Marketmind: Bank reverb frames Fed decision
A look at the day ahead in U.S. and global markets from Mike Dolan Markets finally worked out May might…
May 2023
Pandemic-sized euro surge now a boon for ECB: Mike Dolan
By Mike Dolan LONDON (Reuters) -The surging euro may be the European Central Bank’s best friend for a change. Unlike…
Stocks Climb Out Of The Red As Traders Wait On The Fed
By Nell Mackenzie and Tom Westbrook LONDON/ SINGAPORE (Reuters) -European stocks and U.S. stock futures rose on Wednesday with hopes…
Stellantis cautious on road ahead after first quarter revenue boost
By Giulio Piovaccari and Gilles Guillaume MILAN (Reuters) -Stellantis said on Wednesday improvements in chip supply and price rises boosted…
Turkish inflation slows to 44% ahead of landmark election
By Ali Kucukgocmen and Nevzat Devranoglu ISTANBUL (Reuters) -Turkish annual inflation slowed to 43.68% in April, official data showed on…
Euro zone unemployment falls to 6.5% in March
BRUSSELS (Reuters) – Euro zone unemployment rate fell to 6.5% in March, the European Union’s statistics office Eurostat said, a…
Malaysia central bank may hit pause after surprise rate hike
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank unexpectedly raised its benchmark interest rate on Wednesday, as it looks…
Oil Extends Losses Ahead Of Expected Interest Rate Hikes
By Ahmad Ghaddar LONDON (Reuters) -Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors…
Porsche to raise prices further as profits jump
BERLIN (Reuters) -Luxury carmaker Porsche will raise prices by 4-8% in Europe and the U.S. in the second half to…
Volvo Cars’ sales grow 10% in April on demand jump in China
STOCKHOLM (Reuters) – Sweden-based Volvo Cars said on Wednesday that sales increased by 10% year-on-year in April to 51,976 cars,…