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July 11, 2020

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Reuters - Business

World stock markets slip on second wave virus fears, safe-havens rise

Reuters
by Reuters033
NEW YORK/LONDON (Reuters) – Global stock markets fell on Thursday as a continued rise in the number of coronavirus cases dashed hopes of a swift recovery from the pandemic-induced economic slump and drove demand for safe-haven currencies such as the dollar and Japanese yen. Traders wear masks as they work......
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Reuters - Business

Stocks drift as second wave virus fears mount

Reuters
by Reuters017
LONDON/TOKYO (Reuters) – Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. FILE PHOTO: A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district,......
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Reuters - Business

Stocks grind higher on recovery hopes

Reuters
by Reuters015
LONDON/SYDNEY (Reuters) – Europe’s shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery standing firm against a resurgence of global coronavirus cases. FILE PHOTO: Pedestrians leave and enter the London Stock Exchange in London,......
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Reuters - Business

Stimulus splurge restarts stocks rally

Reuters
by Reuters020
LONDON (Reuters) – The global stocks rally was back on track on Tuesday, with more support from the Federal Reserve and the Bank of Japan helping end a bumpy few days for financial markets. FILE PHOTO: A man wearing a protective face mask walks past the London Stock Exchange Group......
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Reuters - Business

Dollar slips, stocks fall ahead of Fed meeting

Reuters
by Reuters016
NEW YORK (Reuters) – The dollar slid to a three-month low and a gauge of global equities edged lower on Wednesday as investors awaited news at the end of a two-day meeting of the Federal Reserve and its plans to strengthen a nascent U.S. economic recovery. FILE PHOTO: Traders wear......
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Reuters - Business

Prepping portfolios for next market storm? Not just gold and govvies

Reuters
by Reuters011
LONDON (Reuters) – G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider pool of assets to better balance investment portfolios during stressful times. FILE PHOTO: Traders wear masks as they work on the floor of the New......
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Reuters - Business

Global stocks and euro surge ahead of U.S. jobs data

Reuters
by Reuters024
LONDON/SYDNEY (Reuters) – World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes for a global rebound. FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16,......
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Reuters - Business

Shares, euro climb on robust risk appetite as lockdowns ease

Reuters
by Reuters012
NEW YORK (Reuters) – A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, indicating strong risk appetite as easing lockdowns and hopes for more monetary stimulus boosted investor confidence. FILE PHOTO: Traders wear masks as they work on......
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Reuters - Business

Global shares hit three-month highs on economic recovery hopes

Reuters
by Reuters021
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO – A general view shows the......
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Reuters - Business

Global shares hit 3-month highs on economic recovery hopes

Reuters
by Reuters020
LONDON (Reuters) – World shares hit three-month highs on Wednesday and the dollar fell for the sixth day running as easing lockdowns and hopes for more monetary stimulus gave investors confidence, despite civil unrest in the United States and rising COVID-19 tolls. FILE PHOTO: Investors look at screens showing stock......
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Reuters - Business

Global shares cruise to three-month highs, dollar shows the strain

Reuters
by Reuters019
LONDON (Reuters) – World stocks climbed towards three-month highs on Tuesday as the global coronavirus recovery effort won out over U.S.-China tensions and the worst civil unrest in the United States in decades. FILE PHOTO – The German share price index DAX graph is pictured at the stock exchange in......
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Reuters - Business

Stocks scale 3-month peak, dollar sags on reopening joy

Reuters
by Reuters022
LONDON (Reuters) – World stocks were just shy of three-month highs and the dollar weakened further on Monday as optimism on economies opening up boosted risk appetite, shrugging off worries over riots in the U.S. and unease over Washington’s power struggle with Beijing. FILE PHOTO – The German share price......
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Reuters - Business

Stocks rebound on relief at Trump’s response to China over Hong Kong

Reuters
by Reuters014
NEW YORK (Reuters) – A gauge of global equities rebounded and crude oil rose on Friday after U.S. President Donald Trump ordered an end to Washington’s special treatment of Hong Kong, a move investors welcomed as unlikely to jeopardize a trade accord with China. Traders wearing masks work inside posts,......
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Reuters - Business

Stocks slip as investors await Trump’s Hong Kong response

Reuters
by Reuters031
LONDON (Reuters) – Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London,......
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Reuters - Business

Global stocks slip as investors await Trump’s Hong Kong response

Reuters
by Reuters020
LONDON (Reuters) – Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London,......
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Reuters - Business

Lithium producers must wait as pandemic slows electric vehicle revolution

Reuters
by Reuters023
JOHANNESBURG/HOUSTON (Reuters) – The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. FILE PHOTO: A parking sign for electric vehicles is pictured, where U.S. electric vehicle pioneer Tesla announced to build......
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Reuters - Business

World shares reach 10-week high, S&P 500 eyeing 3000

Reuters
by Reuters028
LONDON/SYDNEY (Reuters) – World shares forged ahead on Tuesday and commodity markets drove higher as well, as investors disregarded Sino-U.S. tensions to focus on more stimulus in China and a re-opening world economy. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December......
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Reuters - Business

German sentiment survey boosts stocks, Europe focuses on recovery fund

Reuters
by Reuters027
LONDON (Reuters) – Stocks gained modestly on Monday with many countries on holiday as German business morale rebounded strongly in May, offering a glimpse of optimism to battered investors of what lay beyond weeks of economic lockdowns. The German share price index DAX graph is pictured at the stock exchange......
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Reuters - Business

German survey fuels stock gains, euro investors eye EU summit

Reuters
by Reuters019
LONDON (Reuters) – Stocks gained modestly on Monday after a survey showed German business morale rebounded in May, while investors kept a close eye on escalating U.S.-China tensions in a thin trading session. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May......
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Reuters - Business

Hong Kong tensions rattle world stock markets, oil tumbles

Reuters
by Reuters015
NEW YORK/LONDON (Reuters) – Oil prices tumbled and global equity markets fell on Friday as China’s move to impose a new security law on Hong Kong further strained U.S.-China relations and clouded economic recovery prospects. FILE PHOTO: Floor traders work space is seen on the trading floor after the closing......
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