US dollar Libor transition enters critical phase for leveraged loan market

A US dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 30 (Reuters) – The one-year countdown began on Thursday to the end of the publication … Read more

Survivors of 2022 crypto crash could be the new Amazons and eBays – BOE

(Kitco News) The companies that survive the 2022 crypto crash could become the new Amazons and eBays of the world, said Bank of England Deputy Governor Jon Cunliffe. There are similarities between the dotcom collapse of 2000 and this year’s crypto price meltdown, Cunliffe said at the Point Zero Forum in … Read more

Global markets quake as central banks grow more hawkish

A Specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 16, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 17 (Reuters) – Expectations for how drastically central banks need to tighten monetary policy … Read more

How high? Markets ramp up terminal rate pricing as inflation bites

A trader walks through the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly / File Photo Register now for FREE unlimited access to Reuters.com Register June 13 (Reuters) – Traders have sharply increased where they see rate hikes by the world’s top central banks ending … Read more

Calling time on QE, central bank asset cull adds new market risks

April 19 (Reuters) – Major central banks, already plotting interest rate hikes in a fight against inflation, are also preparing a common pullback from key financial markets in a first-ever round of global “quantitative tightening” expected to restrict credit and add stress to an already-slowing world economy. The US Federal Reserve and its major counterparts … Read more

Stocks steady after Fed hike, BoE’s turn next

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS / Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON / … Read more

Jobs open up for homeless people in UK labor market squeeze

WATFORD, England, March 10 (Reuters) – When Zara Asamoah graduated early in the coronavirus pandemic, she had no fixed abode and her chances of finding work looked remote. Now, thanks to an acute lack of job candidates as Britain’s economy reopens and to support from Beam, a crowd-funding social enterprise that helps homeless people into … Read more

As inflation hits 30-year highs, UK households start to buckle

Households facing biggest income hit in 30 years Inflation set to top 7% in April BoE calls for pay restraint Many families rein in spending on non-essentials Some economists think squeeze will end next year ASHFORD, England, Feb 22 (Reuters) – After work in the evenings, Nicola Frape turns off the heating and huddles under … Read more

LIVE MARKETS Waiting for earning tailwinds in rough waters

Feb 17 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com WAITING FOR EARNINGS TAILWINDS IN ROUGH WATERS (0724 GMT) Beneath the surface of the wild swings that have gripped markets this year, there is a strong trans-Atlantic current … Read more