LONDON (Reuters) -Investors poured money into equity and bond funds and moved money out of gold in the week to Wednesday, according to BofA Global Research, taking heart from a string of positive data points and policy changes. “You don’t get more Goldilocks than that,” the report said of Thursday numbers that showed U.S. consumer …
Investors jump into equities and bonds in Goldilocks scenario – BofA Read More »
By Carolina Mandl NEW YORK (Reuters) – Goldman Sachs Investment Strategy Group expects U.S. equities to generate positive returns for investors in 2023 even if the economy enters a recession, according to its outlook report released on Friday. The bank’s wealth management team expect the benchmark S&P 500 to end 2023 at between 4,200 and …
Goldman Sachs’ investment team bullish on equities -report Read More »
(Reuters) – U.S. bond funds attracted their biggest weekly inflow in 18 months in the seven days to Jan. 4 on signs of cooling inflation that boosted hopes the Federal Reserve might scale back the size of its interest rate hikes. Refinitiv Lipper data showed U.S. bond funds attracted a net $10.52 billion worth of …
U.S. bond funds saw biggest weekly inflow in 18 months in early Jan Read More »
FRANKFURT (Reuters) – Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in how they manage their exposure to them, the European Central Bank said on Friday. The ECB’s move shows how regulators are stepping up scrutiny of the role …
ECB tells bankers to get picky with risky clients, including hedge funds Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan. Flush with relief that U.S. inflation is indeed falling as fast as markets had hoped, investors now have to work out how the country’s biggest lenders are coping with the economic slowdown and higher interest rates keeping prices in check. Kicking …
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s economy unexpectedly eked out some growth in November after a boost from World Cup drinkers and video game sales, reducing the chance that it has already slipped into recession, but the picture for 2023 remains gloomy. Gross domestic product rose 0.1% from October, figures from the …
World Cup drinkers boost UK GDP, easing recession risk Read More »
By Sarah N. Lynch and Jeff Mason WASHINGTON (Reuters) -U.S. Attorney General Merrick Garland named a special counsel on Thursday to probe the improper storage of classified documents at President Joe Biden’s home and former office, an echo of a wider-ranging inquiry directed at former President Donald Trump. The inquiry is a distraction for the …
Special counsel appointed to probe Biden’s handling of classified documents Read More »
By David Shepardson (Reuters) -The governors of Wisconsin and North Carolina on Thursday signed orders banning TikTok on government devices due to cyber security concerns, joining other states and the federal government in prohibiting the use of the popular video app. In addition to banning Chinese-owned TikTok from state devices, Wisconsin Governor Tony Evers said …
Wisconsin, North Carolina ban TikTok from state devices on security concerns Read More »
BOGOTA (Reuters) – At least 11 fighters have been killed during clashes in northeast Colombia between dissident former members of the now-demobilized FARC guerrilla movement and National Liberation Army (ELN) rebels, the army said on Thursday. President Gustavo Petro has pledged to end the country’s nearly six-decade conflict between the government, rebels and crime gangs …
At least 11 die in Colombia as ELN rebels clash with dissident ex-FARC fighters Read More »
By Jarrett Renshaw (Reuters) – Here is a timeline of what has been disclosed about the classified documents that ended up in a temporary office used by President Joe Biden and at his home in Wilmington, Delaware: 2017 Biden begins working periodically at the Penn Biden Center, a nonprofit think tank in Washington run by …
What we know about the Biden documents: A timeline Read More »
