The German Central Bank (Bundesbank) presents the 50 euro banknote at its headquarters in Frankfurt, Germany, March 16, 2017. REUTERS/Kai Pfaffenbach LONDON (Reuters) – The euro edged higher for a third consecutive day on Friday as investment flows propped up ... More »
Sterling was flat on the day at $1.3115, nursing losses after it skidded in the previous session against a backdrop of political turmoil as British lawmakers this week debate the U.K. government's plans for leaving the European Union. More »
With the announcement of Jerome Powell as the new Federal Reserve Chair, banks are likely to see a battle between a boost from deregulation supported by the new Fed leader and the challenge of a flattening yield curve as monetary policy is likely to remain on ... More »
The dollar edged away from last week's three-month highs on Monday, while the euro nursed losses after the European Central Bank and unrest in Spain's Catalonia led it to post its worst week this year. More »
U.S. economic growth probably slowed in the third quarter as hurricanes Harvey and Irma restrained consumer spending and undercut construction activity, but underlying momentum likely remained strong amid robust business investment on equipment. More »
The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »
Japanese Prime Minister Shinzo Abe's convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain's constitutional crisis that weighed on the country's banks. More »
World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. More »
World stocks rose for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar headed for its worst week in five as investors awaited U.S. inflation data. More »
Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve's loose monetary policy. More »
U.S. job growth probably slowed further in September as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms undercut economic activity in the third quarter. More »
American International Group Inc (AIG.N) poses less of a threat to financial stability because it shrank its assets by more than $500 billion, Federal Reserve Chair Janet Yellen said on Monday in explaining why she voted in favor of releasing the company from ... More »
U.S. fund investors gorged on gold and traded stocks for cash during the latest week, showing caution even as markets trend higher, Lipper data showed on Thursday. More »
The S&P and the Dow were set to open at record highs on Monday as appetite for riskier assets improved on easing tensions on the Korean peninsula and ahead of the Federal Reserve's meeting that could unveil plans to trim its bloated balance sheet. More »
Bayliss and Jeff Mason More »
The unexpected resignation of America's No. 2 central banker on Wednesday only complicates decision-making by global investors and business leaders already worried that international economic expansion may be short-lived, according to U.S. money manager Richar... More »
U.S. gasoline futures rose to a two-year high on Monday as Tropical Storm Harvey pummeled the heart of America's energy sector, while the euro hit a 2-1/2-year peak after the European Central Bank president refrained from talking down the currency. More »
Asian shares were fragile on Monday as investors remained unconvinced about U.S. President Donald Trump's ability to fulfill his economic agenda, even as the departure of his controversial policy strategist raised hopes of some progress. More »
The dollar steadied on Monday, edging away from four-month lows against the yen plumbed in the previous session as investors turned their focus from political turmoil in Washington to the Federal Reserve's annual central banking conference in Wyoming. More »
U.S. Sen. Elizabeth Warren (D-MA) speaks as the Democratic party leadership unveils their “Better Deal” for America in Berryville, Virginia, U.S., July 24, 2017. U.S. Senator Elizabeth Warren called on Federal Reserve Chair Janet Yellen to remove members of We... More »
Following are five themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 12, 2017. U.S. stock index futures were little changed on Monday as investors treaded water ahead of a busy earnings week from big U.S. companies. More »
FILE PHOTO – Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 5, 2017. U.S. stock index futures were higher on Wednesday ahead of Federal Reserve Chair Janet Yellen’s testimony to Congress. More »
People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. The dollar was stuck near its lowest level in more than a year against the euro on Wednesday while stocks edged higher in light trading ahead of Janet Yellen’s testi... More »
A U.S. five dollar note is seen in this picture illustration June 2, 2017. The U.S. dollar fell against the yen and languished at 14-month lows against the euro on Wednesday ahead of Federal Reserve Chair Janet Yellen’s appearance in Congress to give testimony... More »
People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Monday thanks to a robust Wall Street performance at the end of last week, while the... More »
FILE PHOTO: Bank of Canada Governor Stephen Poloz (L) speaks with Bank of England governor Mark Carney as they gather for a family photo after a meeting of G-20 finance ministers and central bank governors during the IMF-World Bank annual meetings in Washingto... More »
