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:

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

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

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

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

World shares dip as China growth disappoints, oil extends rally

MILAN (Reuters) – World shares dipped on Monday after data showed slower-than-expected growth in China’s economy last quarter and surging oil prices fed inflation concerns.FILE PHOTO: A woman goes past the Italian Stock Exchange in Milan, as the country is

Stocks and bonds reel under stagflation threat

LONDON (Reuters) – A selloff in global stocks extended into Tuesday on signs that soaring energy prices had put a dampener on economic growth, while inflation and policy-tightening fears sent short-dated U.S. Treasury yields to 18-month highs.FILE PHOTO: The London

Asian shares fall with oil at multi-year highs, U.S. yields surge

HONG KONG (Reuters) – Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs.Slideshow ( 2 images )MSCI’s broadest index of Asia-Pacific

Rising Treasury yields hit tech stocks; oil at 3-year highs

NEW YORK (Reuters) – U.S. government borrowing costs advanced for a sixth week on Monday, hurting tech stocks, on bets that higher interest rates were on the way, while energy shares rose as oil prices hit three-year highs.FILE PHOTO: People