Dollar climbs as upbeat U.S. data stokes rate hike bets

LONDON/HONG KONG (Reuters) – The dollar jumped on Wednesday, as strong U.S. retail sales data fuelled bets on earlier Federal Reserve rate hikes, while shares in Europe made slim gains after Asian markets had wobbled on worries about COVID-19.FILE PHOTO:

Explainer-China's embattled developer Kaisa Group and the chairman behind it

HONG KONG (Reuters) – After cash-strapped developer China Evergrande here Group once again averted a destabilising default this week, investor focus is shifting to other Chinese developers with offshore payments coming due, especially Kaisa Group.FILE PHOTO: A picture shows the

Marketmind: Melt up?

A look at the day ahead from Sujata Rao.FILE PHOTO: A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermidIs this a melt-up? As confidence grows that the world’s

Stocks guarded ahead of U.S. inflation test

SYDNEY/MILAN (Reuters) – World shares steadied near record peaks on Monday as risk assets found support from an upbeat U.S. October payrolls report, but they face another test later in the week from a reading on U.S. inflation.FILE PHOTO: A

Currencies wait for RBA to kick off big central bank week

SINGAPORE (Reuters) – The dollar hovered below recent highs on Tuesday as traders waited for the Reserve Bank of Australia to lead a handful of central bank meetings set to define the rates outlook this week.FILE PHOTO: A Japan Yen

Yen and euro under pressure ahead of central bank meetings

HONG KONG (Reuters) – The yen and euro were on the backfoot in early trading on Thursday as traders looked for possible catalysts from policy meetings by the Bank of Japan and European Central Bank.FILE PHOTO: A Japan yen note

Asian shares advance on earnings optimism, yen slips to 4-yr low

TOKYO (Reuters) – Asian shares advanced on Wednesday and U.S. long-dated bond yields edged up to a five-month high on rising optimism about the global economy and corporate earnings, while the yen slipped to a four-year low on the dollar.FILE