European stocks up 0.45%, US S&P futures flat Most inverted U.S. yield curve since 1981 Brent at 4-week low LONDON/SYDNEY, Nov 18 (Reuters) – Global stocks were heading for a 1% loss for the week on Friday, drifting off recent two-month highs after U.S. Federal Reserve officials fired fresh warning shots at interest rates, while …
Global stocks eye 1% weekly loss, US yield curve points to recession Read More »
A preview of the day ahead in US and global markets by Mike Dolan. With the Federal Reserve still talking tough on US interest rates, global markets have once again turned the spotlight on Britain as it unveils revised plans on Thursday to get public finances and inflation under control with severe tax and spending …
Retail sales rise 1.3% in October Core retail sales increase 0.7%; September sales revised upwards Import prices fall for the fourth consecutive month Manufacturing production increased by 0.1%; previous months revised downwards WASHINGTON, Nov 16 (Reuters) – U.S. retail sales rose more than expected in October as households stepped up purchases of motor vehicles and …
US retail sales increase steadily; increase in GDP estimates in the fourth quarter Read More »
https://tmsnrt.rs/2zpUAr4 Fed’s Waller downplays CPI as a single number Beijing outlines ownership support and COVID steps Biden will meet Xi at the G20 SYDNEY, Nov 14 (Reuters) – Asian stock markets took a breather on Monday after last week’s rally as a top U.S. central banker warned investors against getting carried away by a US …
A preview of the day ahead in US and global markets by Mike Dolan. Wall St shuddered after the indecisive U.S. midterm elections this week, but Wednesday’s steep market losses were just as much due to the implosion of crypto assets, serious problems in the tech sector and apprehension before the Thursday’s key US inflation …
Morning Auction: Consumer Inflation, Crypto Deflation Read More »
https://tmsnrt.rs/2zpUAr4 Dollar Holds Firm, Crypto Fuels Spillover Fears European markets set to open lower Mainland China and Hong Kong stocks battered by spike in COVID cases Focus on US inflation for signs of slowing Fed rate hike SYDNEY, Nov 10 (Reuters) – Asian stock markets fell on Thursday and the dollar held on to overnight …
Apple expects lower shipments of iPhone 14 Pro and Pro Max Apple says factory in China is operating at greatly reduced capacity Apple supplier Foxconn revises down its outlook for the fourth quarter TAIPEI, Nov 7 (Reuters) – Apple Inc (AAPL.O) expects shipments of high-end iPhone 14 models to fall from what was expected following …
Apple warns of falling iPhone shipments as COVID curbs Chinese factory Read More »
Nov 5 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) posted a $2.69 billion third-quarter loss on Saturday, rising inflation, falling equity investment and a steep loss due to Hurricane Ian, which offset the improvement in many of the conglomerate’s businesses. Operating income nevertheless increased by 20%, exceeding analysts’ forecasts. Berkshire benefited from higher demand …
Buffett’s Berkshire loses money as stocks and Hurricane Ian offset rising demand Read More »
Moscow’s withdrawal from deal rekindles global supply fears Halt of grain purchases for Ukrainian seaports, broker says The situation is unclear as other parts of the corridor are planning inspections PARIS, Oct 30 (Reuters) – Wheat futures are set to jump on Monday as Russia’s withdrawal from a Black Sea corridor deal puts Ukrainian exports …
Grain market braces for price spike as Black Sea corridor uncertain Read More »
