Euro sinks to a fresh two-month low on cooling inflation
Global equities and U.S. Treasury yields were lower on Wednesday as risk-off sentiment dominated markets, with investors focused on a vote in Congress on raising the U.S. debt ceiling.
2023-06-01
Oil slides 4% on worries about U.S. debt ceiling
European stocks and the U.S. dollar fell on Tuesday as relief that the U.S. government had averted a possible default gave way to concern that the deal could face a rocky path through Congress.
2023-05-31
Dollar nudges lower as U.S. debt ceiling deal boosts confidence
European stock indexes edged lower on Monday and euro zone bond yields dropped, but news that the U.S. had reached a debt ceiling deal over the weekend kept Wall Street futures positive.
2023-05-30
Yen weakens past 140 as US debt talks loom large
Wall Street's main indexes rose and European shares logged their largest one-day gain in two months on Friday as talks on raising the U.S. debt ceiling progressed.
2023-05-29
Oil slumps as Russia downplays additional output cuts
Progress on U.S. debt ceiling talks bolstered global equities and sent gold prices to a two-month low on Thursday. Treasury yields were up and the U.S. dollar climbed to its highest level since mid-March.
2023-05-26
Oil price gains 2%, kiwi tumbles
World stocks dropped on Wednesday as U.S. debt ceiling talks dragged on without resolution, stoking a general malaise in markets that saw the dollar hold around recent highs, dragging gold lower.
2023-05-25
Oil rises even as optimism recedes
Global equities retreated and benchmark U.S. Treasury yields eased off two-month highs on Tuesday as talks over the U.S. debt ceiling continued without resolution.
2023-05-24
Oil prices rise on outlook for tighter supply
Wall Street shares were mixed and European stocks finished little-changed as talks in Washington resumed to avert a U.S. default, while gold prices retreated under pressure from hawkish remarks by Fed officials.
2023-05-23
Dollar skids as debt talks stall
U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold. Oil prices fell on renewed fuel demand.
2023-05-22
Strong U.S. data boosts dollar
U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as strong economic data calmed recession fears and dampened hopes the Federal Reserve would cut interest rates before year-end.
2023-05-19
Oil settles up 2% on more positive signs
Wall Street rallied to a higher close on Wednesday and the dollar touched a six-week high as regional banks surged and negotiations in Washington over raising the debt ceiling progressed.
2023-05-18
U.S. dollar benefits from risk aversion
U.S. stocks closed lower on Tuesday and benchmark Treasury yields extended their rise as mixed economic data, weak corporate results and ongoing debt ceiling negotiations in Washington dampened investor risk appetite.
2023-05-17
Debt ceiling optimism boosts market sentiment
U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wrangling and reach a debt ceiling deal.
2023-05-16
U.S. dollar registers biggest weekly rise since February
The dollar rose on Friday but a gauge of global stocks retreated on a report that showed U.S. consumer sentiment slumped to a six-month low in May.
2023-05-15
Oil falls 2% over energy demand concerns
The dollar set a more than one-week high as traders sought safety after a series of economic data prompted a reassessment of their outlook for global monetary policy.
2023-05-12