Markets are ready for end of rate hiking cycle
Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Fed's expected interest rate hike and as markets awaited a stream of quarterly results from corporate heavyweights.
2023-07-26
Oil rallies for fourth straight week on rising tension in Europe
Global share markets edged lower on Friday as most U.S. megacap stocks slipped, while the dollar soared against the yen after Reuters reported the BOJ is leaning toward keeping its dovish monetary policy next week.
2023-07-24
The Fed's July meeting
The Fed will raise its benchmark overnight interest rate by 25 basis points to the 5.25%-5.50% range on July 26, according to all 106 economists polled by Reuters, with a majority still saying that will be the last increase of the current tightening cycle.
2023-07-21
Stocks and dollar gain on cooling U.K. inflation
Global stocks rose and the dollar strengthened on Wednesday after a surprise cooling of British inflation rippled across markets that anticipates the Fed next week will hike interest rates for the last time.
2023-07-20
Dollar bounces from 15-month low on upbeat data
The dollar rebounded off a 15-month low and global stock markets rose on Tuesday as upbeat earnings on Wall Street and retail sales pointing to a resilient U.S. economy sealed expectations that the Federal Reserve will hike interest rates next week.
2023-07-19
U.S. stocks rise on earnings outlook
U.S. stocks rose on Monday on expectations corporate earnings will exceed forecasts, but global shares and the dollar traded little changed after data showed the Chinese economy grew slower than anticipated.
2023-07-18
Oil slips as supply concerns ease
Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data unleashed a wave of investor optimism that the Fed was nearing the end of its rate-hiking cycle.
2023-07-17
Dollar continues to ease on US disinflation signs
U.S. stocks extended recent gains to end higher on Thursday, with the Nasdaq rising more than 1% for a second straight day, as data showed the annual increase in U.S. producer inflation was the smallest in nearly three years.
2023-07-14
Dollar stumbles on inflation cheer
Wall Street stocks advanced on Wednesday and the dollar and Treasury yields fell after new U.S. inflation data showed a slowdown in the seemingly relentless rise of consumer prices.
2023-07-13
Sterling scales 15-month peaks on rising wage costs
Global shares rose on Tuesday, a day ahead of U.S. inflation data that could warrant a quicker end to Fed rate hikes, while the prospect of China propping up growth helped to lift oil and other commodities.
2023-07-12
Dollar drops to three-week low ahead of inflation data
Wall Street stocks rose slightly on Monday, while the dollar dipped, as investors digested Chinese economic data and looked ahead to a key U.S. inflation report and corporate earnings.
2023-07-11
US CPI YoY June
After the June jobs report showed a cooling but still-hot picture of the labour market, investors are looking to a key inflation report due Wednesday for more clues on the economy’s health.
2023-07-10
Oil prices up 3% to 9-week high on supply concerns
MSCI's global equity index ended Friday's session virtually unchanged while the dollar was lower as government data showed that U.S. jobs growth slowed more than expected in June, easing worries about the outlook for Fed rate hikes.
2023-07-10
Stocks sink as jobs data fuels rate hike fears
MSCI's global index of stocks fell on Thursday while Treasury yields rose as a surge in U.S. private payrolls prompted concerns that interest rates would stay higher for longer.
2023-07-07
US crude oil gains on supply cuts
MSCI's global equities index lost ground on Wednesday after weaker-than-expected overseas data as investors awaited upcoming U.S. inflation readings.
2023-07-06
