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Reuters - 41 minutes ago

Asian stocks ease on uncertainty over timing of U.S. rate cuts

GLOBAL MARKETS-Asian stocks ease on uncertainty over timing of U.S. rate cuts By Ankur Banerjee SINGAPORE, May 17 (Reuters) - Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing.
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Reuters - 2 hours ago

Dollar set for weekly drop on US slowdown signs

FOREX-Dollar set for weekly drop on US slowdown signs By Tom Westbrook SINGAPORE, May 17 (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of rate cuts. The euro EUR=EBS is up 0.9% on the dollar this week, has broken above resistance around $1.0855 and traded as high as $1.0895 in the wake of U.S.
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Reuters - 4 hours ago

Senegalese prime minister criticises French military bases on territory

Senegalese prime minister criticises French military bases on territory DAKAR, May 16 (Reuters) - Senegal's prime minister Ousmane Sonko raised the possibility of closing French military bases in the West African country on Thursday in a wide-ranging speech that also touched on the euro-backed CFA franc currency, oil and gas deals and LGBTQ rights.
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Reuters - 5 hours ago

Dow surpasses 40,000, world stocks hit record amid rate cut hopes

GLOBAL MARKETS-Dow surpasses 40,000, world stocks hit record amid rate cut hopes Dow crosses 40,000 level for first time World stocks at record high after month-long surge Dollar up Updates to 5:30 p.m. ET/1930 GMT By Caroline Valetkevitch NEW YORK, May 16 (Reuters) - The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday high on hopes of U.S.
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Reuters - 7 hours ago

Dow surpasses 40,000, world stocks hit record amid rate cut hopes

GLOBAL MARKETS-Dow surpasses 40,000, world stocks hit record amid rate cut hopes Dow crosses 40,000 level for first time World stocks at record high after month-long surge Dollar up Updates to 4 p.m. ET/2000 GMT By Caroline Valetkevitch NEW YORK, May 16 (Reuters) - The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday high amid U.S.
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