Fed’s Jefferson: “No Illusion” Inflation Fight Will Be Quick
By Howard Schneider WASHINGTON (Reuters) -Inflation for a broad array of services in the United States remains “stubbornly high,” Federal…
February 2023
Mexican President To Speak To Tesla’s Musk On Monday Morning
MEXICO CITY (Reuters) – President Andres Manuel Lopez Obrador is holding a call on Monday morning with Tesla Inc. Chief…
Wall Street Gets Respite From Positive Data, Pause In Dollar Rally
By Lawrence Delevingne and Amanda Cooper (Reuters) -Wall Street and global shares rebounded on Monday on positive economic data, but…
U.S. Core Capital Goods Orders Accelerate In January
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods increased more than expected in January while shipments of those…
Shares Get Respite From Pause In Dollar Rally
By Amanda Cooper LONDON (Reuters) -Global shares rose on Monday, but skimmed six-week lows, after another round of data last…
Ex-Goldman Sachs Banker Seeks Mercy In 1MDB Case
By Shivani Tanna (Reuters) – Roger Ng, the former Goldman Sachs Group Inc banker convicted for helping to embezzle Malaysia’s…
J.P.Morgan Expects Additional 25bps Rate Hike From BoE In June
(Reuters) – The Bank of England (BoE) will likely raise interest rates by a further 25 basis point (bps) in…
Oil Lower On Firm Dollar, Market Shrugs Off Russian Supply Cuts
By Mohi Narayan and Sudarshan Varadhan (Reuters) -Oil prices fell in volatile trade on Monday, as a stronger dollar and…
Analysis-CATL’s ‘price War’ Shows Its Power, And China’s EV Edge
SHANGHAI/LONDON (Reuters) – CATL, the world’s largest battery maker, has offered to cut costs for Chinese automakers, a move that…
Dollar Gains As Higher-for-longer U.S. Rate Views Drive Currency Markets
By Ankur Banerjee SINGAPORE (Reuters) – The dollar held firm near a seven-week peak on Monday, after a slew of…