DBT

Oil settles lower after hitting $90 a barrel as OPEC+ considers production cuts

OPEC+ starts talks on production cuts at Oct 5th meeting – OPEC source Russia proposes that OPEC + cut production by one million barrels per day – source US markets are dragged down by the Fed’s aggressive moves to tame inflation US production resumes after being halted due to Hurricane Ian NEW YORK (Reuters) – …

Oil settles lower after hitting $90 a barrel as OPEC+ considers production cuts Read More »

Fed criticizes Fed ‘situation’ as market pain recedes to fight inflation

WASHINGTON, Sept. 28 (Reuters) – In the month since Federal Reserve Chairman Jerome Powell took a hawkish stance on inflation, stocks have suffered compounding losses, fissures have opened in global currency markets, and safer US government debt returns have emerged. It jumped to its highest levels since the dark days of the financial crisis nearly …

Fed criticizes Fed ‘situation’ as market pain recedes to fight inflation Read More »

Bank of England seeks to stem bond market turmoil after tax cut storm

Bank of England begins buying bonds, delays sales of gold bonds The IMF ‘does not recommend’ policies like the UK’s growth plan Moody’s: The economic plan is ‘negative growth’ Sterling traded down 0.7% to $1,065 Kwarteng meets bank heads again LONDON (Reuters) – The Bank of England sought to quell a firestorm in British bond …

Bank of England seeks to stem bond market turmoil after tax cut storm Read More »

Wall Street fears it will continue with UK intervention to cool bonds

US stocks changed little after hitting new lows on Tuesday Global stocks battle some losses, while UK bonds rise The Bank of England says it will intervene in the bond market Oil prices are rising due to Hurricane Ian (Reuters) – U.S. and global stocks did little on Wednesday to recover from new lows, even …

Wall Street fears it will continue with UK intervention to cool bonds Read More »

Wall Street’s eyes opened high, sterling rose as bears licked their wounds

Register now to get free unlimited access to Reuters.com Register The dollar is retreating from a 20-year high reached on Monday German 10-year bond yields are near 11-year highs Oil rises from nine-month lows on Monday LONDON (Reuters) – U.S. stock index futures pointed to an open rally on Wall Street and the pound rebounded …

Wall Street’s eyes opened high, sterling rose as bears licked their wounds Read More »

Exclusive: Italy and Intel choose Veneto as preferred region for new chip maker

The Intel logo appears in a temporary office during the 2022 World Economic Forum (WEF) in the Alpine resort of Davos, Switzerland, May 25, 2022. REUTERS/Arnd Wiegmann/File Photo Register now to get free unlimited access to Reuters.com Register Intel builds an advanced packaging and assembly position in Italy Draghi’s heir should have an opinion before …

Exclusive: Italy and Intel choose Veneto as preferred region for new chip maker Read More »

The dollar rose to a two-decade high as Putin shook the FX market ahead of the Fed

Register now to get free unlimited access to Reuters.com Register The dollar index is at its highest level in two decades The euro fell to its lowest level in two decades Putin announces partial mobilization of troops for Ukraine Markets Gauge Fed Tightness at Powell’s Briefing LONDON/NEW YORK (Reuters) – The dollar surged on Wednesday …

The dollar rose to a two-decade high as Putin shook the FX market ahead of the Fed Read More »

Stocks Fall, Bonds and Gold Gain as Russia Threats to Fed Tensions Increase

Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – Stocks fell while safe havens such as government bonds and the dollar rose as anxious investors fled risky assets after Russian President Vladimir Putin on Wednesday ordered a mobilization over Ukraine and accused the West of “nuclear blackmail”. . European currencies came …

Stocks Fall, Bonds and Gold Gain as Russia Threats to Fed Tensions Increase Read More »