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May 24, 2022

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Gold attempts rebound as dollar backs off highs

Reuters
Gold up after hitting lowest since Jan. 31 on Monday SPDR Gold Trust holdings extend slide to lowest since March Dollar slips further from last week’s two-decade high Silver up for third straight session May 17 (Reuters) – Gold rose on Tuesday as a retreat in the dollar helped bullion......

Asia markets rise on hopes of easing China tech crackdown

Reuters
Blank prices are displayed in the stock quotation boards at the Tokyo Stock Exchange (TSE) after the TSE temporarily suspended all trading due to system problems in Tokyo, Japan October 1, 2020. REUTERS/Issei Kato/Files Register now for FREE unlimited access to Reuters.com Register HONG KONG, May 17 (Reuters) – Asian......

European shares flat after weak China data, miners limit fall

Reuters
FILE PHOTO; The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 12, 2022. REUTERS/Staff Register now for FREE unlimited access to Reuters.com Register China’s April retail sales slip almost twice more than forecast Vodafone rises as UAE telco take 9.8% stake Valneva......

Gold up from 3-month lows as U.S. bond yields weaken

Reuters
Sales persons wait for customers at a gold jewelry showroom in Chandigarh, India, November 9, 2016. REUTERS/Ajay Verma Register now for FREE unlimited access to Reuters.com Register Dollar starts week just off recent 20-year high against peers Momentum clearly favours further downside in gold – analyst Gold prices touched lowest......

Asia stocks struggle after dire China data

Reuters
Asian stock markets: China retail sales dive 11.1%, output drops 2.9% Nikkei pares gains, S&P 500 futures turn lower Dollar holds near 20-year highs, yen gets safety bid SYDNEY, May 16 (Reuters) – Asian share markets were struggling to sustain even a minor rally on Monday after shockingly weak data......

Gold prices wobble as soaring dollar, sliding yields tussle

Reuters
A customer checks a gold necklace before buying it at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 3, 2022. REUTERS/Rupak De Chowdhuri Register now for FREE unlimited access to Reuters.com Register U.S. CPI rose 0.3% last month Gold down......

China’s factory inflation defies global surge, leaving room for stimulus

Reuters
A man pays for meat at a market in Beijing, China January 11, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register Producer inflation at slowest pace in a year Consumer inflation perks up but remains contained – analysts BEIJING, May 11 (Reuters) – China’s factory-gate inflation......

Stocks, commodities slide as growth worries unnerve investors

Reuters
A woman wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, May 10 (Reuters) – Asian shares fell to......

Egypt private sector activity continues contraction on Ukraine war-PMI

Reuters
People walk past a currency exchange point, showing an image of the U.S. dollar in Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El Ghany Register now for FREE unlimited access to Reuters.com Register CAIRO, May 8 (Reuters) – Egyptian non-oil private sector activity contracted in April, continuing a 17-month deterioration......

Omicron, trade weigh on U.S. economy in first quarter

Reuters
First-quarter GDP declines at 1.4% rate Inventories, trade masking underlying economic strength Business investment surges; consumer spending strong Weekly jobless claims fall 5,000 to 180,000 WASHINGTON, April 28(Reuters) – The U.S. economy unexpectedly contracted in the first quarter amid a resurgence in COVID-19 cases and drop in pandemic relief money......

Shanghai’s economy slows as COVID deals blow to industry, retail

Reuters
Workers dress up in protective suits amid the coronavirus disease (COVID-19) outbreak in Shanghai, China April 23, 2022. REUTERS/Brenda Goh Register now for FREE unlimited access to Reuters.com Register BEIJING, April 23 (Reuters) – The economy of Shanghai, China’s most populous city, slowed in the first quarter from the end......

South Korea first-quarter growth likely slowed sharply by COVID curbs: Reuters poll

Reuters
People pose for photographs on a sunny spring day amid the coronavirus disease (COVID-19) pandemic at a Han river park in Seoul, South Korea, April 19, 2022. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register Q1 GDP seen up 0.6% vs previous quarter, up 2.8% on year......

China data to show sharp March deterioration as COVID bites, but solid Q1 growth

Reuters
Workers watch as a crane lifts a structure at a construction site in Shanghai, China January 14, 2022. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register China Q1 GDP growth seen at 4.4%, vs Q4’s 4.0% March data likely deteriorated sharply on COVID lockdowns, April expected to......

Autos rebound fuels U.S. manufacturing output gain in March

Reuters
Vehicles of automobile brands belonging to General Motors Company are seen at a car dealership in Queens, New York, U.S., November 16, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register April 15 (Reuters) – A sharp rebound in automotive output in March spurred a third straight......

China’s imports unexpectedly fall as COVID curbs convulse trade outlook

Reuters
Trucks travel past containers at the Yangshan Deep Water Port in Shanghai, China January 13, 2022. Picture taken January 13, 2022. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register March export growth eases slightly but beats forecasts March imports unexpectedly fall Ukraine war, COVID lockdowns taking a......

War to slash Ukraine’s GDP output by over 45%, World Bank forecasts

Reuters
WASHINGTON, April 10 (Reuters) – Ukraine’s economic output will likely contract by a staggering 45.1% this year as Russia’s invasion has shuttered businesses, slashed exports and rendered economic activity impossible in large swaths of the country, the World Bank said on Sunday in a new report. The World Bank also......

China’s factory, services sectors slump together for first time since 2020

Reuters
A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, as the country is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS Register now for FREE unlimited access to Reuters.com Register BEIJING,......

China industrial profits up, but mired in single-digit growth

Reuters
Workers work beside steel wires at a factory in Beijing, China November 22, 2017. Picture taken November 22, 2017. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register BEIJING, March 28 (Reuters) – Profit growth at China’s industrial firms accelerated in January-February in line with other signs of momentum......

BOJ maintains huge stimulus, warns of growth risks from Ukraine crisis

Reuters
A view of signage outside the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Board keeps interest rate targets unchanged BOJ warns of ‘very high’ uncertainty over Ukraine fallout Gov Kuroda......

Japan posts bigger-than-expected trade gap as energy imports jump

Reuters
Containers are seen at an industrial port in Yokohama, Japan, January 16, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Feb exports rise slower than expected Imports rise faster than expected Feb trade deficit 668.3 bln yen TOKYO, March 16 (Reuters) – Japan reported a wider-than-expected......

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