European stocks struggle ahead of US jobs data.

LONDON, July 8 (Reuters) – European stocks opened slightly lower on Friday and struggled for gains after the shooting of Japan’s former prime minister sent Asian stocks sliding as investors awaited key jobs data. in the United States later in the session. Investor sentiment had been positive earlier in the session, which analysts said was … Read more

Crypto Lender Voyager Digital Files for Bankruptcy

Stephen Ehrlich, CEO and co-founder of Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record Jul 6 (Reuters) – US crypto lender Voyager Digital (VOYG.TO) said Wednesday that it has filed … Read more

Oil Prices Rebound From Tuesday’s Decline as Supply Concerns Return

Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File photo Sign up now for FREE unlimited access to Reuters.com Record Oil rises nearly 3% before paring some gains Rate Hikes, Recession Fears Still Cap Price Gains: Analyst China reports new COVID cases across … Read more

S&P 500 closes the book on its steepest first-half decline since 1970

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record US May Consumer Spending Up Moderately; inflation stays hot Nasdaq records largest percentage drop in January-June Indices down: Dow 0.82%, S&P 0.88%, … Read more

Oil Prices Rise Ahead of G7 Talks on New Russian Sanctions

Crude oil storage tanks are seen at the Kinder Morgan Terminal in Sherwood Park, near Edmonton, Alberta, Canada, November 14, 2016. REUTERS/Chris Helgren Sign up now for FREE unlimited access to Reuters.com Record LONDON, June 27 (Reuters) – Oil prices rose in a volatile session on Monday as investors awaited any moves against Russian oil … Read more

EU plans for a life without Russian gas amid rising inflation

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, … Read more

Stocks moderate their inflation expectations due to the blow to copper

S&P futures up 0.9%, European stocks gain 1.5% MSCI Global Shares Target 2.5% Weekly Gain Copper falls more than 7% in the week, oil falls 2% German 10-year bond yield falls 4 bps LONDON, June 24 (Reuters) – Global stocks were headed for their first weekly gain in a month and Wall Street was set … Read more

Latest Crypto Crash Leaves Punters Bruised and Bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings and earn some spending money from its double-digit interest rates along the way. “I was probably making $100 a week” at places like Celsius, said Fong, a 29-year-old civil aerospace worker who lives … Read more

Crypto Industry Fears Contagion as Bitcoin Drops Below $20,000

Representations of the virtual currencies Ripple, Bitcoin, Etherum and Litecoin are seen on a PC motherboard in this illustration image, February 14, 2018. REUTERS/Dado Ruvic/File photo Sign up now for FREE unlimited access to Reuters.com Record LONDON/HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday as Bitcoin struggled to stay … Read more

Fed’s Waller backs another big rate hike to fight inflation

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, U.S., June 14, 2022. REUTERS/Sarah Silbiger Sign up now for FREE unlimited access to Reuters.com Record June 18 (Reuters) – Federal Reserve Governor Christopher Waller on Saturday became the latest U.S. central banker to pledge to do whatever it … Read more