Studying the market tea-leaves for international recession dangers

A Wall Road signal outdoors the New York Inventory Trade in New York Metropolis, New York, US, October 2, 2020. REUTERS / Carlo Allegri // File Photograph Register now for FREE limitless entry to Reuters.com Register LONDON, June 24 (Reuters) – The quickest rate-hiking cycle in a long time and inflation nearing double-digits has acquired … Read more

US greenback slides as markets re-evaluate Fed price path

US greenback banknotes are displayed on this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now for FREE limitless entry to Reuters.com Register The US greenback is tempo for the first weekly decline this month US price hike bets pare again aggressive Fed tightening path US new house gross sales rise; Michigan sentiment … Read more

US bans gross sales of Juul e-cigarettes, firm to hunt keep on enforcement

June 23 (Reuters) – Gross sales of Juul e-cigarettes have been blocked by the U.S. Meals and Drug Administration on Thursday, in a serious blow to the as soon as high-flying agency whose merchandise have been tied to a surge in teenage vaping. The company stated the functions “lacked adequate proof” to indicate that sale … Read more

Shares and oil tumble as recession fears mount

European shares, US futures tumble as risk-on temper evaporates Oil costs hunch over 4% forward of anticipated Biden measure Bond yields drop however euro zone spreads widen Greenback bulls pound yen to new 24-year low Graphic: International asset efficiency LONDON, June 22 (Reuters) – World inventory markets and oil costs hit the skids on Wednesday … Read more

Unique: Contained in the hangar on the heart of the $ 1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their home windows taped and engines lined in a floodlit hangar within the Gulf, hobbled by a world authorized dispute between European industrial large Airbus (AIR.PA) and Qatar’s nationwide service. From a distance, the planes may look like another long-haul jetliners crowding … Read more

Crypto’s newest meltdown leaves punters bruised and bewildered

LONDON / MUMBAI / ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was a perfect place to stash his digital forex holdings – and earn some spending cash from its double-digit rates of interest alongside the best way. “I used to be most likely incomes $ 100 every week,” at websites … Read more

Western Europeans wilt in early summer season heatwave, compounding local weather change fears

Spaniards swelter as temperatures head for above 40 Celsius Out of doors occasions stopped in a part of France, drought hits Italy Even hats off allowed at upmarket British horse-racing occasion MADRID / PARIS, June 17 (Reuters) – Spain headed for its hottest early summer season temperatures in 4 many years on Friday, one space … Read more

Shares resume slide on progress fears as Swiss, UK hike charges

NEW YORK, June 16 (Reuters) – World shares resumed their slide on Thursday and authorities bonds hovered at multi-year highs after a sequence of fee rises from world central banks rekindled fears that aggressive coverage tightening may drag economies into recession. Following a reduction rally on Wednesday when traders cheered the Federal Reserve’s aggressive transfer … Read more