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Asia shares edge up as stimulus hopes temper recession worries

51 mins ago DieselGasoil Comments Off on Asia shares edge up as stimulus hopes temper recession worries
TOKYO (Reuters) – Asian shares rose on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens such as bonds and gold. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. REUTERS/Issei Kato Read More

Asian shares nudge higher on stimulus hopes, recession fears ease

5 hours ago DieselGasoil Comments Off on Asian shares nudge higher on stimulus hopes, recession fears ease
TOKYO (Reuters) – Asian shares extended their gains on Tuesday as hopes for stimulus in major economies tempered anxiety about a global recession, boosting riskier assets and drawing money from safe-havens such as bonds and gold. FILE PHOTO: Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 6, 2019. Read More

Wall Street rallies on hopes of global economic stimulus

11 hours ago DieselGasoil Comments Off on Wall Street rallies on hopes of global economic stimulus
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. The benchmark S&P 500 has recovered most of its losses following Wednesday’s brief inversion of the yield curve Read More

Wall Street rallies as investors cheer global stimulus efforts

12 hours ago DieselGasoil Comments Off on Wall Street rallies as investors cheer global stimulus efforts
NEW YORK (Reuters) – U.S. stocks climbed on Monday as reports of stimulus efforts in China and Germany calmed fears of a severe downturn in the global economy that were stoked last week as bond yields fell. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Fed’s Rosengren says cutting rates could worsen next downturn: Bloomberg

13 hours ago DieselGasoil Comments Off on Fed’s Rosengren says cutting rates could worsen next downturn: Bloomberg
FILE PHOTO: The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren speaks during the “Hyman P. Minsky Conference on the State of the U.S. and World Economies,” in New York, April 17, 2013. REUTERS/Keith Bedford/File Photo (Reuters) – Boston Federal Reserve Bank President Eric Rosengren on Monday signaled no willingness to support Read More

Trump ‘not ready’ for China trade deal, dismisses recession fears

1 day ago DieselGasoil Comments Off on Trump ‘not ready’ for China trade deal, dismisses recession fears
WASHINGTON (Reuters) – U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. FILE PHOTO: U.S. Read More

White House says no recession in sight, pushes China trade talks

2 days ago DieselGasoil Comments Off on White House says no recession in sight, pushes China trade talks
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. FILE PHOTO: White House chief economic adviser Read More

White House says ‘no recession in sight’ despite market turmoil

2 days ago DieselGasoil Comments Off on White House says ‘no recession in sight’ despite market turmoil
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States. FILE PHOTO: White House chief economic adviser Read More

Yields rise on German fiscal stimulus hopes

4 days ago DieselGasoil Comments Off on Yields rise on German fiscal stimulus hopes
NEW YORK (Reuters) – Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt. FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder Government Read More

Stocks gain on stimulus hopes but still head for third losing week

4 days ago DieselGasoil Comments Off on Stocks gain on stimulus hopes but still head for third losing week
LONDON (Reuters) – World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the U.S. yield curve inverted for the first time since 2007. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Read More