MUMBAI, Sept 9 Reuters The Indian rupee is likely to open weaker on Monday, tracking the decline in Asian equities and currencies fuelled by U.S. slowdown worries. The 1month nondeliverable forward indicated that the rupee will open at 83.9783.98 to the U.S. dollar compared with 83.9475 in the previous session. The rupee for a large […]

Sept 9 Reuters The pound touched a near threeweek low versus the dollar on Monday as traders unwound bets of a supersized U.S. rate cut next week and awaited readings on the domestic economy that could dictate expectations around UK interest rates. Sterling fell 0.42 to 1.30745 its weakest since Aug. 21. Most major currencies […]

STOXX 600 up 0.6 Entain up after beginning H2 ahead of expectations Adidas falls after Barclays downgrades rating Sept 9 Reuters European shares began the week on a positive note after the benchmark index saw its worst day in more than a year on Friday, while investors await a slew of economic data and expect […]

Japan hedge funds grow while region shrinks Funds raise cash even after Aug. 5 market crash Rising rates to benefit longshort funds managers HONG KONG, Sept 9 Reuters Japan has emerged as a standout in Asia39;s subdued 400 billion hedge fund sector, drawing fund launches while other regions suffer closures in an indicator that wild […]

FTSE 100 up 0.6, FTSE 250 adds 0.4 Travel and leisure stocks lead broad gains Entain tops FTSE 100 after upbeat online revenue forecast Labour market data due in the week Sept 9 Reuters London39;s FTSE 100 rebounded from six sessions of declines on Monday, amid broader gains led by travel and leisure stocks after […]

With increasingly narrow market leadership, it may be worth re-thinking what it means to be well diversified while allocating to market leaders.

LONDON, Sept 6 Reuters The pound trod water on Friday, ahead of U.S. employment data that could intensify volatility later in the day as investors figure out whether the Federal Reserve will be forced to deliver an outsized rate cut this month or not. Sterling , which is heading for a 0.3 rise against the […]

FTSE 100 down 0.4, FTSE 250 up 0.1 Sept 6 Reuters UK39;s main stock index was lower on Friday, dragged down by energy and mining shares, as investors awaited a U.S. jobs report that could determine the extent of expected interest rate cuts by the Federal Reserve. The bluechip index FTSE 100 fell 0.4 as of […]

TOKYOLONDON, Sept 6 Reuters The dollar slid to a onemonth trough versus the yen and a oneweek low on the euro on Friday, as a mixed bag of U.S. job market indicators stirred caution ahead of a crucial monthly payrolls report later in the day. A report on Thursday showed the number of Americans filing […]

Raiffeisen drops after Russia court freezes its shares in local arm Elis falls after reported bid for US uniform supplier Vestis InPost jumps as it decides on option for remaining Menzies stake STOXX 600 down 0.6 Sept 6 Reuters European shares slipped for a fifth straight session on Friday as caution prevailed ahead of the […]