Rupee Slips as Asian FX Decline ahead of U.S. Inflation Test

MUMBAI, Dec 13 Reuters The Indian rupee slipped against the dollar on Tuesday, mirroring the fall in Asian currencies ahead of the U.S. inflation report, while importerled demand for the greenback weighed. The partially convertible rupee ended at 82.8050 per dollar, against its previous close of 82.53. Dollar demand by domestic players continued, with importers […]
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FTSE 100 Falls ahead of Fed Rate Decision; Inflation Eases

FTSE 100 falls 0.3, FTSE 250 off 0.4 UK inflation eases from 41year high TUI slumps on potential capital raise Dec 14 Reuters UK39;s main stock indexes slipped on Wednesday as investors took little relief from a softerthanexpected reading on British inflation as they girded for another interest rate hike from the U.S. Federal Reserve. […]
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Energy Stock Bulls Hit Pause as Recession Looms

MILAN, Dec 14 Reuters After two straight recordbreaking years, investors that profited from booming oil stocks are now betting on a temporary retreat, as recession threatens economies in the United States and Europe. A gauge of global energy stocks is set to rise over 35 for a second year in a surge that has propelled Exxon […]
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Dollar Soft after Cooler U.S Inflation Data, Eyes on Fed

SINGAPORELONDON, Dec 14 Reuters The dollar was trading near its weakest levels in months against the euro and pound on Wednesday after sliding overnight on coolerthanexpected inflation data which fuelled bets the Federal Reserve will outline a slower rate hike path. After delivering four consecutive 75 basis point bp hikes, the U.S. central bank is […]
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Investors Fly Blind into Chinas Messy PostCOVID Transition

HONG KONGSHANGHAI, Dec 14 Reuters Global investors, already caught off guard by China39;s viruspolicy Uturn, now find themselves flying blind into a chaotic postpandemic transition, lacking proper data to track rising infections and potential threats to the economy in the months ahead. Authorities in China, where official data often confounds investors or is questioned for […]
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Italys Leonardo to Repay Early 500mlnEuro Term Loan

ROME, Dec 13 Reuters Italy39;s defence and aerospace group Leonardo announced on Tuesday the early repayment of a 500 million euro 532 million term loan, as part of efforts to reduce debt and the impact of rising interest rates. The company also announced the pricing of the redemption of the entire nominal amount of the 7.375 […]
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Germany Plans Record Debt Issuance as Energy Crisis Bites

BERLIN, Dec 14 Reuters Germany plans record debt issuance of more than 500 billion euros 533 billion next year to fund costs associated with the energy crisis and the fallout from the COVID19 pandemic, German Finance Agency issuance plans published on Wednesday showed. The government intends to issue federal securities with a total volume of about 539 […]
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