Sterling edges up as grim data not as bad as euro zone survey
UK pound coins plunge into water in this illustration picture, October 26, 2017. Picture taken October 26, 2017. REUTERS/Dado Ruvic/Illustration/File...
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Barclays hints at big cost cuts even as third-quarter profit pips forecasts
A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsLONDON, Oct...
Dollar dips ahead of key US data, bitcoin soars
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsTOKYO, Oct 24...
Stocks mixed as Wall St eyes elevated Treasury yields, earnings
Treasury yields retreat after crossing 5%Global, Wall Street stocks mixed ahead of earningsOil down 2% on continued Middle East turmoilOct 23 (Reuters) - The benchmark U.S. Treasury yield on Monday pulled back after crossing 5% - a 16-year high - but stock indices were mixed and oil slipped amid continued fighting between Israel and Hamas.Higher bond yields and the risk of a wider Mideast conflict soured investor sentiment at the start of a week full of major corporate earnings and key inflation data. A gauge of global equity markets fell...
Gold rally cools as traders eye MidEast developments, US data
Markets await US PCE price index, Q3 GDP data this weekPalladium up 3%Oct 23 (Reuters) - Safe-haven gold eased on Monday, hitting pause after jumping to within striking distance of the key $2,000 level in the last session, as traders positioned for further developments on the Middle East conflict and U.S. economic data.Spot gold fell 0.3% to $1,976.19 per ounce by 1:41 p.m. ET (1741 GMT). U.S. gold futures settled 0.3% lower at $1,987.80.Reuters Graphics"Safe-haven demand will continue to drive gold higher after a slight period of consolidation. We believe...
ECB staff won’t get wage catch-up bank predicts for euro zone
A view shows the placards of the political parties in front of the European Central Bank (ECB) building in Frankfurt,...
Chevron to buy Hess Corp for $53 billion in all-stock deal
Men work on an electric drilling operating at a Chevron site in Kersey, Colorado, U.S. October 6, 2022. REUTERS/Liz Hampton/File...
Frail yen grazes 150 again as anxiety mounts over Middle East
Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration/File Photo...
Argentina, Brazil seek 12.5 billion euros of financial aid in EU-Mercosur talks
European Union flags fly outside the EU Commission headquarters in Brussels, Belgium September 19, 2019. REUTERS/Yves Herman/File Photo Acquire Licensing RightsMADRID/BRASILIA, Oct 20 (Reuters) - Argentina and Brazil are requesting 12.5 billion euros ($13.2 billion) in financial aid from the European Union in talks to conclude a trade agreement with South America's Mercosur bloc, according to a document seen by Reuters.Three EU and South American diplomats confirmed the Argentine request, which is backed by Brazil, in the rotating presidency of the four-nation Mercosur.Argentina and Brazil have also pushed to exclude...
US banking regulators extend feedback window for contentious capital proposal
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A trio of U.S. banking regulators announced on Friday they were giving the public extra time to digest and provide feedback on a broad proposal to raise bank capital requirements that is already facing fierce industry pushback.The Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency said the comment window for the so-called "Basel...