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May 23, 2022

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Euro rises with focus on ECB tightening path, Swiss Franc rises

Reuters
Euro rises, focus on rate hike bets Dollar takes a breather after recent gains Swiss Franc at multi-week highs after SNB hawkish turn Graphic: World FX rates May 19 (Reuters) – The euro rose on Thursday as investors priced in the chance of an aggressive near-term tightening path by the......

Japan’s Nikkei 225 rises 1% after data shows economy shrank less than expected in the first quarter

CNBC
CNBC – For more and to sign up click here SINGAPORE — Shares in Asia-Pacific rose in Wednesday morning trade as investors watch for market reaction to comments from U.S. Federal Reserve Chairman Jerome Powell on his resolve to raise rates till inflation comes down. The Nikkei 225 in Japan......

Wall St rises on gains in banks, strong retail sales data

Reuters
A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register Walmart slides after cutting earnings forecast April retail sales rise in-line with estimates Indexes up: Dow 0.91%, S&P 1.23%, Nasdaq 1.60%......

Analysis: Traders ready for wilder swings as rate rises stoke volatility

Reuters
A specialist trader works on the floor of the New York Stock Exchange, August 21, 2015. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON/NEW YORK, May 13 (Reuters) – Traders in the world’s largest markets are having to navigate wild intra-day swings and shrinking deal sizes......

Telefonica quarterly profit tops forecast on price rises, cost cuts

Reuters
The logo of Spanish Telecom company Telefonica is seen during GSMA’s 2022 Mobile World Congress (MWC) in Barcelona, Spain February 28, 2022. REUTERS/Nacho Doce Register now for FREE unlimited access to Reuters.com Register MADRID, May 12 (Reuters) – Spanish telecom company Telefonica (TEF.MC) posted a smaller-than-expected fall in first-quarter net......

10-year Treasury yield rises to its highest level since November 2018

CNBC
CNBC – For more and to sign up click here U.S. Treasury yields rose Monday and the benchmark 10-year climbed to its highest level since November 2018 amid concerns of surging inflation pressures and slowing economic growth. The yield on the 10-year Treasury note punched above 3.17% but was last......

Oil rises, defying stock market falls as supply concerns persist

Reuters
Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register U.S. plans to buy back 60 mln barrels for emergency stockpile U.S. Senate......

DoorDash rises after reporting 35% sales growth

CNBC
CNBC – For more and to sign up click here Tony Xu, co-founder and chief executive officer of DoorDash Inc. David Paul Morris | Bloomberg | Getty Images DoorDash stock rose over 10% in extended trading after the company reported 35% revenue growth in the first quarter, suggesting that the......

NYSE-owner ICE eyes mortgage market reform as profit rises

Reuters
A trader walks below screens showing the current price of Intercontinental Exchange (ICE) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson Register now for FREE unlimited access to Reuters.com Register May 5 (Reuters) – New York Stock Exchange owner......

Prepay energy customers disconnect over price rises

BBC
https://www.bbc.co.uk/news/business-61270970?at_medium=RSS&at_campaign=KARANGA Energy firm Utilita has over 800,000 customers, most of them on prepayment smart meters. At the company’s headquarters in Eastleigh, Hampshire, the customer call centre has had a busy month, with a 60% increase in call volumes compared to last April, and 40% more applications for interest free loans.......

Twitter user growth rises but weak sales highlight Musk challenges

Reuters
April 28 (Reuters) – Twitter Inc (TWTR.N) on Thursday reported revenue and ad sales that fell short of expectations and were depressed by the ongoing war in Ukraine, laying out the challenges billionaire Elon Musk will face if he takes over the social media company. The company also reported 12......

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