CDTY

Oil gains 3% on global economic optimism, despite surprise U.S. crude build

Oil gains 3% on global economic optimism, despite surprise U.S. crude build

China reopens after COVID restrictions, oil demand expected to rise HSBC sees only one U.S. Fed interest rate hike U.S. crude stocks jump in surprise build, biggest since February 2021 Russia sees no problems with oil exports despite sanctions NEW YORK, Jan 11 (Reuters) – Oil prices rose 3% on Wednesday to a week-long high …

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Asia splits Fed rate bets, China reopening boosts yuan

Asia splits Fed rate bets, China reopening boosts yuan

https://tmsnrt.rs/2zpUAr4 US stock futures rise slightly, Nikkei futures gain Hopes the US CPI report will argue for small Fed hikes Earnings season kicks off Friday with big banks Dollar nurse losses, yuan at highest since mid-August SYDNEY, Jan 9 (Reuters) – Asian stocks rallied on Monday as hopes of less aggressive U.S. rate hikes and …

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Dollar set to post biggest one-day gain in three months, stocks rally

Dollar set to post biggest one-day gain in three months, stocks rally

Global stocks rise slightly The correlation with the dollar is softening The yen takes a breather after the recent rally LONDON, Jan 3 (Reuters) – The dollar headed for its biggest one-day rise in more than three months on Tuesday as stocks rallied in a macro week that could offer guidance on the timing and …

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Storm cuts oil, gas and power generation in the United States, pushing prices up

Storm cuts oil, gas and power generation in the United States, pushing prices up

Dec 23 (Reuters) – Bitter cold and gusty winds on Friday knocked out power and shut down power generation across the United States, sending heating and electricity prices soaring as people braced for the parties. Winter Storm Elliott brought sub-freezing temperatures and severe weather warnings to about two-thirds of the United States, with cold and …

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Asian stocks tumble, dollar firms ahead of central bank rate hikes

Asian stocks tumble, dollar firms ahead of central bank rate hikes

https://tmsnrt.rs/2zpUAr4 Japan’s Nikkei down 0.2%; Hong Kong shares down 2.2% Dollar Drifts Higher; European futures point to a lower open US CPI Tuesday, Fed meeting Wednesday ECB and BOE rate decisions on Thursday SYDNEY, Dec 12 (Reuters) – Asian stocks tumbled and the dollar strengthened on Monday at the start of a turbulent week as …

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Stocks and bond yields fall as US data clouds Fed rate outlook

Stocks and bond yields fall as US data clouds Fed rate outlook

Wall Street extends losses as recession worries mount Crude oil at lowest since January Bank of Canada signals slowing pace of rate hikes China eases COVID rules but imports and exports slump http://tmsnrt.rs/2yaDPgn NEW YORK/MILAN, Dec 7 (Reuters) – Global stocks fell further and Treasury yields fell on Wednesday as U.S. worker productivity data beat …

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Currency swap debt is an $80 trillion global regulator, says 'blind spot'

Currency swap debt is an $80 trillion global regulator, says ‘blind spot’

LONDON, Dec 5 (Reuters) – Pension funds and other “non-bank” financial firms hold more than $80 trillion in hidden off-balance sheet dollar debt in foreign exchange swaps, the Bank for International Settlements (BIS) said. ). The BIS, dubbed the central bank of central banks around the world, also said in its latest quarterly report that …

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