FILE PHOTO: San Francisco Federal Reserve President John Williams speaks to Reuters in San Francisco, California, U.S. on September 27, 2016. REUTERS/Stephen Lam/File Photo With the U.S. economy at full employment and inflation set to hit the Federal Reserve’s... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 13, 2017. REUTERS/Staff/Remote Stocks rose on Wednesday, but worries about stretched valuations and caution before a near-certain rate hike by t... More »
San Francisco Federal Reserve President John Williams said on Monday that medium-term trends in inflation remain “pretty favorable,” despite some recent soft U.S. consumer price data. More »
Gary Cohn, director of the National Economic Council, takes part in a strategic and policy CEO discussion with President Trump in the Eisenhower Executive Office Building in Washington. REUTERS/Joshua Roberts Bayliss More »
FILE PHOTO: U.S. President Donald Trump delivers remarks at the National Republican Congressional Committee March Dinner in Washington, U.S., March 21, 2017. REUTERS/Carlos Barria/File Photo Highlights for U.S. President Donald Trump’s administration on Thursd... More »
FILE PHOTO: Federal Reserve Chair Janet Yellen speaks during a news conference after a two day Federal Open Market Committee (FOMC) meeting in Washington, U.S., March 15, 2017. REUTERS/Yuri Gripas/File Photo At first glance, U.S. President Donald Trump and Fed... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 13, 2017. REUTERS/Brendan McDermid Wall Street indexes fell along with U.S. Treasury yields on Thursday on safe-haven demand spurred by geopolitical worries, and the U.S. ... More »
FILE PHOTO: Light is cast on a U.S. one-hundred dollar bill next to a Japanese 10,000 yen note in this picture illustration shot February 28, 2013. REUTERS/Shohei Miyano/Illustration/File Photo The yen hit five-month highs against the dollar, euro and sterling... More »
A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Investors ducked for cover on Wednesday as a drumbeat of alarming geopolitical news sent the safe-haven yen and gold to five... More »
With the U.S. workforce nearly fully employed and inflation heading toward 2 percent, the Federal Reserve should raise interest rates two more times this year and continue work on a plan to gradually trim its massive balance sheet, Dallas Federal Reserve Bank ... More »
Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Wednesday he expec... More »
A man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. REUTERS/Toru Hanai Asian stocks consolidated recent gains on Wednesday before a U.S. central bank policy meeting that coul... More »
FILE PHOTO: Federal Reserve Chair Janet Yellen delivers semiannual monetary policy testimony during a House Financial Services Committee hearing on Capitol Hill in Washington, U.S. on February 15, 2017. REUTERS/Yuri Gripas/File Photo The Federal Reserve is exp... More »
FILE PHOTO – A police officer keeps watch in front of the U.S. Federal Reserve in Washington, DC, U.S. on October 12, 2016. REUTERS/Kevin Lamarque/File Photo U.S. household wealth has hit record levels. U.S. stock prices recently hit all-time highs. Inflation ... More »
People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares rose on Monday, taking their cue from gains on Wall Street after strong U.S. job data, t... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 8, 2017. REUTERS/Brendan McDermid U.S. stocks looked set to open higher on Friday after an upbeat monthly jobs report underscored the strength of the U.S. economy and firm... More »
People wait in line to enter the Nassau County Mega Job Fair at Nassau Veterans Memorial Coliseum in Uniondale, New York, U.S. October 7, 2014. REUTERS/Shannon Stapleton/File Photo U.S. job growth increased more than expected in February and wages rose steadil... More »
FILE PHOTO: Bill Gross speaks at the Morningstar Investment Conference in Chicago, Illinois, June 19, 2014. REUTERS/Jim Young Bond investor Bill Gross warned on Thursday that investors should not be tempted into buying high-flying equities and corporate bonds,... More »
Workers look at a drilling rig of the Rosneft-owned Prirazlomnoye oil field outside Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin/File Photo Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid wo... More »
FILE PHOTO: A teller holds U.S. $100 dollar at a bank in Taipei, Taiwan February 23, 2017. Picture taken February 23, 2017. REUTERS/Tyrone Siu/File Photo The dollar slipped in Asian trading on Monday, as investors locked in gains after its rise last week on gr... More »
People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, November 18, 2016. REUTERS/Toru Hanai U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain pro... More »
A man walks past an electronic board showing stock prices outside a brokerage in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon The dollar clung to broad gains on Friday as the risk of an imminent U.S. interest rate hike slugged sovereign bonds and comm... More »
William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expe... More »
