Wealth Growth Daily

Europe

Analysis-Soaring UK bond yields don’t herald repeat of ‘mini-budget’ chaos

BY Reuters  • June 15, 2023June 15, 2023
By Yoruk Bahceli and David Milliken LONDON (Reuters) – Britain’s government bond market has seen its heaviest sell-off since last autumn’s “mini-budget” crisis, lifting t[...]
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Business Economy Europe Politics UK

Marketmind: The ECB won’t throw a curve ball

BY Reuters  • June 15, 2023June 15, 2023
A look at the day ahead in European and global markets from Vidya Ranganathan After a slight jolt overnight from the hawkishness surrounding the Fed’s pause, investors can afford to be relaxed a[...]
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Business Economy Europe UK

Stocks rise, dollar pares losses after Fed signals more hikes ahead

BY Reuters  • June 14, 2023June 14, 2023
By Sinéad Carew (Reuters) – MSCI’s global equity index closed slightly higher on Wednesday after a volatile afternoon while the dollar cut its losses after the U.S. Federal Reserve paused[...]
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Asia Australia Business Economy Europe Top News Updated US

US dollar falls, but off four-week lows, as Fed signals more rate hikes

BY Reuters  • June 14, 2023June 14, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates steady, as expected, but signaled that borrowing costs will incre[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Oil drops 1.5% as Fed projects more rate hikes this year

BY Reuters  • June 14, 2023June 14, 2023
By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate hikes this year, worrying markets about demand just hours af[...]
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Business Economy Europe Middle East UK Updated US

Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault

BY Reuters  • June 14, 2023June 14, 2023
By Mimosa Spencer PARIS (Reuters) – The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and h[...]
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Business Economy Europe Sports Updated

Macron to meet Elon Musk in Paris to talk Tesla investment

BY Reuters  • June 14, 2023June 14, 2023
By Michel Rose (Reuters) – French President Emmanuel Macron said he will meet with Tesla CEO Elon Musk on Friday, the second time in just over a month, to promote France as a possible site for o[...]
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Asia Business Economy Europe Technology Top News US

Bud Light loses top US beer spot after Mulvaney ad boycott

BY Reuters  • June 14, 2023June 14, 2023
By Ananya Mariam Rajesh (Reuters) – Anheuser-Busch InBev’s Bud Light has lost its top spot in the U.S. beer market to Constellation Brands’ Modelo Especial, following a backlash from[...]
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Business Europe Updated US

Canada finance minister: Stellantis investment ‘is coming’

BY Reuters  • June 14, 2023June 14, 2023
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that the investment is good for the country and “is c[...]
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Asia Business Canada Economy Europe Politics
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