Banks have repaid around 500 billion euros in TLTRO loans Moving seen as a first step towards the unwinding of obligations ECB and analysts to monitor impact on bond and money markets FRANKFURT, Nov 18 (Reuters) – The European Central Bank is set to begin the biggest cash withdrawal from the eurozone banking system in …
ECB to start big cash clean-up as banks repay billions in loans Read More »
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 …
Nov 16 (Reuters) – U.S. crypto investors have sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange, including NFL quarterback Tom Brady and comedian Larry David, claiming that they had engaged in deceptive practices to sell FTX yield digital currency accounts. The proposed class action lawsuit filed Tuesday night in Miami alleges …
Bankman-Fried, Tom Brady and Other FTX Celebrity Promoters Sued by Crypto Investors 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 …
FTX founder Bankman-Fried secretly transferred $10 billion in funds to trading company Alameda – sources Bankman-Fried showed colleagues spreadsheets revealing transfer of funds to Alameda – sources Spreadsheets say between $1 billion and $2 billion of customer money goes unaccounted for – sources Executives set up accounting ‘backdoor’ that thwarted red flags – sources The …
LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …
Column: Ukraine endgame could electrify global markets Read More »
November 10 (Reuters) – New owner of Twitter Inc, Elon Musk, on Thursday raised the possibility of the social media platform going bankrupt, capping a chaotic day that included a warning from a U.S. privacy regulator and the exit from the leader in enterprise trust and security. The billionaire in his first mass call with …
Musk warns of Twitter bankruptcy as more top executives quit Read More »
BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s short-lived honeymoon with the markets appeared to end on Thursday as investors grew impatient with his desire to increase social spending without setting rules long-term budgets or appointing its main economic decision-makers. Brazil’s currency and the benchmark Bovespa (.BVSP) stock index both surged …
Lula’s honeymoon with the markets ends amid spending plan fears Read More »
HONG KONG/SINGAPORE/NEW YORK, Nov 10 (Reuters) – FTX chief executive Sam Bankman-Fried on Thursday launched an urgent campaign to raise funds to save his business as the crypto exchange seeks to fill a $8 billion hole in its finances, according to tweets and a memo to employees. Bankman-Fried said he was in talks with “a …
FTX’s Bankman-Fried Seeks Funding After Binance Deal Collapses Read More »
