79.39 F
New York
July 5, 2022


Column: Metals melt down as recession fears overwhelm supply woes: Andy Home

LONDON, July 4 (Reuters) – Industrial metals have gone from boom to bust in the space of only three months. In March the London Metal Exchange (LME) suspended its nickel contract after the price spiked to more than $100,000 per tonne. Three-month nickel is now trading around $22,500, pretty much......

Dollar holds firm as growth fears stalk markets

South Korean won, Chinese yuan and Japanese yen notes are seen on U.S. $100 notes in this file photo illustration shot December 15, 2015. REUTERS/Kim Hong-Ji//Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, July 4 (Reuters) – The dollar kept trade-sensitive currencies pinned near multi-year lows on......

Recession fears flare and June jobs report looms as jittery markets head into third quarter

CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Investors are greeting the third quarter with greater trepidation about a recession, and that makes next Friday’s June jobs report a potentially bigger catalyst for markets than it......

Despite recession fears, companies aren’t pulling back on technology investments

CNBC – For more and to sign up click here A data center. Erik Isakson | DigitalVision | Getty Images The chances for a recession are still being debated and inflation looks to be stubbornly high for at least the rest of this year, but when it comes to technology......

Downturn fears support dollar, Aussie slumps to two-year low

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, July 1 (Reuters) – Gathering gloom about prospects for the global economy lifted the safe-haven dollar on Friday and pressured risk-sensitive currencies, with the Australian......

Asia’s factories feeble despite China bounce, feeds global recession fears

A bicycle rider rides past a factory at Keihin industrial zone in Kawasaki, south of Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Japan, S. Korea PMIs slow in June on supply constraints Taiwan’s PMI contracts, other Asian PMIs also soft China’s......

Stocks sink on fears for global economy, capping worst H1 on record

Share indexes down 1% to 3%, U.S. futures weak Cenbank chiefs reiterate inflation warning this week Sweden’s Riksbank latest to hike rates All eyes on U.S. core prices data due later Graphic: Global asset performance LONDON, June 30 (Reuters) – Stocks sank on Thursday to extend what is the worst......

European stocks fall as hawkish c.bank bets fan recession fears

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 28, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register Powell, Lagarde stick to hawkish rhetoric German inflation dips in June on one-off effects Stronger-than-expected results lift H&M shares Just Eat......

Fed officials promise rate hikes, push back on recession fears

June 28 (Reuters) – Federal Reserve policymakers on Tuesday promised further rapid interest-rate hikes to bring down high inflation, but pushed back against growing fears among investors and economists that sharply higher borrowing costs will trigger a steep downturn. “Many are worried that the Fed might be acting too aggressively......

Stocks up as commodity slide offers a salve for inflation fears

Men wearing protective masks amid the coronavirus disease (COVID-19) outbreak, use mobile phones in front of an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan June 16, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 24 (Reuters) – Stocks and......

Oil trades sideways on fears of slower demand, supply uncertainty

SINGAPORE, June 24 (Reuters) – Oil prices traded sideways on Friday after briefly rising nearly $1 per barrel, as the market balanced fears of slower demand from cooling U.S. economic activity with supply uncertainty. Brent crude futures were trading down 5 cents, or 0.1%, at $110.00 a barrel by 0310......

Defensive stocks lead Wall Street higher amid recession fears

Occidental rises after Berkshire raises stake Accenture slides on tepid current-quarter sales view Indexes up: Dow 0.20%, S&P 0.28%, Nasdaq 0.45% June 23 (Reuters) – Wall Street’s main indexes rose on Thursday as investors turned to consumer staples and healthcare companies to mitigate their risks if the economy falls into......

Global economy: U.S. recession fears darken outlook for Japan, global factories

TOKYO, June 23 (Reuters) – Japan’s factory activity growth slowed to a four-month low in June as China’s COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential U.S. recession. Australia’s manufacturing activity held steady this......

Oil extends losses as recession fears mount

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant/ Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Oil prices fell 2% in early trade on Thursday, extending......

Asia shares struggle, oil falls as recession fears linger

People wearing protective masks are reflected on an electronic board displaying Japan’s stock prices outside a brokerage in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register BEIJING/HONG KONG, June 23 (Reuters) – Asian shares wobbled while commodity prices fell on Thursday as......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More