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European shares break four-day losing streak on Fed Powell’s dovish remarks

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 4, 2019. REUTERS/Staff (Reuters) – European shares rose on Thursday, breaking a four-day losing streak, after U.S. Federal Reserve Chair Jerome Read more ›

Global shares slip on China growth fears, dollar gains

NEW YORK (Reuters) – Global equity markets fell on Monday amid unease over the impact of the U.S.-China trade war on China’s growth, while the dollar gained against the euro as Italian bond yields spiked on a brewing spat over Read more ›

Dollar scales 11-month peak on yen as U.S. yields surge

SYDNEY (Reuters) – The dollar climbed an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since mid-2011, while Japanese stocks attempted to re-claim a 27-year peak. Visitors are seen Read more ›

Asia stocks slip as NAFTA lift fades; oil near 4-year highs

TOKYO (Reuters) – Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment. FILE PHOTO: Men stand in front of Read more ›

Asian shares weather Fed rate hike, U.S. bond yields fall

TOKYO (Reuters) – Asian shares held firm on Thursday, outperforming sagging Wall Street shares, and U.S. bond yields fell after the Federal Reserve raised interest rates as expected, sticking to its script of gradual policy tightening. FILE PHOTO: A man Read more ›

Oil eases, but Iran sanctions keep Brent above $80 a barrel

NEW YORK (Reuters) – Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth Read more ›

Column: Hedge funds, smelling Brexit blood, circle sterling

LONDON (Reuters) – Hedge funds are betting big against sterling, the most since May last year. And following last week’s Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest on record. FILE Read more ›

Oil higher as U.S. Iran sanctions raise supply concerns

BEIJING (Reuters) – Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling Read more ›

Oil mixed as China tariff talk scotches early rally

NEW YORK (Reuters) – Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese imports, after an earlier rally triggered by worries that more sanctions on Iran might constrict supply. FILE PHOTO: Pump jacks Read more ›