Chinese Easing, Europe Data Shocks, Palo Alto Earnings – What’s Moving Markets
A modest bit of monetary easing in China triggers a short-covering bounce in the U.S., but stocks are still on course for their lowest weekly close si [...]
Tunisia’s current account deficit to widen to 10% of gdp in 2022
Tunisia's current account deficit is expected to widen to around 10% of GDP in 2022, against 6.8% initially forecast, the central bank governor said o [...]
US Households Own Roughly 1/3 of Global Crypto Market – Goldman Sachs
The global market for cryptocurrencies has lost around 1 trillion during the most recent selloff that saw Bitcoin (BTC) prices lose almost 60% in valu [...]
BlackRock’s iShares to close MSCI Russia, eastern Europe funds due Ukraine
BlackRock's iShares will close its MSCI Russia and MSCI Eastern Europe exchange-traded funds, BlackRock (NYSE:BLK) said on Friday, joining several oth [...]
Exclusive-Europe aims to revive magnesium output by 2025 to cut China reliance
EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminium and steel products, with at least three firms working [...]
Dollar loses steam after weeks-long rally
The U.S. dollar was headed for its worst week since early February versus major peers on Friday, as some of the heat faded from the currency's breakne [...]
Tesla cut from S&P 500 ESG Index, and Elon Musk tweets his fury
An S&P Dow Jones Indices executive told Reuters on Wednesday it has removed electric carmaker Tesla (NASDAQ:TSLA) Inc from the widely followed S&P 500 [...]
McDonald’s to sell Russia business to current licensee
McDonald's Corp on Thursday reached a deal to sell its Russia restaurants to its current licensee Alexander Govor and said the outlets would operate u [...]
Dow Futures Down 320 Pts; Economic Slowdown Fears Weigh
U.S. stocks are seen opening lower Thursday, continuing the previous session’s broad selloff as evidence of reduced consumer spending in the face of s [...]
ECB accounts show debate over speed of policy tightening
European Central Bank policymakers expressed widespread concern about the spread of inflation and the only major debate appears to be just how fast an [...]