Wall Street's three main indexes fell on Thursday after Federal Reserve Chair Jerome Powell said a 50-basis point interest rate hike was "on the table", cementing expectations of aggressive policy tightening by the U.S.
The S&P 500 and the Nasdaq reversed early gains on Thursday as bond yields hit fresh multi-year highs ahead of a speech by Federal Reserve Chair Jerome Powell, with investors worried about aggressive interest rate hikes this year.
Canada's headline inflation may have peaked after hitting a 31-year high in March, economists said, though the central bank still faces an uphill battle to bring rocketing prices back to earth.
Japan's ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily indebted nation as it battles inflationary pressures for the first time in decades.
Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.
The U.S. dollar rose from a one-week low on Thursday after Federal Reserve Chair Jerome Powell all but confirmed a half a percentage-point tightening at the policy meeting next month, including consecutive rate increases this year.
Hedge funds remain bullish on the dollar, holding a net long dollar position in currency futures markets for more than nine months.
Oil prices were little changed on Tuesday, after rising 1% in the previous session, as Libya was forced to halt some exports and as manufacturers in China prepared to reopen factories after a nearly three-week COVID-19 shutdown in Shanghai.
New Zealand central is bank focused on constraining inflation expectations and expects to put into effect more interest rate increases in coming quarters, the country's top policymaker said in a speech released on Tuesday.
Despite concern that sanctions against Russia would cause a shortfall of fertilizer in Brazil, preliminary shipping data shows orders being fulfilled and vessels heading for Brazil, potentially allowing a normal grain planting season.
Russia's invasion has damaged or destroyed up to 30% of Ukraine's infrastructure at a cost of $100 billion, a Ukrainian minister said on Monday, adding reconstruction could be achieved in two years using frozen Russian assets to help finance it.
Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time buyers from the market, a survey showed on Monday.
U.S. Treasury Secretary Janet Yellen plans to skip some sessions of this week's G20 finance meeting in protest at Russia's assault on Ukraine and will urge International Monetary Fund and World Bank members to increase pressure on Moscow, two senior U.S.
Wall Street opened higher Monday while U.S. Treasury yields hit three-year highs as investors eyed corporate earnings and what Russia's invasion of Ukraine could mean for global growth.
Wall Street was slightly higher Monday afternoon in bumpy trading, while U.S.
Wall Street ended the day lower in a choppy trading day on Monday, while U.S.
With soaring interest rates scaring off would-be mortgage borrowers, the outlook for banks' home lending portfolios is gloomy, according to first quarter filings and analysts.
A Mexican union on Monday asked the U.S. government to investigate a Panasonic plant for alleged worker rights abuses, the latest in a series of disputes seeking to leverage a new trade deal to improve workplace conditions in Mexico.
U.S. stocks closed lower on Monday after a session which saw all three benchmarks slip between positive and negative territory, as investors contrasted Bank of America's positive earnings with surging bond yields ahead of further earnings cues this week.
U.S. stocks fell on Monday as bond yields surged to three-year highs on expectations of an aggressive tightening in monetary policy, while financials rose after Bank of America rounded out earnings for big Wall Street banks with a profit beat.
U.S. stocks closed down on Monday after flip-flopping throughout afternoon trading, as investors contrasted Bank of America's positive earnings with surging bond yields ahead of further earnings cues this week.
The Russian invasion of Ukraine is making Cuba's three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship for residents, according to economic experts and businessmen.
Rivian Automotive Inc CEO R.J. Scaringe needs to sell a lot more electric vans and pickup trucks to boost a beaten down stock price and fund his ambitious long-term growth plans, but the startup is having trouble buying the parts to build them. .
The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by sharp gains in global crude oil prices, while bond yields pulled back from session highs on short-covering.
Gold rose to a one-month high on Monday, just shy of the $2,000 an ounce level, as concerns around the Russia-Ukraine conflict and rising inflationary pressures increased safe-haven bids for the precious metal.
Gold prices jumped about 1% to a more than one-month high on Monday as concerns over the economic fallout from the Russia-Ukraine war and surging inflation drove investors to the safe-haven asset.
Gold prices rose on Monday to their highest since mid-March, as the Russia-Ukraine crisis soured risk sentiment and drove investors to the safety of bullion.
Gold prices rose on Monday to their highest since mid-March, as the uncertainty surrounding the Russia-Ukraine conflict dampened risk sentiment and drove investors towards the safety of bullion.
China's economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already weakened by COVID-19 curbs and the Ukraine war.
China's economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already weakened by COVID-19 curbs and the Ukraine war.
