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Market and Exchange

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  • Euro zone industry stumbles in May, recovery still frail

    BRUSSELS (Reuters) - Euro zone industrial production dropped sharply in May with only the energy sector thriving, another sign that the bloc's economic recovery remains fragile.
  • Dollar awaits Yellen's testimony, Draghi may limit euro's gains

    LONDON (Reuters) - The dollar edged up against the yen on Monday, though stayed well within recent ranges, as investors awaited Federal Reserve Chair Janet Yellen's congressional testimony for cues on the outlook for U.S. monetary policy. U.S. Treasury...

    Modi's farm export curbs may ease India's June inflation

    NEW DELHI (Reuters) - India's inflation probably eased marginally in June after the new government curbed farm exports, but a growing risk that drought will shrivel summer crops could encourage the central bank to keep interest rates on hold. Prime...

    Japan investors bulk up on French bonds, bet on euro zone 'Japanisation'

    TOKYO (Reuters) - Japanese investors have been buying most of France's government debt recently in a record surge spurred by expectations that Europe faces the kind of deflation and growth that Japan suffered for decades. Since the European Central...

    As some high-risk assets take a hit, investors fear worse is to come

    (Reuters) - World financial markets became reacquainted with fear last week, and even if it was short-lived, the ructions in some riskier assets looked to some like a precursor to a much rougher ride down the road. Concerns that Portugal's largest listed...