Futures listless as traders await payrolls data for policy cues
(Reuters) – Futures tracking the Dow and the S&P 500 indexes were largely flat on Thursday ahead of the monthly…
BAT writes down $31.5 billion from value of U.S. cigarette brands
(Reuters) -British American Tobacco said it would take a hit of around $31.5 billion as it writes down the value…
US dollar falls against most currencies as rate cut view weighs
(Reuters) – The U.S. dollar slid against most major currencies on Monday, with a measure tracking the greenback’s value on…
Deere forecasts downbeat profit as high borrowing costs pinch demand
(Reuters) – Farm equipment maker Deere (NYSE:DE) & Co forecast 2024 profit below analysts’ expectations on Wednesday as high borrowing…
Factbox-Global economy to slow down but likely avoid recession in 2024
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by…
Yen on cusp of multi-decade lows keeps markets on intervention watch
(Reuters) – The yen was under pressure on Tuesday, as traders waited for important U.S. inflation data which could either…
Swiss respond to removal from US currency manipulation list
(Reuters) – The Swiss National Bank responded on Wednesday to the U.S. Treasury removing Switzerland from its monitoring list of…
Dollar gains, Aussie slides after RBA hikes but tempers hawkish view
(Reuters) – The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the Aussie…
Hedge fund investors pull $80 billion from industry in 2023 – Aurum
(Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even…
French inflation slows in October amid ECB’s tight monetary policy
France, the second-largest economy in the eurozone, witnessed a slowdown in inflation during October. This slowdown was primarily due to…