Today: September 08, 2024
Today: September 08, 2024

Latest From Naomi Rovnick

Economy|Finance

Recession fears trounce rate cut cheer in latest market selloff

Mounting unease over the U.S. economic outlook and a seasonally weak month for stocks have created another perfect storm of global market volatility, leaving

Recession fears trounce rate cut cheer in latest market selloff
Asia|Business|Finance

Stocks end turbulent month higher as US data sets stage for rate cut

Global stocks edged higher in choppy trading on Friday, making it the fourth consecutive month of gains despite a bout of heavy selling in

Stocks end turbulent month higher as US data sets stage for rate cut
Finance

Sterling's stunning rally keeps twitchy currency markets on edge

Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate

Sterling's stunning rally keeps twitchy currency markets on edge
Asia|Finance|Stock Markets

World stocks extend week-long rebound after slew of US data

Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the

World stocks extend week-long rebound after slew of US data
Asia|Business|Economy

Global stocks plunge, bond prices rally as US data spooks

Surprisingly weak U.S. employment data on Friday stoked fears of a recession ahead, prompting investors to dump stocks and turn to safe-

Global stocks plunge, bond prices rally as US data spooks
Economy|Finance

Global investors scramble to dodge US election curveballs

Investors are scrambling to shore up global portfolios against wild market swings ahead of the Nov.

Global investors scramble to dodge US election curveballs
Business|Economy|News

Trade fears hamper tech stocks, dollar falls amid rate cut talk

Global equity indexes mostly fell on Wednesday as possible U.S. trade curbs on chip equipment pulled tech stocks lower, while Treasury yields and the dollar both hit

Trade fears hamper tech stocks, dollar falls amid rate cut talk
Economy

Dollar falls vs. yen, global stock index up, with focus on rate cuts

The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global

Dollar falls vs. yen, global stock index up, with focus on rate cuts
Business

Analysis-Painful high rates wake-up call threatens global markets

Fear that interest rates in major economies will stay relatively high is creeping back and threatens a painful wake-up call for financial markets, big investors

Analysis-Painful high rates wake-up call threatens global markets
Business

Analysis-Markets ready for more as Switzerland starts clock on rate cuts

Markets are racing ahead to bet on big central banks lowering borrowing costs after Switzerland on Thursday delivered a surprise rate cut, but analysts cautioned

Analysis-Markets ready for more as Switzerland starts clock on rate cuts
Business

Financial conditions loosen further in warning shot to euphoric markets

Feverish speculation about future interest rate cuts has further loosened global financial conditions, storing up risks for euphoric stock and bond markets if

Financial conditions loosen further in warning shot to euphoric markets
Business

Goldilocks meets Santa as global stocks power to best month in three years

November has shaped up to be a fairytale month for equities, with the festive Santa rally investors traditionally hope for coming early as traders bet on a

Goldilocks meets Santa as global stocks power to best month in three years
Business|Economy

Can this rally fight the Fed?

A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick What a difference half a year makes. Traders started 2024 convinced that the U.S.

Can this rally fight the Fed?
Business|Economy

Stocks retreat, Treasuries flail as US rate cut hopes wither

Global stocks pulled back from an all-time high on Friday after surprisingly strong U.S. monthly jobs data dimmed hopes that the Federal

Stocks retreat, Treasuries flail as US rate cut hopes wither
Business|Economy

Investors scour the globe for shelter as Wall Street shakes

Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in U.S. stocks and bonds as stubborn inflation causes

Investors scour the globe for shelter as Wall Street shakes
Economy

Analysis-Market bets for 2024 thrown into chaos by US recession conundrum

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter

Analysis-Market bets for 2024 thrown into chaos by US recession conundrum

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