LONDON, May 9 Sterling eased against the U.S. dollar on Tuesday but stayed close to the previous day39;s oneyear high, ahead of the Bank of England BoE policy decision later this week. At 0904 GMT, the pound was down 0.3 against the dollar at1.26145 , while it ticked 0.17 higher versus the euro to 87.06 […]

SYDNEYHONG KONG, May 8 Reuters Alibaba39;s logistics arm aims to raise up to 2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology39;s initial public offering IPO plan comes after Alibaba flagged in late […]

MUMBAI, May 9 Reuters The Indian rupee is expected to decline slightly on Tuesday, bogged down by the rise in U.S. yields before the key U.S. consumer inflation data. Nondeliverable forwards indicate the rupee will open at around 81.82 to the U.S. dollar, down slightly from 81.7950 in the previous session. With U.S. yields higher […]

U.S. CPI for April due on Wednesday Yellen Failure to raise debt ceiling could hit U.S. economy Platinum prices could see shortterm correction Heraeus May 9 Reuters Gold prices flitted in a narrow range on Tuesday ahead of U.S. inflation data, which investors will scan for clues on the Federal Reserve39;s policy path. Spot gold […]

PREVIOUS TRADING DAY EVENTS 08 May 2023 Announcements  The debt ceiling, or debt limit, is a law that limits the total amount of money the government can borrow to pay its bills and includes paying fed salaries, medicare, military and interests on the national debt. The U.S. Congress votes to raise or suspend the ceiling […]

STOXX 600 off 0.4 Real estate, energy firms lead declines SBB drops after delaying dividend payment Banco BPM rises after raising profit target May 9 Reuters European shares fell on Tuesday after a string of downbeat corporate updates soured sentiment, which has been tested in the days leading up to crucial U.S. economic data that […]

JD Sports Fashion up on proposing to buy French retailer Courir Energy stocks fall as oil prices dip Direct Line skids after profit warning FTSE 100 down 0.3, FTSE 250 off 0.7 May 9 Reuters London stocks fell on Tuesday as traders returning from a long weekend were cautious ahead of a key U.S. inflation […]