Macron faces a tough fight as France votes on Sunday

Macron faces a tough fight as France votes on Sunday

Macron leads in opinion polls but Le Pen closes in Voting starts at 0600 GMT, exit polls due at 1800 GMT PARIS, April 10 (Reuters) – France votes on Sunday in the first round of a presidential election, with far-right candidate Marine Le Pen posing an unexpected threat to President Emmanuel Macron’s re-election hopes. Until … Read more

Global stocks rebound goal set for weekly loss

Global stocks rebound goal set for weekly loss

LONDON, April 8 (Reuters) – European shares rebounded on Friday but world stocks were still on track for their first weekly loss in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors. Global risk appetite declined during the week as minutes from the Federal Reserve and European Central Bank showed … Read more

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

Stocks rally late, 10-yr US Treasury yield hits 3-yr high

US stocks end higher 10-year Treasury yield rises Investors still digesting Fed signals NEW YORK, April 7 (Reuters) – Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while the US dollar climbed to its highest in nearly two years and the US Treasury 10-year yield touched a three-year high following hawkish … Read more

Fed officials to take clearer to balance sheet; ‘many’ back big rate hikes

Fed officials to take clearer to balance sheet;  ‘many’ back big rate hikes

April 6 (Reuters) – Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first US interest rate increase. Minutes of the Fed’s March 15-16 meeting showed … Read more

Wall Street holds losses after Fed minutes

Wall Street holds losses after Fed minutes

A screen displays a stock chart at a work station on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 6, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Minutes: Fed ‘generally agreed’ to $95 bln monthly runoff Tech sector sinks, utilities gain Indexes down: … Read more

Stocks slip, bonds hit as bets on Fed action rise

Stocks slip, bonds hit as bets on Fed action rise

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 28, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register US treasury yields hit multi-year highs Dollar at its strongest in nearly two years Fed minutes eyed as bets on big rate hike increase Oil gains … Read more

China sends military, doctors to Shanghai to test 26 million residents for COVID

China sends military, doctors to Shanghai to test 26 million residents for COVID

Shanghai reports 9,006 symptomatic and asymptomatic cases for April 3 City launches largest public health response since virus emerged Citizens complain of unsanitary conditions in quarantine centers SHANGHAI, April 4 (Reuters) – China has sent the military and thousands of healthcare workers into Shanghai to help carry out COVID-19 tests for all of its 26 … Read more

Fed’s Williams: Pace of rate increases depends on how economy responds

Fed’s Williams: Pace of rate increases depends on how economy responds

John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, … Read more

Wall St edges up as payrolls report keeps Fed on track

Wall St edges up as payrolls report keeps Fed on track

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 30, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Unemployment drops to 3.6% vs estimate of 3.7% Nonfarm payrolls rose by 431,000 jobs last month GameStop seeks share split amid renewed meme-stock hype … Read more

Putin tells Europe: pay in rubles or we’ll cut off your gas

Putin tells Europe: pay in rubles or we’ll cut off your gas

Energy is Russia’s most powerful lever against West Western nations reject currency switch in gas deals Russia won’t export gas as ‘charity’, says Putin Europe already struggling to find alternative supplies BERLIN/LONDON, March 31 (Reuters) – Russian President Vladimir Putin is demanding foreign buyers pay for Russian gas in rubles from Friday or else have … Read more