European shares slide, oil recovers, merchants await US jobs information

LONDON, August 5 (Reuters) – European stocks fell slightly on Friday but are still set for weekly gains, while traders await US jobs data late in the session to provide clues to the health of the world’s largest economy. The MSCI World Stock Index, which tracks stocks in 47 countries, was up 0.2% and is … Read more

Greenback jumps in opposition to yen as Fed officers trace extra price hikes to come back

NEW YORK, Aug. 2 (Reuters) – The dollar strengthened against the Japanese yen on Tuesday as remarks by U.S. Federal Reserve officials hinted that more rate hikes are imminent in the coming weeks. next time. A trio of Fed officials from across policy suggested Tuesday that they and their colleagues remain firm and united in … Read more

Asian shares slide with US yields on Pelosi jitters; Aussie drops

A man wearing a face mask, amid the coronavirus disease (COVID-19) pandemic, walks past a screen showing the Shanghai Composite, Nikkei and Dow Jones Industrial Average outside a company brokerage in Tokyo, Japan, February 14, 2022. REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Register TOKYO, Aug 2 (Reuters) – … Read more

Shenzhen promotes China’s driverless automotive dream

SHENZHEN, China, August 1 (Reuters) – On a busy street in the city center, three delivery bikes suddenly swerved across the pedestrian crossing in front of cars. On a car’s dashboard, they look like little 3D blue blocks from a 1990s video game. The steering wheel shifts by itself and the car comes to a … Read more

World shares have finest month since late 2020, greenback slips

The MSCI World Index rose 0.3%; nearly 6% in the month The dollar fell 0.5% against a basket of major peers Markets bet US slowdown to rein in rate tightening LONDON/SINGAPORE, JULY 29 (Reuters) – Global stocks rose on Friday, their best month of course since late 2020 as traders bet a weakening US economy … Read more

How China turned the zero level for the automotive chip scarcity

TAIPEI/SHANGHAI/SINGAPORE, July 19 (Reuters) – From his small office in Singapore, Kelvin Pang is ready to bet his $23 million payday that the worst chip shortages are not over yet for automakers – at least in China. Pang bought 62,000 microcontrollers, the chips that help control a range of functions from a car’s engine and … Read more

Shares supply rebound, hampered by weakening world financial system

China’s economy slows down in Q2 US Yields, Dollar Drop Again After Fed Officials Comments European markets firmer, ahead of political crisis in Italy LONDON, July 15 (Reuters) – World stocks managed to push higher on Friday after four days of losses on growing fears of a recession, although growth concerns were dispelled by The … Read more

Shares slide forward of US inflation information, earnings hurdles

People walk past an electronic screen showing Japan’s Nikkei stock price index inside a hall in Tokyo, Japan June 14, 2022. REUTERS / Issei Kato Sign up now for FREE unlimited access to Register European shares fall 1.3%, S&P 500 futures drop 0.8% Dollar tops 137 yen ahead of US CPI, inflation expectations Banks … Read more

Euro falls to two-decade low as recession fears develop

Euro falls to lowest level since late 2002 Dollar rises on safe-haven demand Yen sinks to near 24-year low again NEW YORK/LONDON, July 5 (Reuters) – The euro fell to a two-decade low on Tuesday as the latest rise in European gas prices added to worries about a regional recession, while safe-haven demand for US … Read more

Shares largely slide, yields drop barely after Powell’s inflation feedback

S&P 500 drops slightly early Powell: Clock is ‘running’ for Fed on inflation reduction US Dollar is higher NEW YORK, June 29 (Reuters) – Stocks across global indexes mostly fell and bond yields fell on Wednesday as investors weighed comments by the Federal Reserve Chairman. Jerome Powell, who said there is a risk that the … Read more