Morning Bid: Keep on going

Guest walk on the floor of the New York Stock Exchange (NYSE) in New York City, US, September 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in US and global markets from Alun John. US investors deserve some calm on Friday after a wild … Read more

Bond selloff risks liquidation of world’s most crowded trades – BofA

A Bank of America logo is pictured in the Manhattan borough of New York City, New York, US, January 30, 2019. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – Global government bond losses are on course for the worst year since 1949, and this year’s bond crash … Read more

Stocks slump to 2-year low as rates reality bites

A man is silhouetted in front of a board displaying the Japanese yen exchange rate against the US dollar outside a brokerage, after Japan intervened in the currency market for the first time since 1998 to shore up the battered yen, in Tokyo, Japan September 22, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access … Read more

Analysis: Amid tense Brazil election, Petrobras emerges as surprise market darling

Register now for FREE unlimited access to Reuters.com Register RIO DE JANEIRO, Sept 22 (Reuters) – Brazil’s state-run oil company Petrobras (PETR4.SA) has spent much of 2022 in turmoil, cycling through four chief executives as President Jair Bolsonaro hammered the company to bring down fuel prices. Faced with that and the likely return of a … Read more

Column: Recession will be necessary to rebalance the oil market

LONDON, Sept 22 (Reuters) – Unused capacity in global oil production has fallen to exceptionally low levels, contributing to the intense upward pressure on prices until very recently. Restoring spare capacity to more comfortable levels will require a business-cycle downturn, which is why a recession or at least a serious slowdown is inevitable. In common … Read more

Ban on gas fracking in England lifted in push for energy independence

Register now for FREE unlimited access to Reuters.com Register Britain pushing to increase domestic energy supply The moratorium has been in place since 2019 More research needed to assess the risk of tremors BGS survey says challenges remain on predicting impact LONDON, Sept 22 (Reuters) – Britain on Thursday formally lifted a moratorium on fracking … Read more

Dollar towering, stocks cowering as Fed flags more hikes

Register now for FREE unlimited access to Reuters.com Register Cool surprises with aggressive hike projections Dollar/yen breaks 145 as BOJ stays dovish C.bank meetings ahead in Britain, Switzerland and Norway SYDNEY, Sept 22 (Reuters) – The dollar surged to a fresh two-decade high and stocks suffered on Thursday with investors unsettled by the Federal Reserve’s … Read more

Morning Bid: Markets ‘Fed Up’

Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, September 13, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be … Read more

Oil prices surge more than 2% as Putin mobilizes more troops

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 21 (Reuters) – Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and … Read more