U.S. markets jump on high hopes of debt ceiling lift off
By Nell Mackenzie and Harry Robertson LONDON (Reuters) – Wall Street was tipped for a strong open on Tuesday, while…
Zimbabwe announces new measures to aid ailing local currency
HARARE (Reuters) – Zimbabwe’s treasury has announced measures to encourage the use of the local dollar as opposed to the…
India’s RBI to hold rates through year-end, cut in early 2024 – Reuters poll
By Anant Chandak and Vivek Mishra BENGALURU (Reuters) – The Reserve Bank of India (RBI) will leave its key interest…
Bank of Israel chief cautions of more interest rate hikes if shekel stays weak
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel’s monetary policy is currently restrictive and at an appropriate level given…
China foreign minister meets with Elon Musk in Beijing
BEIJING (Reuters) – China will create a better market-oriented business environment for enterprises from all countries, including Tesla, China’s foreign…
Biden and McCarthy’s bumpy journey to a debt ceiling deal
By Steve Holland WASHINGTON (Reuters) – When Kevin McCarthy was struggling early this year to get enough votes from his…
Marketmind: Debt vote in sight, but further Fed squeeze
A look at the day ahead in U.S. and global markets from Mike Dolan Out of the frying pan, and…
Japan’s top FX diplomat Kanda will respond to yen moves ‘appropriately’
By Tetsushi Kajimoto TOKYO (Reuters) -Japan will closely watch currency market moves and respond “appropriately” as needed, the country’s top…
NATO seeks to narrow differences over Ukraine membership bid
By Sabine Siebold BRUSSELS (Reuters) – NATO foreign ministers will seek to narrow divisions over Ukraine’s membership bid at a…
In the Market: Amid the calm, the Fed brews the next storm
By Paritosh Bansal (Reuters) -Having navigated the financial crisis of 2008, Neel Kashkari worries about systemic risks. But now, as…