Wall St extends winning streak; eyes of Fed speakers, Treasury auctions

Wall St extends winning streak;  eyes of Fed speakers, Treasury auctions

A trader works at the New York Stock Exchange (NYSE) in New York, U.S. October 27, 2023. REUTERS/Brendan McDermid/File photo acquire licensing rights Bumble falls as CEO and resigns Dish Network Falls Following Third Quarter Revenue Miss Nov 6 (Reuters) – U.S. stocks closed slightly higher on Monday as investors awaited guidance from a number …

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Investors worried about the intensification of the conflict in the Middle East

Investors worried about the intensification of the conflict in the Middle East

File photo: The U.S. dollar banknote in front of the stock chart is seen in this illustration taken June 12, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire License Rights NEW YORK, Oct 28 (Reuters) – Investors are watching for signs that conflict in the Middle East could intensify over the weekend, which could increase volatility ahead of …

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Global hedge funds are strengthening their presence in the long-shunned Indian market

Global hedge funds are strengthening their presence in the long-shunned Indian market

HONG KONG, Oct 27 (Reuters) – Global hedge funds are rushing to establish themselves in India, a market long shunned by international investors, tempted both by its growing depth and liquidity and by its emergence as an alternative to investment in China. . Singapore-based multi-strategy hedge funds Dymon Asia Capital and Citadel Securities are among …

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Oil falls more than $2 as Middle East fears ease

Oil falls more than $2 as Middle East fears ease

[1/2]The word “oil” and the stock chart are visible through the magnifying glass displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo acquire licensing rights Investors monitor developments in the Israel-Hamas conflict US crude stocks up more than expected-EIA Macroeconomic concerns weigh HOUSTON, Oct 26 (Reuters) – Oil prices fell more than $2 …

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Strong performance from Alphabet and Meta signal ongoing advertising market rebound

Strong performance from Alphabet and Meta signal ongoing advertising market rebound

Oct 25 (Reuters) – The rebound in advertising businesses of Google, Meta (META.O) and Snap (SNAP.N) showed that the growing adoption of artificial intelligence is attracting marketers to digital platforms, even in an uncertain economic context. All three companies beat quarterly revenue expectations this week and each reported positive metrics for their advertising businesses. “AI …

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New China bonds will help economic recovery, official says, as budget deficit widens

New China bonds will help economic recovery, official says, as budget deficit widens

Chinese Yuan notes are seen behind the illuminated chart in this illustration taken on February 10, 2020. REUTERS/Dado Ruvic/Illustration Acquires Licensing Rights BEIJING (Reuters) – China’s new sovereign bonds will help boost economic recovery, Chinese Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s intensified fiscal stimulus sharply widens the budget deficit. China’s …

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Global shock fuels fall in European payments sector

US one dollar bills are seen in front of the stock chart displayed in this illustration taken on February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo Acquires Licensing Rights Sees organic sales growth in 2023 of 6-7% vs 8-10% before Sees operating margin falling 150 bps versus 100 bps increase before Shares fall up to 60%, hitting …

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Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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Oil falls for third consecutive session due to weak European economic data

Oil falls for third consecutive session due to weak European economic data

Crude oil storage tanks are seen from above in the Cushing oil hub, appearing to run out of space to contain a historic oversupply that has driven down prices, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford//File Photo Acquire Licensing Rights Economic data from Germany, UK and EU could mean weaker oil demand US dollar …

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UK jobs market falters further as BoE mulls rate stance

UK jobs market falters further as BoE mulls rate stance

A clothing retail store advertises for workers in Brighton, Britain August 15, 2023. REUTERS/Toby Melville/File photo acquire license rights Employment falls again in three months until August Unemployment rate remains stable at 4.2% according to new data series New ONS figures take into account falling household responses Data suggests BoE will hold interest rates on …

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