(Corrects typographical error in headline) By Gregor Stuart Hunter SINGAPORE (Reuters) -The U.S. dollar held steady against its major peers on Tuesday as global markets awaited the outcome of a White House summit with European nations that could determine the next phase of the war in Ukraine. The dollar index rose 0.31% to 98.122 with…
(Refiles to correct spelling of Macron’s first name in paragraph 12) By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Many world markets took a breather on Monday as investors awaited the outcome of U.S. President Donald Trump’s extraordinary meetings with Ukraine’s Volodymyr…
Did you really think that the mighty U.S. stock market was going to be stopped in its tracks by a measly PPI print, even if it was a blowout? The yield on the U.S. 10-year Treasury bond was down 2 basis points at 4.2732%. One consequence of the hot PPI print is that the market…
Hong Kong is back in the game. After years of silence, the city’s IPO machine is firing on all cylinderspowered by a surge in Chinese capital raising. CATL, China’s battery giant, led the way with a $5.2 billion listing to fund its Hungarian factory supplying Mercedes and BMW. BYD (BYDDF), a major Tesla (NASDAQ:TSLA) competitor,…
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Buoyant stock markets and an event-free Monday are allowing investors to prep for the three big events of the week: Tuesday’s U.S. consumer inflation report, the China trade deadline and Friday’s U.S.-Russia summit in…
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Investors shrugged off last week’s worries over the U.S. economy to drive a powerful, tech-led rebound across global stocks on Monday, although U.S. Treasuries prices held onto Friday’s gains, suggesting a fair degree of…
(Reuters) -BlackRock’s assets under management hit a new high in the second quarter as global markets rallied on the prospect of trade deals and interest-rate cuts from the U.S. Federal Reserve, brushing aside earlier tariff-related jitters. Shares of the company rose 1.1% in premarket trading. A robust labor market, a healthy consumer and hopes that…
ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist World markets were, on the whole, pretty buoyant on Monday as investors shrugged off U.S. President Donald Trump’s latest tariff threats over the weekend and braced for a deluge of top-tier economic data from the U.S. and…
– TRADING DAY -Making sense of the forces driving global markets By Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time off, but the Reuters markets team will still keep you up to date on what markets were focused on today and why they took a breather. I’d love…
As global markets experience mixed performances, with the U.S. indices reaching record highs and Asian markets showing varied results, investors are increasingly turning their attention to potential opportunities in Asia. In this environment, identifying undervalued stocks can be a strategic move for those looking to capitalize on market inefficiencies and economic developments across the region….