Dollar weather suspected yen intervention, China data mixed

https://tmsnrt.rs/2zpUAr4 The dollar was affected against the yen due to the suspected intervention of the Bank of Japan Asian stocks rise with Wall Street, major profits loom Chinese GDP beat expectations but retail sales disappoint Stg up a bit as Boris Johnson exits PM . race SYDNEY (Reuters) – The dollar escaped another suspected explosion … Read more

Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

Wall Street records its third consecutive quarterly loss with rising inflation and a looming recession

S&P 500 records biggest September percentage drop in 20 years All three major US stock indexes have fallen in three quarters Core inflation data is hotter than expected Indices down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK (Reuters) – The Standard & Poor’s 500 Index on Friday closed its biggest September drop in two … Read more

Wall Street posted gains for the fourth consecutive day ahead of the CPI report

Register now to get free unlimited access to Reuters.com Register The core CPI declined on Tuesday Bristol-Myers has received FDA approval for its psoriasis drug Twitter says Musk’s latest attempt to cancel the deal is invalid Indexes advance: Dow 0.71%, Standard & Poor’s 1.06%, Nasdaq 1.27% NEW YORK (Reuters) – Wall Street extended its winning … Read more

Stocks drop on Fed rate hike bets, yen hits 24-year low

Register now to get free unlimited access to Reuters.com Register LONDON (Reuters) – European stock markets fell on Wednesday after US economic data prompted traders to increase bets the Federal Reserve would raise interest rates, sending the dollar to a 24-year high against the Japanese yen. US Treasury yields jumped and the dollar got a … Read more