Trump says he wouldn’t stop Fed Chair Powell if he offered to resign

[ad_1] FILE PHOTO: U.S. President Donald Trump gestures with Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve at the White House in Washington, U.S., November 2,…

Vaccine news boosts commodities, EM assets; stocks cheer Yellen news

[ad_1] NEW YORK (Reuters) – Stocks brushed up against last week’s record on Monday and an index of commodity prices closed at its highest since March as more vaccine news…

BP raises nearly $12 billion in first hybrid bonds issue

[ad_1] By Ron Bousso, Kanishka Singh LONDON (Reuters) – BP Plc BP.L has raised nearly $12 billion (£9.6 billion) in debt, taking advantage of low borrowing costs days after the…

UPDATE 1-Swiss health minister says new COVID-19 measures likely to last long time

[ad_1] (Adds details) ZURICH, Oct 26 (Reuters) – New Swiss restrictions slated to be announced on Wednesday to contain the rapid spread of COVID-19 will likely be in place “a…

EMERGING MARKETS-Currencies at 2019 lows on trade jitters, stocks slide

[ad_1] May 17 (Reuters) – Emerging market currencies hit their lowest level in 2019 on Friday as trade friction between the United States and China continued to take its toll…

German banks should prepare for wave of insolvencies, says Bundesbank

[ad_1] FRANKFURT, Oct 13 (Reuters) – German banks should prepare for a surge in insolvencies as the coronavirus crisis pushes weaker companies over the edge and puts a question mark…

Turkey’s lira bonds “cheap” after inflation eases – Deutsche Bank

[ad_1] LONDON, May 3 (Reuters) – Slowing Turkish inflation has helped make the country’s lira-denominated government bonds “cheap” for the first time this year, Deutsche Bank’s analysts said, adding that…

SNB’s Zurbruegg says Swiss monetary policy suited for FX fragility

[ad_1] ZURICH (Reuters) – The Swiss National Bank’s current accommodative monetary policy is suited for the fragility being seen on foreign exchange markets, SNB Vice Chairman Fritz Zurbruegg said on…

Pound soars as Johnson scores landslide British election win

[ad_1] LONDON (Reuters) – The pound surged more than 2% on Thursday as Prime Minister Boris Johnson’s Conservative Party won a resounding election victory that markets believe makes an orderly…

Dollar rises on risk aversion, Fed cautious on economic recovery

[ad_1] By Saqib Iqbal Ahmed, Karen Brettell NEW YORK (Reuters) – The dollar was boosted by safety buying on Wednesday as investors turned more cautious on worries about the economic…