Tag Archives: focus

Wall St. extends slide with trade and rates in focus

(Reuters) – Wall Street indexes continued their slide in Thursday’s volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings a day ahead of the quarterly reporting season kickoff. In its sixth consecutive day of declines, the S&P closed down 2.1 percent after shedding 3 percent in Wednesday’s session. But at ...

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Dispute resolution in focus as NAFTA talks drag

TORONTO/WASHINGTON (Reuters) – Canada and the United States ended talks to revamp the North American Free Trade Agreement (NAFTA) on Friday without reaching a deal. One longstanding issue is Chapter 19 of NAFTA, a dispute resolution mechanism that the United States significantly scaled back in a bilateral deal it reached with Mexico. Flags of the U.S., Canada and Mexico fly ...

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Turkish lira slides nearly 5 percent as U.S. stand-off back in focus

ISTANBUL (Reuters) – The Turkish lira tumbled nearly 5 percent against the dollar on Monday after a week-long holiday, hit by persistent concern about a diplomatic rift with Washington over a U.S. pastor on trial in Turkey. Turkish Lira and Dollar banknotes are seen in this picture illustration taken August 19, 2018. REUTERS/Dado Ruvic/Illustration The slide left the lira down ...

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Uber ‘to focus on bikes over cars’

Image copyright AFP Image caption Uber has partnered with Lime, whose scooters are available in a number of cities including Paris Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said that individual modes of transport were better suited to inner ...

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Wall St. set for higher open with Powell speech in focus

(Reuters) – U.S. stock index futures pointed to a higher open on Friday, as investors awaited a speech from Federal Reserve Chair Jerome Powell for clues on the direction of monetary policy. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 22, 2018. REUTERS/Brendan McDermid Powell is set to speak at 10 ...

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Stock futures higher, Powell speech in focus

(Reuters) – U.S. stock index futures rose on Friday, as investors awaited a speech from Federal Reserve Chair Jerome Powell for clues on the direction of monetary policy. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 22, 2018. REUTERS/Brendan McDermid Powell is set to speak at 10 a.m. ET (1400 GMT) ...

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Asia stocks track Wall St. lower, dollar buoyant; Powell in focus

TOKYO (Reuters) – Asian stocks tracked Wall Street losses and edged down in early trade on Friday, but the dollar was buoyant after ending a long losing run ahead of a speech by Federal Reserve Chairman Jerome Powell. FILE PHOTO: A pedestrian holding an umbrella walks past an electronic board showing the graphs of the recent fluctuations of Japan’s Nikkei ...

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