The euro rose on Monday as markets focused on the European Central Bank's tools to fight fragmentation in the currency bloc, looking through the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in the country's parliamentary election.
The euro rose on Monday as markets focused on European Central Bank tools to fight fragmentation in the currency bloc, shrugging off the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in a parliamentary election.
Oil prices wobbled early on Monday as investors refocused on tight supplies, though sentiment was still fragile after 6% slump in the previous session amid concerns about slowing global economic growth and fuel demand.
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies.
Oil prices rose on Monday in volatile trade, reversing earlier losses, as tightening supplies outweighed concerns about slowing global economic growth and fuel demand.
Oil prices edged lower on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand outweighed worries about tightening supplies.
Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.
Oil prices fell on Monday, continuing last week's losses as concerns about slowing global economic growth overshadowed tight supply.
An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, with police called to escort a top government official to the negotiations after protesters angry about the economic crisis blockaded the finance ministry.
An International Monetary Fund (IMF) team began bailout talks in Sri Lanka on Monday, as the country's cabinet cleared a constitutional amendment to dilute presidential powers that could assuage protesters amid rising tensions.
Asian shares were trying to sustain a rare rally on Monday as Wall Street futures made early gains, perhaps hoping a U.S.
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S.
Stock markets chalked up modest gains on Monday after last week's hefty losses as investors braced for a host of U.S.
Britain plans to make "buy now, pay later" (BNPL) companies carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure adverts are fair and clear, the government said on Monday, in measures to regulate the sector.
Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at the world's largest airlines association said on Sunday.
Federal Reserve Governor Christopher Waller on Saturday became the latest U.S.
By some early estimates, the U.S. economy, as measured by gross domestic product, may have shrunk in the three months from April through June.
Expectations for how drastically central banks need to tighten monetary policy to fight soaring inflation have taken another leap higher, shaking up global markets and rattling investors.
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high.
Since Ngozi Okonjo-Iweala took over as head of the World Trade Organization last year, one of her main bugbears has been the negotiating style of member countries, which she says is ineffective, inflexible and needs to change.
Russian gas flows to Europe have fallen short of demand again, coinciding with an early heat wave gripping its south and fuelling concerns the continent may struggle to build up storage ahead of the winter season.
An unusually large quarterly expiration of U.S. stock futures and options on Friday is likely to boost trading volumes and add to volatility, market strategists said, with some even expecting it to trigger a relief rally at the end of a turbulent week.
Italy may declare a heightened "state of alert" on gas next week if Russia continues to curb its supplies, two government sources said on Friday after energy company Eni reported a shortfall in flows from Moscow for the third day in a row.
Brazilian motorists will soon pay more at the pump after state-run Petrobras said it plans to hike fuel prices from Saturday as the country grapples with soaring inflation ahead of elections later this year.
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday it will not let anything stand in the way of its battle to bring down the searing inflation that's punishing American households.
Production at U.S. factories unexpectedly fell in May, the latest sign of cooling economic activity as the Federal Reserve aggressively tightens monetary policy to tame inflation.
Production at U.S. factories unexpectedly fell in May, the latest sign of cooling economic activity as the Federal Reserve aggressively tightens monetary policy to tame inflation.
Benchmark European and British gas prices are on course for gains of more than 50% this week after Russia said capacity of its Nord Stream 1 pipeline, which take gas directly to Germany, would be cut by around 60%, dramatically reducing European gas supply.
Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to a close after a week of market turmoil and recession fears as central banks across Europe have hiked interest rates.
British finance minister Rishi Sunak has toughened his language towards Bank of England Governor Andrew Bailey, a reflection of the political pressure piling on them both as inflation surges towards double digits.
