With the start of June, the Fed was due to start selling assets off the balance sheet. However, balance sheet values peaked at the beginning of April when they were 50 billion higher than the latest figures. The SP500 had turned downwards much earlier, in the early days of the year, but its downward movement […]

June 3 Reuters The Russian rouble firmed past 62 to the dollar in Moscow trade on Friday while shares in internet giant Yandex fell sharply after EU countries imposed new sanctions against Russia. EU countries have agreed their sixth package of sanctions against Russia over what it calls a special military operation in Ukraine, including an […]

Euro zone April PPI grows 1.2 mm Remy Cointreau rises on topping profit, upbeat outlook Airline SAS rises on reports of takeover offer June 2 Reuters European shares bounced on Thursday, led by industrial and luxury names, with gains limited by lingering worries over slowing economic growth and rising prices. The panEuropean STOXX 600 index rose […]

BENGALURU, June 3 Reuters Indian shares rose to a fourweek high on Friday and were set for a third straight weekly gain, boosted by a strong recovery in beatendown technology stocks and as Reliance Industries hovered just shy of record highs. The NSE Nifty 50 index was up 0.7 at 16,744.6, as of 0507 GMT, while […]

STOXX set to end week 0.5 lower U.S. nonfarm payrolls at 1230 GMT Faurecia slides on 705 mln euro capital increase Leonardo up on Rheinmetall offer for minority stake in unit June 3 Reuters European shares edged higher on Friday, with investors focusing on U.S. nonfarm payrolls data for clues on the Federal Reserve39;s next […]