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September 26, 2021

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China scrambles to fix power crunch, tame runaway raw material markets

Reuters
BEIJING, Sept 24 (Reuters) – Roiled by widening power curbs that have disrupted industrial operations, Chinese commodity producers and manufacturers may finally be getting some relief. Beijing’s top economic planner, the National Development and Reform Commission, said on Friday it will work to resolve the power shortages that have plagued......

Soaring gas prices ripple through heavy industry, supply chains

Reuters
LONDON, Sept 22 (Reuters) – Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers. Some......

Marketmind: Watch those spiralling gas prices

Reuters
Fuel prices are displayed at a gas station in Copacabana beach in Rio de Janeiro, Brazil, September 2, 2021. REUTERS/Ricardo Moraes/Files A look at the day ahead from Sujata Rao. A massive week in monetary policy, with some 16 central banks holding meetings and possibly the first rate hike from......

West African bloc resorts to sanctions over Guinea and Mali coups

Reuters
ACCRA, Sept 16 (Reuters) – West Africa’s main regional bloc on Thursday imposed sanctions against the junta in Guinea and those slowing Mali’s post-coup transition – its toughest response yet to a run of military takeovers. The move was agreed at an emergency summit of the Economic Community of West......

World shares slide on China investment worries

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo U.S. retail sales rose in August Indexes: Dow off 0.18%, S&P down 0.16%, Nasdaq up 0.13% Dollar hits nearly three-week high Gold falls by more than 2% NEW YORK,......

Asian shares fall again, dollar drifts

Reuters
A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei Kato HONG KONG, Sept 16 (Reuters) – Asian shares gave up early gains to fall......

Equities fall as U.S. inflation data raises more questions

Reuters
Wall Street dips as choppy recovery, looming tax hikes weigh Oil turns negative on inflation data, improving storm outlook U.S. yields fall after inflation shows signs of cooling NEW YORK, Sept 14 (Reuters) – Global markets edged lower and the dollar fell on Tuesday after data showed U.S. inflation rose......

BHP aims to have curbed emissions from steelmaking customers by 2050

Reuters
BHP’s logo is projected on a screen during a round-table meeting with journalists in Tokyo, Japan, June 5, 2017. REUTERS/Kim Kyung-Hoon/File Photo MELBOURNE, Sept 14 (Reuters) – BHP Group (BHP.AX) on Tuesday laid out its aim to achieve net zero emissions by 2050 from the operations of its customers by......

World shares at record high as investors count on Fed largesse

Reuters
People are reflected on an electric board showing Nikkei index and its graph outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon Global shares firm after marking record highs for 7 days Nikkei outperforms on hope of economic stimulus Major currencies flat, Aussie eyes......

Global stock benchmark at new high, dollar slips

Reuters
MSCI ACWI, Nasdaq set fresh closing highs Dollar eases, yields gain, gold jumps Non-farm payrolls report misses forecast NEW YORK, Sept 3 (Reuters) – Big tech shares edged higher on Friday, helping a benchmark world stock index post a sixth consecutive closing high, after a weak U.S. jobs report likely......

South Africa’s rand rally comes to halt; stocks drop

Reuters
South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration JOHANNESBURG, Sept 2 (Reuters) – A rally in the South African rand came to a halt on Thursday afternoon, as investors turned cautious ahead of a U.S. jobs report on Friday that could affect......

MORNING BID Currencies at a crossroad – Reuters

Reuters
MORNING BID Currencies at a crossroad Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Asia stocks in cautious mood, dollar near 1-mth lows

Reuters
A man wearing a face mask is seen inside the Shanghai Stock Exchange building, as the country is hit by a novel coronavirus outbreak, at the Pudong financial district in Shanghai, China February 28, 2020. REUTERS/Aly Song Asian stock markets : https://tmsnrt.rs/2zpUAr4 Asia ex-Japan index inches up to 5-week top......

S&P 500 poised for record open as focus turns to economic data

Reuters
A trader works on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly Energy, banking stocks lead early gains August private jobs growth misses expectations Miners track weak copper, iron ore prices lower Futures up: Dow 0.25%, S&P 0.33%,......

Stocks sit near record highs as jobs report looms

Reuters
European shares close lower, Wall Street mixed Asian markets fall on China worries, later rebound Dollar trades near break even, oil slips Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn Graphic: World FX rates http://tmsnrt.rs/2egbfVh NEW YORK/LONDON, Aug 31 (Reuters) – A gauge of global equities headed for its seventh consecutive month of......

Asia shares ease as weak China data weighs

Reuters
An investor looks at an electronic board showing stock information at a brokerage house in Beijing, August 27, 2015. REUTERS/Jason Lee/File Photo Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn Graphic: World FX rates http://tmsnrt.rs/2egbfVh HONG KONG, Aug 31 (Reuters) – Asia stock markets opened lower on Tuesday despite fresh all-time highs on......

PRECIOUS Gold consolidates near one-month peak on cautious Fed

Reuters
Dollar index slips to two-week low UK markets closed for bank holiday European stocks near record highs Silver’s technical picture remains more fragile – analyst Aug 30 (Reuters) – Gold steadied near a four-week high on Monday, consolidating gains after the U.S. Federal Reserve chief Jerome Powell signalled interest rates......

Marketmind: Just a little bit longer

Reuters
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 25, 2021. REUTERS/Staff A look at the day ahead from Julien Ponthus. A consensual takeaway from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Symposium is that investors will be able......

Asian shares rise on dovish Fed prospects but China caps gains

Reuters
A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/File Photo HONG KONG, Aug 30 (Reuters) – Asian shares perked up and......

Peru’s Congress confirms new leftist Cabinet

Reuters
Peru’s President Pedro Castillo walks out the Congress after his swearing-in ceremony, in Lima, Peru July 28, 2021. REUTERS/Angela Ponce/File Photo LIMA, Aug 27 (Reuters) – Peruvian lawmakers on Friday confirmed a new leftist Cabinet nominated by President Pedro Castillo, giving the fledging administration some respite after a contentious first......

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