Japan’s factories boost output for third month in August

August output rises 2.7%, stronger than expected Manufacturers see output up in Sept, Oct Retail sales post y/y rise for the 6th straight month TOKYO, Sept 30 (Reuters) – Japan’s factories ramped up output for a third straight month in August, as the manufacturing sector showed resilience amid high material costs and worries about a … Read more

Euro zone likely entering recession as price rises hit demand

Technician Sandra Haege controls a single sheet of a battery cell, as Blackstone company starts production at giga factory for 3d printed batteries in Doebeln, Germany, December 7, 2021. REUTERS/Matthias Rietschel Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 23 (Reuters) – A downturn in business activity across the euro zone deepened … Read more

Morning Bid: Not so calm before the storm

US Dollar banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf Investors do not appear to be waiting for the barrage of central bank meetings this … Read more

US retail sales unexpectedly rise, but inflation hampering spending

Retail sales increased 0.3% in August July data revised down to show sales falling 0.4% Core retail sales unchanged; July sales revised lower Weekly jobless claims fell 5,000 to 213,000 Manufacturing production edges up 0.1% in August WASHINGTON, Sept 15 (Reuters) – US retail sales unexpectedly rebounded in August as Americans ramped up purchases of … Read more

South Korea’s drum-tight job market fuels wage, rate hike pressures

South Korean job seekers wear face masks while maintaining social distance before an exam to avoid the spread of the coronavirus disease (COVID-19), in Seoul, South Korea, April 25, 2020. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept 16 (Reuters) – South Korea’s unemployment rate fell to historic lows in … Read more

Column: Oil prices and financial markets brace for recession

LONDON, Sept 15 (Reuters) – US economic data remains strong but a range of financial indicators point to a sharp slowdown over the next year that would dampen oil consumption and lead to lower prices. The apparent contradiction between the real economy and financial markets has puzzled some commentators but is normal around a peak … Read more

Morning Bid: Tracking China’s slowdown

Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Another day, another surge in US bond yields, and another sell-off on global markets. On top of that, Asian markets woke up on Friday to a raft of key economic … Read more

Stocks slide as data rattles markets, yen squashed

People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik/File Photo Register now for FREE unlimited access to Reuters.com Register Dollar/yen flies past 144 MSCI AxJ index hits lowest since June 2020 Europe futures slip HONG KONG, Sept 7 (Reuters) – … Read more

EXCLUSIVE EU, US step up Russian aluminium, nickel imports since Ukraine war

Aluminum blocks are seen in Wagner Automotive industry in Gradacac, Bosnia and Herzegovina February 8, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register EU, US largely spared Russian metals sector from sanctions EU lifts Russian aluminum imports by 13% in March-June US shipments of Russian nickel soar 70% in March-June … Read more

Wall St extends losses as Fed worries persist

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, US, August 8, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register ISM services sector data beats estimates Bed Bath & Beyond shares sink after CFO’s death Wall St coming off three straight … Read more