Wall Street's main indexes fell on Wednesday, with steep declines in tech and other growth stocks, after minutes from the Federal Reserve's March meeting sharpened investors' focus on the U.S.
Russia edged closer to a potential default on its international debt on Wednesday as it paid dollar bondholders in roubles and said it would continue to do so as long as its foreign exchange reserves are blocked by sanctions.
European shares fell almost 2% on Wednesday, as investors grappled with the twin worries of aggressive U.S.
Gold prices dipped on Wednesday after the dollar and Treasury yields jumped to multi-year highs on hawkish comments from U.S.
Gold turned positive on Wednesday as risk-off sentiment gripped financial markets amid the possibility of more Western sanctions on Russia, although aggressive U.S.
Gold prices were subdued on Wednesday in choppy trade as a robust dollar and the prospect the Federal Reserve could raise interest rates aggressively kept non-yielding bullion near a one-week low.
Gold prices steadied on Wednesday with concerns over high inflation offsetting expectations of an aggressive interest rate hike by the U.S.
Gold prices seesawed in a narrow range on Wednesday with concerns over high inflation amid mounting sanctions on Russia buoying prices, although gains were curbed by expectations of an aggressive interest rate hike by the U.S.
Gold prices held steady after Wednesday's release of the minutes of the Federal Reserve meeting in March, as the metal's appeal as a safe haven and inflation hedge offset an expected 50 basis point rate hike by the U.S.
The race is on to declare a paradigm shift in the world economy toward higher inflation and interest rates and the jolt to public borrowing costs could compound the dizzying shocks that led to this.
U.S. stock buybacks appear to be hitting new records as companies head into quarterly earnings season, even as some investors worry about the growing threat of inflation, a potential recession and stagnant share prices.
Most of Australia's major banks now expect a rise in interest rates as early as June, though opinions on the pace of tightening and the peak point still vary widely.
Gold prices were flat on Wednesday as hawkish comments from U.S.
The Reserve Bank of India will delay its first interest rate rise by at least four months to August at the earliest, according to a Reuters poll of economists who said the central bank must now start worrying about inflation.
Asian share markets slipped on Wednesday as investors faced up to the possibility of aggressive monetary tightening by the U.S.
Asian share markets slipped on Wednesday as investors faced up to the possibility of aggressive monetary tightening by the U.S.
Asian share markets slipped on Wednesday as investors faced up to the possibility of aggressive monetary tightening by the U.S.
Global share prices eased and U.S. Treasury yields hit multi-year highs on Wednesday as investors bet that the U.S.
Wall Street was headed lower on Wednesday, taking its cue from weaker global shares after U.S.
U.S. Treasury yields rose and stock indexes fell sharply on Wednesday ahead of the release of minutes from the Federal Reserve's last meeting investors will scan for clues on the central bank's plans to fight inflation.
U.S. oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the price of gasoline, according to pre-released written testimony, as they defend charges by lawmakers of gouging with high fuel prices.
Oil executives defended themselves in the U.S. Congress on Wednesday from charges by lawmakers that they are gouging Americans with high fuel prices, saying that they are boosting energy output and no one company sets the price of gasoline.
Driven by Chinese demand, the growth in use of feedlots in Brazilian beef production rose to about a fourth of the country's overall slaughtered cattle, industry sources said.
The European Commission proposed sweeping new sanctions against Russia on Tuesday including banning coal imports and halting trade worth nearly 20 billion euros ($22 billion) in retaliation over possible war crimes in Ukraine.
U.S. services industry activity picked up in March, boosted by the rollback of pandemic restrictions, but higher prices for fuel and other commodities because of Russia's war against Ukraine are creating uncertainty for many businesses.
Thousands of holidaymakers have seen their Easter getaways disrupted or cancelled because airlines and airports do not have enough staff to meet the recovery in demand as pandemic restrictions are eased in Europe.
Federal Reserve Governor Lael Brainard on Tuesday said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S.
Federal Reserve Governor Lael Brainard on Tuesday said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S.
Canada's exports rose 2.8% in February to a record high, driven mostly by energy products, while imports climbed 3.9% from the previous month, data from Statistics Canada showed on Tuesday, with economists anticipating more gains for exports ahead.
Spain's central bank on Tuesday lowered its economic growth forecast for this year and next due to the impact of inflation stoked by Russia's invasion of Ukraine, and said the pace of recovery had already slowed down in the first quarter.
