SSP gains on sales recovery FTSE 100 down 0.2, FTSE 250 off 1.2 Both indexes set for weekly gains Feb 4 Reuters London39;s FTSE 100 ended the week in positive territory after two weeks39; of losses despite edging lower on Friday as banks retreated a day after the Bank of England raised interest rates to […]

US jobs data will be released today, which promises to attract increased market attention and could cause a surge of volatility in the dollar and equities. In the January employment estimates, investors and traders will be looking for answers as to how active policy tightening from the US Federal Reserve will be, whether wage inflation […]

LONDON, Feb 3 Reuters Euro zone economic growth lost more momentum in January as the bloc39;s dominant services industry suffered from subdued demand amid tighter restrictions to contain the Omicron coronavirus variant, a survey showed. Some governments in the currency union have been encouraging citizens to stay at home to try and stop the more […]

TOKYO, Feb 9 Reuters Japan will raise its gasoline subsidy for oil distributors to 5 yen a litre for the week starting on Thursday, the country39;s industry ministry said on Wednesday in its website. A government source told Reuters earlier this week that Japan will hike the subsidy to 5 yen for the week, hitting […]

FRANKFURT, Feb 4 Reuters Euro zone companies expect wages to rise by 3 or more this year as workers demand to be compensated for inflation and it becomes more difficult to find staff such as builders and software engineers, the European Central Bank said on Friday. Wage growth is a crucial indicator for the ECB […]

Feb 9 Reuters A U.S. solar panel maker is asking federal trade officials to investigate whether to impose tariffs on imports from four Asian countries, arguing that Chinese manufacturers had shifted production to those nations to avoid paying duties. The petition, filed by San Jose, Californiabased Auxin Solar with the Department of Commerce on Tuesday, […]

The US inflation report noted higherthanexpected price rises, triggering a boost to the dollar and a pullback in US major index futures. The price index for January rose 0.6 to an annual rate of 7.5. The report dashed hopes that the monthly price increase was slowing, as analysts expected a slowdown to 0.4 after Decembers […]

US inflation data for January is in the spotlight in the markets today. The annual growth rate is expected to break 40year records, reaching 7.3 compared with 7.0 in December. Higher oil prices in recent weeks will reinforce the general price index. But more important in this case may be the core CPI, where prices […]

Inflation surge ignites 39;linker39; bond trading Bank revenues from trading inflation products on the rise Record inflationsensitive exchange traded product inflows LONDON, Feb 8 Reuters Almost overnight, inflationlinked bonds have become the hot ticket in global financial markets, pitting banks against hedge funds in a battle for market share and scarce trading talent. The 4.4 […]

WASHINGTON Reuters U.S. homebuilding increased more than expected in June, though expensive lumber as well as shortages of labor and land continued to constrain builders ability to fully take advantage of robust demand for housing. Housing starts rose 6.3 to a seasonally adjusted annual rate of 1.643 million units last month, the Commerce Department said […]