* Graphic: World FX rates tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Adds details, chart) LONDON, June 16 (Reuters) – Sterling strengthened against the euro and dollar on Wednesday after data showed British inflation unexpectedly jumped above the Bank of England’s 2% target in May, sparking some concerns that policymakers may start signalling a shift in policy thinking […]
Read moreHow will markets react to Fed meeting? Advisors Asset Management CIO and president Cliff Corso considers inflation ‘public enemy no. 1.’ U.S. equity futures are little changed ahead of the Wednesday trading session and the conclusion of the Federal Reserve's policy meeting. The meeting may give clues on what lies ahead with its massive support for markets. GET FOX BUSINESS […]
Read moreCrude oil prices rose sharply on Tuesday, with traders betting on hopes demand for oil will see a significant increase in the second of this year amid signs of a strong economic rebound from the pandemic. Expectations that official data, due Wednesday morning, will reveal another drop in weekly crude inventories also contributed to oil’s advance. Analysts expect crude stockpiles […]
Read moreTake a look at some of the biggest movers in the premarket: Vroom (VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading. […]
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FILE PHOTO: A medical worker fills a syringe with a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine as Japan launches its inoculation campaign, at Tokyo Medical Center in Tokyo, Japan February 17, 2021. Behrouz Mehri/Pool via REUTERS/File PhotoTOKYO (Reuters) – Japan’s requirement of domestic clinical trials for COVID-19 vaccines cost it precious time in inoculating its population, vaccine programme […]
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NEW DELHI (Reuters) -In India’s capital, Delhi, thousands of commuters crowded into underground train stations and shopping malls on Tuesday, prompting some doctors to warn it could lead to a resurgence in COVID-19 infections.Slideshow ( 3 images )Major Indian cities have begun lifting strict lockdowns as the nationwide tally of new infections has dropped to its lowest level in more […]
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TOKYO (Reuters) -Japan will send a million doses of COVID-19 vaccine to Vietnam, Foreign Minister Toshimitsu Motegi said on Tuesday, as the southeast Asian nation steps up vaccine procurement to fight a more stubborn wave of infections.FILE PHOTO: A vial labelled with the AstraZeneca coronavirus disease (COVID-19) vaccine is seen in this illustration picture taken March 19, 2021. REUTERS/Dado Ruvic/Illustration/File […]
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SYDNEY (Reuters) -Australia’s Victoria state on Tuesday reported two new locally acquired cases of COVID-19 in the state capital Melbourne, both linked to an existing cluster that prompted renewed social distancing measures in the city.FILE PHOTO: A sign regarding mandatory mask wearing is seen on a tram in Melbourne, Australia, May 28, 2021. REUTERS/Sandra Sanders/File PhotoVictoria, Australia’s second-most populous state, […]
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Slideshow ( 2 images )SAN SALVADOR (Reuters) -The United States will grant $115 million in cooperation aid to El Salvador to slow migration from the Central American country, Samantha Power, administrator of the United States Agency for International Development (USAID), said on Monday. “We can work with local partners in Central America to expand opportunities for youth and help them […]
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