The door slams on the Fed’s “put” as the pain of the market takes a back seat to the fight against inflation

WASHINGTON, Sept. 28 (Reuters) – In the month since Federal Reserve Chairman Jerome Powell established a hard line on inflation, stocks have taken double-digit losses, opened gulfs in global currency markets, and safer US government debt yields have it has risen to its highest levels since the dark days of the financial crisis nearly a … Read more

Wall Street rebounds to lows as the UK steps in to calm bonds

US stocks rebounded Wednesday after hitting new lows on Tuesday British gilts are roaring higher with the intervention of the Bank of England The US dollar breaks record gains Oil prices rise on hurricane Ian cuts September 28 (Reuters) – US and global equities staged a slight rally on Wednesday as the Bank of England … Read more

The IMF and Moody’s censor British policy that has sparked market turmoil

The IMF “does not recommend” policies such as the UK growth plan Moody’s: economic plan is ‘negative growth’ Pound traded 0.5% lower to $ 1.0681 Bond strategists warn that the market is almost non-negotiable LONDON, Sept. 28 (Reuters) – The International Monetary Fund and rating agency Moody’s have stepped up pressure on Britain to reverse … Read more

Reversing the collapse of confidence in the UK requires a U-turn of policy: economists

LONDON, Sept. 27 (Reuters) – Investor confidence in Britain will only recover if Finance Minister Kwasi Kwarteng cancels the economic plan that sparked such turmoil in financial markets, leading economists, investors and banks warned Tuesday. The pound hit an all-time low of $ 1.0327 on Monday and British government bonds sold at a ferocious pace … Read more

Fed officials pin down market volatility, saying inflation remains the center of attention

Register now for FREE unlimited access to Sign in WASHINGTON, Sept. 26 (Reuters) – US Federal Reserve officials on Monday dismissed increasing volatility in global markets, from plummeting US equities to foreign currency turmoil, and said their priority remains domestic inflation control. . Asked at a Washington Post event whether he felt US investors … Read more

The Bank of England observes the market turmoil, “will not hesitate” to act

Register now for FREE unlimited access to Sign in The pound briefly hit an all-time low against the dollar Gilts continue to collapse The finance minister details the tax plans on November 19 23 BoE monitors developments “closely” LONDON, Sept. 26 (Reuters) – The Bank of England said Monday it will not hesitate to … Read more

Morning Deal: Unstable Cable | Reuters

US dollar banknotes can be seen in this illustrative photo taken on June 14, 2022. REUTERS / Florence Lo / Illustration Register now for FREE unlimited access to Sign in A look at the day ahead in the US and global markets from Mike Dolan. Britain’s gamble to stimulate growth with unfunded tax cuts … Read more

Japan warns against speculative moves on the yen, markets are wary of further intervention

Japanese Finance Minister Shunichi Suzuki speaks at a press conference after Japan intervened in the currency market for the first time since 1998 to support the battered yen in Tokyo, Japan on September 22, 2022. REUTERS / Kim Kyung-Hoon / file Photo Register now for FREE unlimited access to Sign in Deeply concerned about … Read more

In China, homebuyers occupy their “decaying” and unfinished properties

GUILIN, China, September 26 (Reuters) – For six months, home for Ms. Xu was a room in a high-rise apartment in Guilin city in southern China that she bought three years ago, drawn to brochures advertising her views of the river and the clean air of the city. His living conditions, however, are far from … Read more

Wall St Week Ahead Investors are wondering when the ferocious sell-off in US equities will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, USA, September 22, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Sign in NEW YORK, Sept. 23 (Reuters) – A week of heavy selling has rocked US equities and bonds, and many … Read more