Inflation data spurs stocks rally, drop in U.S. yields
U.S. inflation cools in February Two-year U.S. Treasury yield set for biggest monthly drop since 2008 S&P 500 records back-to-back quarterly gains NEW YORK, March...
Exclusive: Germans shun deposits abroad on fear of new crisis
Demand for foreign deposits down 15%-20% since SVB collapse Germans seek safety in domestic banks, platforms say Smaller, foreign banks forced to raise rates FRANKFURT,...
Germany at a standstill as huge strike halts planes and trains
Unions launch 24-hour strike, biggest since 1992 Germany’s largest airports suspend flights Workers demand better pay to withstand price rises Inflation at near double digits...
European stocks fall as Deutsche Bank sparks another bank rout
European banks post third week of losses Deutsche Bank among top decliners STOXX down 1.4%, still set for weekly gains March 24 (Reuters) – A...
Banking stocks slide as global investors seek safer shores
March 24 (Reuters) – Banking stocks fell again on Friday, with shares in German giant Deutsche Bank knocked by worries that regulators and central banks...
ECB policymakers spar on rate outlook beyond Feb hike
Knot, Kazimir explicitly back 50 bps hike in March Lagarde sees significant, steady pace rate rise Stournaras, Visco call for caution Inflation high but falling...
More than half of German companies report labour shortages
BERLIN, Jan 12 (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers...
Wall St Week Ahead Stumbling Treasury rally clouds bond market outlook for 2023
NEW YORK, Dec 30 (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history of the asset class are riding...
How 2022 shocked, rocked and rolled global markets
World stocks down 20% in worst year since financial crisis Bond market has been pounded as rates have risen Wild swings in commodity and FX...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...