Gold prices slipped to their lowest in four weeks on Monday as prospects of aggressive policy tightening by the U.S.
Palladium prices fell nearly 13% on Monday as China's COVID-led lockdowns soured the demand outlook for the autocatalyst, while looming U.S.
Palladium prices fell nearly 13% on Monday as China's COVID-led lockdowns soured the demand outlook for the autocatalyst, while looming U.S.
Asian stocks had their worst session in a month and a half on Monday as fears grew that Beijing was on the verge of joining Shanghai in lockdowns, while the dollar rose to a two-year high on the prospect of slower growth and higher interest rates.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's French presidential election win quickly gave way to renewed concerns about the global economy and the impact on it of rising interest rates.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's victory in the French presidential election quickly gave way to renewed concerns about rising global interest rates and China's spluttering economy.
Traders ditched riskier assets on Monday as relief over Emmanuel Macron's victory in the French presidential election quickly gave way to renewed concerns about rising global interest rates and China's spluttering economy.
Wall Street shares were mixed, European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising global interest rates and China's spluttering economy.
Oil prices extended losses on Monday amid persistent worries that prolonged COVID-19 lockdowns in Shanghai and potential U.S.
Oil slumped almost 6% to its lowest in almost two weeks on Monday, extending last week's decline as concern grew that prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
Oil slumped about 4% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S.
The euro gained a fraction in early trade on Monday following French President Emmanuel Macron's comfortable Sunday defeat of far-right rival Marine Le Pen, the outcome largely expected by markets and political analysts.
The U.S. dollar struck a two-year high on Monday as a wave of risk aversion hit global markets, while the Chinese yuan was set for its biggest three-day losing streak in nearly four years on growing worries of an economic slowdown in China.
The U.S. dollar scaled two-year peaks, as a wave of risk aversion hit global markets, while the Chinese yuan posted its largest three-day losing streak in nearly four years on growing worries of an economic slowdown in the world's second-largest economy.
European markets will breath a collective sigh of relief on Monday as pro-EU centrist Emmanuel Macron looked set to win a second term as France's president, beating rival far-right candidate Marine Le Pen.
The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for the crisis-stricken country.
Workers at a Panasonic auto parts plant in northern Mexico elected an independent union this week, marking another defeat for one of the country's biggest labor organizations as Mexico seeks to strengthen worker rights in line with a new trade deal.
Indonesian Finance Minister Sri Mulyani Indrawati on Friday joined a growing chorus of officials calling for reforms aimed at better equipping the World Bank to address mounting global challenges such as climate change and the changing nature of its clients.
U.S. Postmaster General Louis DeJoy says the agency is dealing with significant inflation costs as it works to stem losses, acknowledging higher costs will put further pressure on stamp prices.
Energy prices that have soared since Russia's war in Ukraine are a "major concern" for South Africa's economy, Finance Minister Enoch Godongwana said on Friday, while it was too soon to quantify the full impact of last week's devastating floods.
Amsterdam Trade Bank (ATB), a subsidiary of Russia's Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said on Friday, citing an Amsterdam District Court Ruling.
Investors are hoping a flood of U.S. quarterly reports next week, including those from megacap growth titans, will confirm a solid profit outlook for corporate America and bolster the case for stocks after a rocky start to the year.
With expectations for a half-percentage point rate hike at the Federal Reserve's May meeting now locked in, traders on Friday piled into bets that the central bank will go even bigger in subsequent months, but one Fed policymaker pushed back, saying a more "methodical" approach was appropriate even in the face of too-high inflation.
Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank should "persistently" continue with its current aggressive monetary easing, despite an expected temporary rise in inflation driven by surging commodity costs.
Brazil's economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find answers, a Reuters poll showed.
U.S. stocks tumbled on Friday after some weak earnings reports, with growth shares coming under pressure in a torrid week that saw bond yields surge on expectations of interest rate hikes.
All three Wall Street benchmarks were more than 2% lower on Friday, stumbling towards the end of a week which has seen whipsaw moves caused by surprise earnings news and increased certainty around aggressive near-term interest rate rises.
Wall Street tumbled more than 2.5% on Friday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors.
Investors have discounted Marine Le Pen winning the French presidency on Sunday, so an upset would cause a selloff in French government bonds and dent the euro, fund managers and economists told the Reuters Global Markets Forum.
