By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga[...]
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UK
US dollar drops to three-week low as Fed rate hikes nearly done
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal Reserve officials reinforced market expectations that the U.S. central ba[...]
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Oil dips 1% on US interest rate fears but OPEC+ cuts limit fall
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices eased 1% on Monday on the increasing likelihood of more U.S. interest rate hikes, but crude supply cuts from top oil exporters Saudi Arabia and Russi[...]
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Revolution Beauty says it could settle with shareholder Boohoo in coming days
(Reuters) – UK-based Revolution Beauty said on Monday it could reach a settlement with top shareholder Boohoo over board changes in the coming days, after the beauty products retailer said it wi[...]
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Standard Chartered boosts 2024 bitcoin forecast to $120,000
By Marc Jones LONDON (Reuters) -The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the recent jump in i[...]
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Canada extends consultation period for RBC’s $13.5 billion bid for HSBC unit
TORONTO (Reuters) – Canada’s finance ministry has extended the consultation period for Royal Bank of Canada’s $13.5 billion proposed acquisition of HSBC’s Canadian unit by 15 d[...]
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Marketmind: Bruised bonds relying on disinflation
A look at the day ahead in U.S. and global markets from Mike Dolan Last week’s bond market storm calmed somewhat on Monday, but the interest rate horizon now relies heavily on evidence of more d[...]
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Marketmind: China disinflation a mix of good and bad
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole China’s inflation data for June surprised on the downside, with consumer prices slipping 0.2% on the mont[...]
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Analysis-Bonds back in a tailspin as ‘higher for longer’ narrative hits
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – Government bond markets from Europe to the United States and Australia are in a tailspin as the prospect of higher interest rates sparks a rout[...]
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