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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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Asian stocks are buoyed by US futures, oil climbs

A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei adds 0.3%, S&P 500 futures rise 0.4% Euro hits 7-year high against yen ahead of …

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Saudi Arabia and OPEC could make up for lost Russian oil production as Biden visit looms

The Organization of the Petroleum Exporting Countries (OPEC) logo is seen at the OPEC headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Join now for FREE unlimited access to Reuters.com Register Western sanctions have caused Russian production to plummet OPEC+ meets on Thursday and may address Russian production issue US diplomats worked on …

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Stocks squeeze slim gains, dollar climbs as inflation soars

The European STOXX 600 up 0.3% Banks and auto stocks gain Wall Street poised to reflect advances The dollar climbs to its highest in two weeks against the yen LONDON/SINGAPORE, June 1 (Reuters) – European stocks posted small gains on Wednesday as the dollar strengthened as investors worried about soaring inflation and the hit to …

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Russia widens gas cuts in Europe as Gazprom cuts supply from Dutch trader

A 3D printed gas pipeline is placed in front of the Gazprom logo displayed in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Gazprom says it cut gas supply to GasTerra Russians cite refusal to pay in rubles The Dane also on the lookout for …

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Zero-COVID, big money: China’s anti-virus spending boosts medicine, tech and construction

BEIJING, May 30 (Reuters) – China’s “zero-COVID” policy of constantly monitoring, testing and isolating its citizens to prevent the spread of the coronavirus has hit much of the country’s economy, but it has created growth bubbles in the medical, technology and construction sectors. The Chinese government, alone among major countries to have pledged to eradicate …

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Global stock markets rally, Treasury yields fall on inflation data

US consumer spending rises, rising inflation slows Wall Street rallies and ends a weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday as the yield on benchmark U.S. Treasuries fell after data showed U.S. consumer spending rose in April and …

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European stocks rebound, Chinese rate move bolsters sentiment

LONDON, May 20 (Reuters) – Stocks rebounded on Friday after China slashed a key benchmark to support its economy, although a gauge of global equities remains set for its longest streak of weekly losses on record amid investor concerns about slowing growth and high inflation. China slashed its five-year prime lending rate (LPR) – which …

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