NEW YORK, May 4 Reuters The practice of short selling is coming under increased scrutiny as shares of regional banks remain under pressure, with some calls for more regulatory oversight of the practice. Short sellers, who borrow shares they expect to fall and hope to repay the loan for less later to pocket the difference, […]

MUMBAI, May 8 Reuters The Indian rupee is expected to open slightly higher on Monday boosted by the positive risk mood following the U.S. monthly jobs report. Nondeliverable forwards indicate the rupee will open at around 81.75 to the U.S. dollar compared with 81.80 in the previous session. Asian shares followed their U.S. peers after […]

U.S. CPI due on Wednesday Dollar down 0.1 Platinum regaining investors39; attention ANZ May 8 Reuters Gold prices edged higher on Monday as the dollar eased, while investors awaited a key U.S. inflation data due this week that could influence the Federal Reserve39;s monetary policy stance. Spot gold was up 0.2 at 2,020.80 per ounce, […]

PREVIOUS TRADING DAY EVENTS 05 May 2023 Announcements  RBA released its Monetary Policy Report warning that inflation is at a risky level, surpassing all expectations. It raised the argument that interest rates might have to rise further to restrain inflation, after a surprise hike to 3.85 last week.   Inflation could turn out to be […]

STOXX 600 up 0.2 Energy, bank stocks lead gains German industrial production falls in March Rational falls as Baader Helvea cuts rating May 8 Reuters European shares edged higher on Monday, with energy and bank stocks spearheading gains, but were rangebound ahead of key U.S. inflation data due later in the week that would offer […]

SINGAPORE, May 8 Reuters The dollar began the week under pressure on Monday, with traders betting it might have peaked along with U.S. interest rates while keeping a wary eye on looming inflation and loans data. Sterling , up a fraction on the day and hovering at an 11month high of 1.2652, was in particular […]

Despite a challenging environment, European financials were among the value plays that helped the Stoxx 600 Europe Index (SXXP) outperform in the past six months.