By Sinead Cruise and Carolina Mandl LONDON/NEW YORK (Reuters) – Deutsche Bank has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the challenges global investors face to recover stranded investments in the country’s companies. Germany’s largest bank said in a note dated June 9 and viewed…
(Reuters) -It’s been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as inflation tightens its grip on the global economy. Investors will get a look at the state of China’s manufacturing juggernaut, as well as the Federal…
By Rae Wee SINGAPORE (Reuters) – The dollar was on the back foot on Monday, though it found some safe haven support on lingering worries that the protracted monetary tightening cycles from major central banks would further hurt the global economic outlook. Dramatic weekend events in Russia also kept investors on guard, though reaction in…
By Renee Maltezou and Angeliki Koutantou ATHENS (Reuters) -Greece’s conservative New Democracy party stormed to victory in a parliamentary election on Sunday with voters giving reformist Kyriakos Mitsotakis another four-year term as prime minister. With most votes counted, centre-right New Democracy was leading with 40.5% of the vote and 158 seats in the 300-seat parliament,…
A look at the day ahead in European and global markets from Tom Westbrook Investors in the Asia session were circumspect after an extraordinary weekend in Russia, briefly bidding up oil a little bit but otherwise standing back to wait for clarity. Mercenaries from the Wagner group were returning to their bases after a deal…
A look at the day ahead in European and global markets from Tom Westbrook Investors in the Asia session were circumspect after an extraordinary weekend in Russia, briefly bidding up oil a little bit but otherwise standing back to wait for clarity. Mercenaries from the Wagner group were returning to their bases after a deal…
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday, June 28. Under the “stress test” exercise, the Fed tests banks’ balance sheets against a hypothetical severe economic downturn, the elements of which change annually. The results dictate how much capital…
By Pete Schroeder WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital to weather any fresh turmoil in the banking sector during this week’s Federal Reserve health checks, although resulting investor payouts are likely to dip slightly, analysts said. The central bank on Wednesday will release the results of its…
