle early next year -economists
A view shows the logo of South Africa's central reserve bank, at the reserve bank offices in Pretoria, South Africa,...
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Higher British mortgage rates squeeze housing affordability: Halifax
People walk past a row of colourful houses in London, Britain, March 19, 2023. REUTERS/Henry Nicholls/File Photo Acquire Licensing RightsLONDON,...
Stocks, yields rise as traders balance China, oil supply
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 18, 2023. REUTERS/Staff/File...
Dollar gains intact as China disappoints, traders eye Jackson Hole
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsChina cuts 1yr...
Wall St Week Ahead Less cash, fewer bears could leave U.S. stocks vulnerable
NEW YORK, Aug 18 (Reuters) - Several indicators that pointed to upside for U.S. stocks this year have shifted to...
Bond rout keeps stocks under water, China woes give dollar a lift
U.S. bonds steadier after sell offDollar set for fifth winning week, bitcoin fallsInvestors wait for Fed steer from Jackson HoleAsian...
Sterling edges lower after soggy retail sales data
UK pound coins plunge into water coloured with the European Union flag colours in this illustration picture, October 26, 2017....
Bitcoin drops to new two-month low as world markets sell off
A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Aug 18 (Reuters) - Top cryptocurrency bitcoin hit a fresh two-month low on Friday, breaking out of its recent tight range as a wave of risk averse sentiment swept through world markets.On Thursday, bitcoin fell 7.2% in its biggest one-day drop since November 2022 when top exchange FTX collapsed.It then slipped to a two-month low of $26,172 during Asian trading hours on Friday, its lowest since...
Evergrande seeks US court nod for $32 billion debt overhaul as China economic fears mount
Evergrande seeks protection from creditors as part of debt restructuringEvergrande to meet creditors later this month for restructuringFinancial markets hit...
Norway central bank raises rate to 4.0%, eyes September hike
People go about their day near Norway's central bank building in Oslo, Norway May 31, 2017. REUTERS/Ints Kalnins/File Photo Acquire Licensing RightsARENDAL, Norway, Aug 17 (Reuters) - Norway's central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September.Thursday's hike had been expected by all 31 economists polled by Reuters, and a majority of poll participants predicted the rate would hit a peak of 4.25% by the end of...