July 8 Reuters Global equity funds faced a second straight week of outflows in the week to July 6, as investors remained concerned about a global economic slowdown and recession risks due to interest rate hikes by major central banks. According to Refinitiv Lipper, investors withdrew a net 7.74 billion out of global equity funds. […]

BENGALURU, July 8 Reuters Indian shares gained for a third straight week to close at a onemonth high on Friday as inflation concerns ebbed, while IT major Tata Consultancy Services slipped ahead of its quarterly earnings report. The NSE Nifty 50 index ended 0.54 higher at 16,220.6, while the SP BSE Sensex gained 0.56 to 54,481.84, advancing in […]

LONDON, July 8 Reuters European shares edged higher on Friday and were set for a small weekly gain as investors waited for U.S. jobs data to indicate the health of the world39;s biggest economy, while recession fears receded slightly. Comments by U.S. Federal Reserve policymakers and news of Chinese fiscal stimulus on Thursday had improved […]

LONDON, July 8 Reuters Bank of England regulators are concerned about an increase in the number of failed transactions in the British government bond repo market, which they said reflected very poorly on the City of London39;s reputation. Gilt repos allow investors to temporarily exchange holdings of British government bonds for cash and are a […]

U.S. payrolls exceed expectations in June Rate futures price in 75bps hike Yen in focus as former PM Abe gunned down NEW YORK, July 8 Reuters The U.S. dollar rose on Friday after data showed the world39;s largest economy created more jobs than expected in June, cementing expectations of another 75 basispoint hike at the […]

Rates as of 0500 GMT Market Recap Well, its byebye Boris! I had expected that his departure would cause some nearterm uncertainty and thereby cause the pound to weaken, although in the longer term his departure would probably be seen as a Good Thing and cause GBP to strengthen not least because perhaps the next […]

Sterling slides again Vistry edges up on forecast FTSE 100 flat; FTSE 250 off 0.4 July 8 Reuters UK39;s main stock indexes slipped on Friday as global sentiment soured at the end of a week marked by political turmoil in Britain, soaring energy prices in Europe and hawkish comments from major central banks. The bluechip […]

TAG Immobilien hits record low on capital hike plan U.S. nonfarm payrolls report due at 1230 GMT July 8 Reuters European shares were muted on Friday, weighed down by miners as copper prices retreated on concerns over latest COVID19 curbs and flareups in China, while investors also maintained a cautious stance ahead of monthly U.S. […]