LONDON, March 10 Reuters The pound was little changed on Wednesday, slipping below 1.39 and edging up slightly against the euro, as currency markets calmed ahead of inflation data from the United States. The dollar recovered some of its losses from the previous session as market participants waited for a U.S. Treasury auction and the […]

LONDON, March 10 Reuters Copper prices rose on Wednesday as traders hoped a pullback from tenyear highs had run its course and that the metals spectacular rally would resume. Strong demand from China and expectations of yearslong supply shortages encouraged a wave of speculative buying that drove prices to 9,617 on Feb. 25, the highest […]

March 10 Reuters A decline in mining stocks led British shares lower on Wednesday, while energy stocks tracked a decline in oil prices on expectations of a rise in U.S. inventories. The bluechip FTSE 100 index fell 0.4, with mining stocks, including Rio Tinto, Anglo American and BHP being the biggest drags. oil producers BP […]

Rates as of 0500 GMT Market Recap Hah! All the graphs I showed yesterday morning about the stock market went in the opposite direction Tuesday as the tech stocks came roaring back. The NYSE FANG index of 10 of the biggest tech stocks Amazon, Apple, Facebook, Tesla etc. was up a whopping 6.4 in one […]

Europes main index hovered near prepandemic highs on Wednesday, as a rise in shares of Adidas after an upbeat sales forecast and gains in telecoms stocks outweighed losses in mining and travel sectors. The panEuropean STOXX 600 index edged 0.2 higher after a rally in technology stocks on Tuesday pushed the benchmark to its highest […]

Indian shares notched their third straight session of gains on Wednesday, lifted by Infosys and other heavyweight information technology names, while auto stocks snapped a losing streak. The bluechip NSE Nifty 50 index added 0.51 to close at 15,174.80, while the benchmark SP BSE Sensex advanced 0.50 to end at 51,279.51. The Nifty and Sensex […]

SEC’s new rule 2a-5 is the latest step in a broader push for further transparency and regulation on pricing methodologies and inputs.

The pandemic continues to clip the wings of the airline industry battered by 2020 and coming into this year with heavy losses and debt.

Treasuries may find support after relentless sell-offs, as the risk of a sustainable spike in inflation is limited.

London’s office REIT shares reflect 5-10% lower rents and values through mid-2022, yet disruption from a shift to hybrid work may be prolonged if REITs don’t work with tenants to embrace it.