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Marketmind: Dollar swoons in upbeat inflation vigil

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A look at the day ahead in U.S. and global markets from Mike Dolan World markets leaned positively into another critical U.S. inflation report later on Wednesday, seeding a dollar slide to two-month lows that’s revved-up yen and sterling gains. The importance of the monthly U.S.... Read More.

China’s export slide to steepen in June, imports seen down

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(Corrects labelling of links to polls in bullet points) By Joe Cash BEIJING (Reuters) -China’s export slump is expected to have accelerated in June, as sluggish overseas economies struggling with inflation and rising interest rates buy up fewer goods from Chinese factories. Outbound shipments from the... Read More.

European shares gain ahead of US inflation data, UK banks shine

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By Amruta Khandekar and Matteo Allievi (Reuters) -European shares rose on Wednesday ahead of key U.S. inflation data which will determine whether the Federal Reserve could end its rate hikes soon, while major British lenders climbed after the Bank of England’s stress test. The pan-European STOXX... Read More.

European shares gain ahead of key US inflation data

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(Reuters) – European shares edged higher on Wednesday in the run-up to the release of key U.S. inflation data which will determine whether the Federal Reserve is nearing the end of its monetary policy tightening. The pan-European STOXX 600 index was... Read More.
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