SYDNEY (Reuters) – Asian markets on Monday held nervous as the Turkish lira plunged into a tested risk appetite, with stocks and bonds showing limited bids for safe havens. File photo: Turkish Lira Banknote Note This illustration taken on January 6, 2020. Reuters / Dado Ruvik / Illustration // File …
Read More »Stocks rise after Wild Tech reboots, yields rise inches
LONDON (Reuters) – World stock markets rebounded on Wednesday after a spectacular reboot in US tech stocks, with both the US dollar and benchmark government yields rising in the US. Treasury auctions and inflation have outpaced reading later. File photo: A man wearing a face mask stands Nik Nik in …
Read More »Stimulus hopes stocks accelerate to record; Bitcoin dresses
By Tyagaraju Edinarayan, Tom Westbrook LONDON / SINGAPORE (Reuters) – Global peaks have risen to new highs as investors acquire risky assets in anticipation of the US monetary stimulus and the Federal Reserve’s pledge to keep cash in the markets. File photo: Pedestrians wearing face masks reflected on an electric …
Read More »The US outlook is sluggish; Economists say Democratic sweep best for resurgence: Reuters poll
BENGALURU (Reuters) – The outlook for the U.S. economy has dwindled in the run-up to the presidential election, according to a Reuters poll, with the recent resurgence in the novel coronavirus case posing a high risk of hindering economic recovery. File photo: On May 18, 2020, a “We Hiring” sign …
Read More »Fed Powell says central bank is committed to using all tools to help recover
File photo: US Federal Reserve Chairman Jerome Powell spoke to reporters at a news conference in Washington on March 3, 2020 after the Federal Reserve cut interest rates in a crisis move designed to protect the world’s largest economy from the effects of the coronavirus. . Reuters / KP Lamarck …
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