Yen hits weakest level since 1990, pound down after PM announces resignation
NEW YORK, Oct 20 (Reuters) – The dollar surpassed the symbolic level of 150 yen for the first time since 1990 on Thursday, while the...
U.S. weekly jobless claims fall
Oct 20 (Reuters) – The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, indicating the labor market remains tight even...
Fed says firms gloomier on outlook, but inflation pressures easing
Oct 19 (Reuters) – U.S. economic activity expanded modestly in recent weeks, although it was flat in some regions and declined in a couple of...
German harmonised inflation +10.9% y/y in September
BERLIN, Oct 13 (Reuters) – Germany’s consumer prices, harmonised to compare with other European countries, were 10.9% higher year-on-year in September, the Federal Statistical Office...
“60/40” portfolios are facing worst returns in 100 years: BofA
LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in...
Global equity, bond funds see outflows for eighth successive week
Oct 14 (Reuters) – Global equity and bond funds faced outflows for the eighth time in a row in the week ended Oct. 12, Refinitiv...
JPMorgan CEO warns higher inflation could push U.S. rates above 4.5%
Oct 13 (Reuters) – JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon on Thursday warned that persistent and elevated inflation could spur interest...
Bank of England’s Bailey tells pension funds they have 3 days to rebalance
WASHINGTON, Oct 11 (Reuters) – Bank of England Governor Andrew Bailey told pension fund managers to finish rebalancing their positions by Friday when the British...
BoE doubles potential bond buy-backs as emergency plan nears end
LONDON, Oct 10 (Reuters) – The Bank of England sought to ease concerns about this week’s expiry of its programme designed to calm turmoil in...
Futures fall sharply as jobs data fuels rate-hike worries
Oct 7 (Reuters) – U.S. stock index futures fell sharply on Friday, as data showed bigger-than-expected job additions last month and a drop in the...