Yen Drops, Hopes of Dec BOJ Pivot Fade, Chinas Yuan Slides

LONDONSINGAPORE, Dec 11 Reuters The U.S. dollar rallied against Japan39;s yen on Monday after a report said the Bank of Japan saw little need to end negative interest rates in December, contrary to some investors39; expectations. Meanwhile, China39;s yuan fell to a threeweek low after data showed deflation in the country worsened in November. The […]
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European Shares Listless ahead of Cenbank Rate Decisions

Syensqo jumps on day 1 trading after spinoff from Solvay Schibsted surges on deal to sell news media operations Rolls Royce gains on Citi39;s EPS forecast upgrade Dec 11 Reuters European shares were lacklustre at the start of an eventheavy week as investors buckled up for key U.S. inflation print and interest rate decisions from […]
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Oil Prices Hold Steady, Propped Up by US Purchases

Excess 2024 supply expected from growth in nonOPEC output China experiencing rising deflationary pressures Investors await central bank interest rate decisions LONDON, Dec 11 Reuters Oil prices held steady on Monday as U.S. efforts to replenish strategic reserves provided support, though concerns persist about oversupply and softer fuel demand growth next year. Brent crude futures […]
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