A woman walks past electronic boards showing stock prices outside a brokerage in Tokyo, Japan, January 20, 2017. REUTERS/Kim Kyung-Hoon Asian stocks steadied on Thursday after earlier losses, aided by a weaker dollar as markets studied Federal Reserve meeting ... More »
A bank employee counts one hundred dollar notes at a bank in Seoul February 26, 2009. REUTERS/Lee Jae-Won (SOUTH KOREA) The dollar drifted on Thursday as impact from the Federal Reserve’s policy meeting minutes and supportive comments from a top U.S. official ... More »
A trader walks past the German DAX Index board on the trading floor at the Frankfurt stock exchange in Frankfurt, Germany, February 15, 2017. REUTERS/Ralph Orlowski Global stocks hit record highs on Wednesday, pushing gains for the year above those for all of ... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration The dollar rose broadly on Tuesday after two Federal Reserve policymakers pointed to the potential for U.S. interest rates to ri... More »
The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bimonthly monetary policy review in Mumbai, India December 7, 2016. REUTERS/Danish Siddiqui/File Photo Denny Jose, a small-town caterer in the southern Indian state ... More »
A pedestrian stands to look at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo, Japan, February 26, 2016. REUTERS/Yuya Shino Asian stock markets took a breather on Friday from their recent surge as investo... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration The dollar wallowed near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with underlyin... More »
FILE PHOTO – Traders works on the floor of the New York Stock Exchange (NYSE) as a television screen displays coverage of U.S. Federal Reserve Chairman Janet Yellen, in New York, U.S., December 14, 2016. REUTERS/Lucas Jackson Try to hide wherever you like but ... More »
FILE PHOTO – A drop of diesel is seen at the tip of a nozzle after a fuel station customer fills her car’s tank in Sint Pieters Leeuw December 5, 2014. REUTERS/Yves Herman Oil slipped further below $56 a barrel on Wednesday as an industry report showing a larg... More »
United States one dollar bills are seen on a light table at the Bureau of Engraving and Printing in Washington in this November 14, 2014, file photo. REUTERS/Gary Cameron/Files The dollar ground out an 11th straight daily rise on Wednesday, as investors’ focus... More »
Federal Reserve Chair Janet Yellen holds a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016. REUTERS/Gary Cameron Federal Reserve Chair Janet Yellen goes to Congress on Tuesday for the... More »
A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai Asian shares inched to 19-month highs on Tuesday as the potential for economic stimulus in the United States underpinned the dollar, bond yields and ... More »
FILE PHOTO – An employee checks U.S. dollar bank-notes at a bank in Hanoi, Vietnam August 12, 2015. REUTERS/Kham The dollar extended losses on Tuesday after President Donald Trump’s national security adviser Michael Flynn quit, with investors waiting to see wh... More »
A computer screen showing stock graphs is reflected on glasses in this illustration photo taken in Bordeaux, France, March 30, 2016. REUTERS/Regis Duvignau That the Trump agenda is good for banks is self-evident- that shareholders will get their cut is a lot l... More »
A U.S. one-hundred dollar bill (C) and Japanese 10,000 yen notes are spread in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei Miyano The dollar rose to a two-week high versus the yen on Monday, with the market breathing a sigh of relief ... More »
DAY 8 / JANUARY 27: Trump’s order to restrict people from seven Muslim-majority countries from entering the United States sparked confusion and anger after immigrants and refugees were kept off flights and left stranded in airports. REUTERS/Carlos Barria Presi... More »
People are seen behind an electronic board showing stock prices after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon The dollar sli... More »
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, January 4, 2017. REUTERS/Staff/Remote Sterling slid to three-month lows in Asia on Monday with investors spooked anew by concerns over... More »
A man looks at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo, Japan, November 16, 2016. REUTERS/Toru Hanai Asian shares slipped to four-week lows on Monday as the prospect of higher U.S. interest rates a... More »
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration The dollar rose to its highest since February against the yen on Monday as U.S. bond yields climbed on the back of expectations ... More »
A police officer keeps watch in front of the U.S. Federal Reserve in Washington October 12, 2016. REUTERS/Kevin Lamarque/File Photo The Federal Reserve inaugurates the Trump era this week with a near-certain interest rate increase and new economic forecasts pr... More »
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo The dollar held near 13 1/2-year highs against a currency basket in Asian trading on Monday, as invest... More »
The Federal Reserve Building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo Clues on future U.S. policy under Donald Trump rather than economic data are likely to dominate minds and markets in the week ahead, given a U.S. interest rate h... More »
