NEW YORK, Aug 12 Reuters Portfolio managers at hedge funds have retrenched from some of their riskier positions after a volatile week for markets. A brutal selloff and recovery in global markets in the past week was triggered by the unwinding of billions of dollars worth of yenfunded trades and worries the U.S. economy was heading to […]

SINGAPORE, Aug 12 Reuters The yen extended its slow decline against the dollar in trading thinned by a Japanese holiday on Monday, with market participants still ambivalent about the odds of a deep Fed rate cut next month. The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets, […]

US CPI data due on Wednesday Fed39;s Bowman acknowledges progress on inflation Aug 12 Reuters Gold prices edged higher on Monday as investors looked forward to a key inflation report that could shed more light on the U.S. central bank39;s next policy move. Spot gold was up 0.2 at 2,435.33 per ounce, as of 0648 […]

FTSE 100 up 0.7, FTSE 250 adds 0.3 Personal goods stocks lead gains BT Group jumps after India39;s Bharti to buyout top shareholder Aug 12 Reuters London stocks inched higher on Monday amid broad gains, after rounding off a turbulent week with declines, while resourceslinked stocks and strength in BT Group provided further support. The […]

Tomorrow, August 13, 2024, at 900 AM ET, The Home Depot, Inc. NYSE HD will announce its Q2 2024 earnings, marking a key event for market participants. Market Cap 316.50 Billion in market capitalization positions Home Depot as the 27th most valuable global entity in terms of equity valuation as of August 2024. Dividend Information […]

BT Group gains as Bharti Enterprises to buy around 24.5 stake in co from Altice UK Hannover Re up after H1 results STOXX 600 up 0.3 Aug 12 Reuters European shares started the week on a positive note on Monday, as investors prepared for U.S. inflation data to gauge the Federal Reserve39;s monetary policy path […]

LONDON, Aug 12 Reuters Sterling firmed slightly on Monday after four straight weeks of declines versus the dollar, as traders looked ahead to a run of British economic data this week that could influence how quickly the Bank of England BoE cuts interest rates. The BoE cut rates for the first time since 2020 at the start […]

Europe39;s STOXX down 0.1, SP 500 futures up 0.1 U.S. CPI, retail data to refine outlook for rates Dollar edges up on yen, carry trade steadies LONDONSYDNEY, Aug 12 Reuters European stocks and U.S. futures held steady on Monday, while the yen slipped as a holiday in Japan removed one source of recent volatility, and […]