MILAN, Aug 15 Reuters Sentiment among global investors improved in August to its least bearish since February 2022 with cash allocations falling to a 21month low, a Bank of America survey showed on Tuesday. The poll of fund managers with 545 billion of assets found that investors remain of the view that global growth will […]

NEW YORK, Aug 15 Reuters Global hedge funds are aggressively selling Chinese stocks amid heightened concerns over the country39;s property sector and a weak batch of economic data, a Goldman Sachs report on Tuesday showed. All types of stocks were sold, but Ashares, those listed in the domestic stock market, led the selloff, comprising 60 […]

LONDON, Aug 16 Reuters The pound was on track for its biggest oneday gain in almost two weeks on Wednesday after data showed British core inflation stayed strong in July, while the yuan slipped to a ninemonth trough as concerns mounted about the extent of China39;s slowdown. The yen was weak, hovering in an intervention […]

Aug 16 Reuters The Russian rouble strengthened past 95 to the dollar on Wednesday, one day after the central bank hiked interest rates to 12 at an emergency meeting and amid speculation over what other steps Russia may take to prop up its struggling currency. Tuesday39;s extraordinary rate meeting and 350basispoint key rate increase came in response […]

FTSE 100 down 0.2, FTSE 250 off 0.2 Aug 16 Reuters The FTSE 100 index continued its selloff on Wednesday after data showed that underlying inflation remained high, building a case for more interest rate hikes by the Bank of England BoE, while Marshalls fell on lower halfyear profit. The exporterheavy FTSE 100 index fell 0.2 […]