By Chuck Mikolajczak NEW YORK (Reuters) – The dollar jumped in a volatile session on Tuesday as investors dialed back expectations for a March rate cut from the U.S. Federal Reserve, fueled in part by comments by Board Governor Christopher Waller. Markets are pricing in a 66.9% chance of a rate cut of at least …
Dollar rallies to one-month high as Fed cut outlook dims Read More »
KIGALI (Reuters) -Rwanda said on Tuesday it had killed a soldier from Democratic Republic of Congo and captured two others on its territory in the latest sign of friction on their border. The Rwanda Defence Forces (RDF) said in a statement the Congolese soldiers crossed at Rubavu town, with one shot dead when he fired …
Rwanda says it kills Congolese soldier, arrests two more Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold prices fell over 1% on Tuesday, pressured by a firmer dollar and higher U.S. Treasury yields after Federal Reserve Governor Christopher Waller’s hawkish remarks on interest rate cuts this year, but safe-haven buying limited bullion’s downside. Spot gold was down 1.3% at $2,027.26 per ounce as of 2:36 …
Gold dips over 1% as dollar, yields rise on hawkish remarks by Fed’s Waller Read More »
By Andrew MacAskill, Elizabeth Piper and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak defeated an initial right-wing rebellion in his party on Tuesday over legislation to deport asylum seekers to Rwanda, refusing to cede ground in a battle that prompted two of his vocal supporters to resign. The resignations of two Conservative vice-chairmen …
UK PM Sunak loses two vocal supporters to asylum rebellion Read More »
By Siddharth Cavale NEW YORK (Reuters) -U.S. retailer Target is experiencing some disruptions of shipments from India and Pakistan, a big region for apparel manufacturing, due to the crisis in the Red Sea, a source familiar with the matter told Reuters on Friday, calling the effect “minor” overall. The company has faced delays in receiving …
Target seeing some disruption of India supplies due to Red Sea crisis Read More »
By Guy Faulconbridge MOSCOW (Reuters) -North Korea’s foreign minister lauded comradely ties with Russia on Tuesday and then held rare talks in the Kremlin with President Vladimir Putin, who has been invited by Kim Jong Un to visit the reclusive nuclear-armed country. The Kremlin said on the Telegram messaging app that North Korea’s Choe Son …
North Korean minister lauds ‘comradely’ ties with Russia, meets Putin in Kremlin Read More »
By Ron Bousso LONDON (Reuters) -Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 billion. The British energy giant pioneered Nigeria’s oil and gas business beginning in the 1930s. …
Shell to exit Nigeria’s troubled onshore oil after nearly a century Read More »
By Sruthi Shankar and Khushi Singh (Reuters) -London’s blue-chip FTSE 100 index closed lower on Tuesday, hitting a one-month low, weighed down by a sell-off in precious metal mining shares, while hawkish remarks from central bankers outweighed support from better-than-expected UK wages data. The FTSE 100 dropped 0.5%, while the domestically focussed FTSE 250 index …
FTSE 100 hits one-month low, precious miners biggest drag Read More »
JOHANNESBURG (Reuters) -South Africa’s rand lost more than 1% against the dollar on Tuesday as investors tempered expectations for a March interest rate cut from the U.S. Federal Reserve and Red Sea attacks weighed on risk sentiment. At 1605 GMT the rand traded at 18.9625 against the U.S. dollar, about 1.5% weaker than its previous …
South African rand falls as dollar jumps on rate outlook Read More »
By Huw Jones LONDON (Reuters) – European Union lawmakers gave the nod on Tuesday to giving investors better access to stock and bond prices and helping the bloc’s capital market compete better with Wall Street in raising funds for companies to grow. The European Parliament voted in favour of revising the bloc’s securities rules known …
EU approves new rules to shake up market price data for investors Read More »
