Euro outlook deteriorates on high oil prices Don’t rule out a move to parity, analysts say Euro shed 3% in Q3, on track for 3rd year of losses LONDON, Oct 4 (Reuters) – Resurgent oil prices hurting a deteriorating economy and renewed concerns about Italy’s fiscal position mean headwinds for …
Read More »Toronto market falls to 1-year low as bond yields jump
A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights TSX ends down 0.8% at 19,020.92 Canadian 10-year yield posts a 16-year high Real estate sector falls 1.9% Technology ends 1.7% lower Oct 3 (Reuters) – Canada’s main …
Read More »Most Gulf markets end higher; Saudi, Egypt extend losses
An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. REUTERS/Christopher Pike/File Photo Acquire Licensing Rights Oct 3 (Reuters) – Most stock markets in the Gulf ended higher on Tuesday, despite concerns over higher-for-longer U.S interest rates, …
Read More »‘Election fear’ stalks Argentina’s markets as volatile vote nears
[1/4]Demonstrators camp outside Argentina’s presidential palace as unemployed and informal workers protest to demand more subsidies from the national government, in Buenos Aires, April 19, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 3 (Reuters) – Argentina’s markets have a new cause for the wobbles – a presidential …
Read More »India rupee weakens in line with Asian peers but RBI help caps fall
A customer counts money before paying a vegetable vendor at a market in Mumbai, India, June 4, 2015. REUTERS/Shailesh Andrade/File Photo Acquire Licensing Rights MUMBAI, Oct 3 (Reuters) – The Indian rupee fell on Tuesday as elevated U.S. Treasury yields and broad strength in the greenback weighed on Asian currencies. …
Read More »Hedge funds see Mexico and Ecuador as China alternatives
LONDON, Oct 3 (Reuters) – Geopolitical tensions and a weakening economy are driving hedge funds to consider alternatives to investing in China. Turmoil in China’s property sector has rattled world markets and hurt the outlook for the world’s No. 2 economy. Many U.S.-based hedge fund investors have cut their exposure …
Read More »Japan finance minister reiterates warning on currency market moves
Japanese Finance Minister Shunichi Suzuki speaks with the media after a meeting of G7 leaders on the sidelines of G20 finance ministers’ and Central Bank governors’ meeting at Gandhinagar, India, July 16, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing Rights TOKYO, Oct 3 (Reuters) – Japanese Finance Minister Shunichi Suzuki said …
Read More »Morning Bid: New quarter, same old market dynamics
A man is reflected on an electric monitor displaying a stock quotation board outside a bank in Tokyo, Japan, June 5, 2023. REUTERS/Issei Kato/File Photo Acquire Licensing Rights Oct 3 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Yet another surge …
Read More »Hedge funds using computers to sell up to $30 billion of stocks soon – UBS
A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights LONDON, Oct 2 (Reuters) – Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two …
Read More »Morning Bid: October market fillip as government stays open
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public …
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