The U.S. dollar slipped against a basket of currencies on Tuesday, as investors evaluated how much of the Federal Reserve's expected move to hike rates this week and beyond was already priced in.
The U.S. dollar fell against a basket of currencies on Tuesday, as investors evaluated how much of the Federal Reserve's expected move to hike rates this week and beyond was already priced in.
Russia was set to swerve a debt default after overdue payments on two of its sovereign Eurobonds were sent to creditors, four sources told Reuters.
A gauge of global equity markets edged higher on Tuesday while 10-year U.S.
British factory activity edged up in April after slowing to its weakest in just over a year in March following Russia's invasion of Ukraine, but manufacturers were wary about the outlook as costs leapt and demand faltered, a survey showed on Tuesday.
North Korea's isolated economy will not be insulated from global economic headwinds caused by the Ukraine war and the COVID-19 lockdowns in China, analysts said, with recently resumed border trade taking a hit and inflation exacerbating food shortages.
Australia's central bank on Tuesday raised its cash rate by a surprisingly large 25 basis points to 0.35%, the first hike in over a decade, and flagged more to come as it pulls down the curtain on massive pandemic stimulus.
Indian financial consultant Waqar Khan has seen his income drop by about a fifth since the coronavirus pandemic began.
South Korea's consumer inflation quickened far more than forecast and hit a more than 13-year high in April, boosting expectations in the bond market for more central bank interest rate rises this year.
Citigroup Inc is in "active dialog" to carry out the sale of its Russia consumer business that it announced a year ago, Chief Executive Jane Fraser said on Monday.
U.S. factory activity grew at its slowest pace in more than 1-1/2 years in April amid a rise in workers quitting their jobs, and manufacturers are becoming more anxious about supply over the summer because of China's zero tolerance COVID-19 policy.
U.S. stocks were set for a lower open on Monday as growth stocks came under pressure again, with investor focus on the Federal Reserve meeting this week where policymakers are widely expected to raise interest rates.
U.S. stocks edged higher on Monday as growth stocks rebounded after April's rout, with investor focus squarely on the Federal Reserve meeting this week where policymakers are widely expected to raise interest rates.
Wall Street's main indexes closed a seesaw session higher on Monday, as investors bought in to technology names in the last hour of trading amid bets they had been overly beaten down ahead of this week's Federal Reserve meeting.
Wall Street's main indexes seesawed throughout the session to close higher on Monday, as investors sought to pick up technology names that had been beaten down in recent days ahead of this week's Federal Reserve meeting.
Italy unveiled a hefty package of measures on Monday aimed at shielding firms and families from surging energy costs as the war in Ukraine casts a shadow over the growth prospects of the euro zone's third largest economy.
Italy is set to unveil a new stimulus package on Monday worth up to 7 billion euros ($7.35 billion) to curb surging energy prices and help companies cope with the economic impact of the war in Ukraine, unions said after a meeting with the government.
The Federal Reserve's well-telegraphed plan to hike interest rates by half a percentage point on Wednesday and start reducing its balance sheet has failed to ease inflation and growth worries, prompting bond investors to seek safety by adjusting the duration of their portfolios.
In mid-April, months into an increasingly frustrating house hunt, Harsh Grewal and his wife settled on a place in a San Francisco suburb and were prepping a bid, above the listed price so they'd have a chance of besting other offers in one of the nation's hottest housing markets.
European stocks suddenly fell on Monday before partly recovering in what brokers described as a "flash crash" or an erroneous trade on a day where a holiday thinned trading activity.
The sudden fall in European shares driven by a brief crash in Nordic markets was caused by a single sell order trade by Citigroup Inc, people familiar with the matter told Reuters.
The sudden fall in European shares driven by a brief crash in Nordic markets was caused by a single sell order trade by Citigroup Inc, people familiar with the matter told Reuters, and confirmed by Citi.
Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks, the country's power and energy minister said on Monday, with four shipments due to arrive in May.
Sri Lanka has extended a credit line with India by $200 million in order to procure emergency fuel stocks, the country's power and energy minister said on Monday, as China said it supported efforts for the island nation to restructure its debt.
Shares fell and the dollar held near highs in holiday-thinned trading on Monday, as concerns about economic growth lingered ahead of an expected U.S.
Wall Street recovered some lost ground on Monday and benchmark U.S.
The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S.
Japan's consumer confidence index nudged up in April to mark its first increase in six months after the end of COVID-19 curbs in late March, but inflation expectations hit a record for the third month in a row.
Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by the Federal Reserve to contain rising inflationary pressures.
Ryu Ishihara will soon be raising prices on his inexpensive bowls of soba noodles for the first time in nearly a decade, as rising costs and Russia's invasion of Ukraine take an unlikely toll on Japan's beloved buckwheat noodles.