U.S. President elect Donald Trump speaks at election night rally in Manhattan, New York, U.S., November 9, 2016. REUTERS/Mike Segar/File Photo After Donald Trump’s unexpected victory in the U.S. presidential election, investors may refocus in the coming week o... More »
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo The dollar inched up to a seven-month high against a basket of c... More »
FILE PHOTO – A man walks in front of a screen showing today’s movements of Nikkei share average outside a brokerage in Tokyo, Japan, June 2, 2016. REUTERS/Issei Kato Asian shares fell on Monday while the dollar held firm near seven-month high after comments fr... More »
Boston Fed President Eric Rosengren speaks during the Sasin Bangkok Forum in this July 9, 2012 file photo. REUTERS/Sukree Sukplang By the middle of next year, Federal Reserve Bank of Boston President Eric Rosengren says he expects unemployment to fall to 4.7 p... More »
Jeffrey Gundlach, Chief Executive Officer, DoubleLine Capital LP., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid Federal Reserve Chair Janet Yellen’s speech on Friday on running a “high pressure” economy ... More »
Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo The dollar firmed on Tuesday, while the beleaguered sterling wal... More »
Wells Fargo CEO John Stumpf testifies before the House Financial Services Committee on Capitol Hill in Washington, DC, U.S. September 29, 2016. REUTERS/Gary Cameron U.S. lawmakers called on Thursday for Wells Fargo & Co chief John Stumpf to resign and a top Ho... More »
U.S. Federal Reserve Chair Janet Yellen speaks during a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, DC, U.S. on March 16, 2016. REUTERS/Kevin Lamarque/File Photo Market volatility is low, U.S. census... More »
A man walks past at an electronic board showing the Japanese yen’s exchange rate against British pound (R) and Euro outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato Asian shares advanced on Monday as markets wagered the U.S. Federal Reserv... More »
Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo The dollar rose to a three-week high against the yen on Monday after senior Federal Reserve officials ... More »
A man walks past a screen displaying the Nikkei average outside a brokerage in Tokyo, Japan, June 24, 2016. REUTERS/Thomas Peter Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indic... More »
A picture illustration of crumpled kuna, Dollar and euro banknotes, taken in Zagreb January 18, 2011. REUTERS/Nikola Solic Central bankers in charge of the vast bulk of the world’s economy delved deep into the weeds of money markets and interest rates over a t... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 23, 2016. REUTERS/Brendan McDermid Investors trimmed risk assets before a gathering of central bankers on Friday, pulling $6.4 billion from U.S.-based stock funds in... More »
By Anirban Nag | LONDON LONDON The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve interest rate hike this year. The U.S. currency was 0.2 percent lower at 101.12 yen JPY= after losing 0.6 percent ... More »
TOKYO An index of Asian shares gained on Thursday while the dollar eased slightly after the Federal Reserve signaled that interest rates would rise more slowly than markets had expected. Spreadbetters, however, expected Greek debt matters to reclaim the spotli... More »
SINGAPORE/SYDNEY The dollar hit a one-month low on Thursday, staying on the defensive after the head of the Federal Reserve disappointed some who had hoped for a clearer signal on when the central bank will lift interest rates. Instead, Fed Chair Janet Yellen ... More »
NEW YORK The key borrowing costs the U.S. Federal Reserve targets to achieve its interest rate objective rose to its highest level in over two years as traders await for clues whether the central bank would raise rates later this year. The federal funds rate, ... More »
NEW YORK The sharp bond market selloff is starting to pinch American consumers and companies, causing a mild economic tightening that, if sustained, could raise alarms at the Federal Reserve and even delay a plan to hike interest rates in coming months. U.S. m... More »
NEW YORK Last July, when Federal Reserve Chair Janet Yellen spurred a sell-off in healthcare stocks by saying that valuations in shares of biotech companies looked “stretched,” portfolio manager Graham Tanaka saw an opportunity. After a year-long buying spree,... More »
TOKYO Asian shares edged higher on Monday but gains were capped by concerns that market volatility may intensify as the U.S. central bank prepares to raise interest rates for the first time in six years. U.S. Federal Reserve Chair Janet Yellen indicated on Fri... More »
NEW YORK Investors worldwide pulled $17.2 billion out of stock funds in the week ended May 6, marking the biggest outflows of the year on concerns about the U.S. economy and U.S. share prices, data from a Bank of America Merrill Lynch Global Research report sh... More »
WASHINGTON/NEW YORK (Reuters) – U.S. Federal Reserve Chair Janet Yellen met with a research firm that later published confidential information from the central bank, she said on Monday. Yellen met with Medley Global Advisors in June 2012, she said in a letter,... More »
