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Oil ends year of wild price swings with 2nd straight annual gain

BY Reuters  • December 30, 2022December 30, 2022
By Laila Kearney NEW YORK (Reuters) -Oil prices swung wildly in 2022, climbing on tight supplies amid the war in Ukraine, then sliding on weaker demand from top importer China and worries of an econom[...]
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Business Economy Europe Middle East UK Updated US

U.S. dollar down, still set for best year since 2015

BY Reuters  • December 30, 2022December 30, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday in the last trading day of a year dominated by Federal Reserve rate hikes and fears of a[...]
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Asia Australia Business Canada Economy Europe UK Updated US

European shares fall, record worst year since 2018

BY Reuters  • December 30, 2022December 30, 2022
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares slipped in the last trading day of a rough year marked by geopolitical tensions and fears of a recession as central banks[...]
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Business Economy Europe UK Updated

Global equity funds see outflows for an eighth straight week

BY Reuters  • December 30, 2022December 30, 2022
(Reuters) – Global equity funds posted net outflows for an eighth straight week in the seven days to Dec. 28 as a stronger than expected U.S. GDP reading raised worries that U.S. interest rates[...]
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Business Economy Europe UK

How 2022 shocked, rocked and rolled global markets

BY Reuters  • December 30, 2022December 30, 2022
By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has[...]
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Asia Business Economy Europe Middle East UK US

Oil drops on China uncertainty; U.S. demand limits decline

BY Reuters  • December 30, 2022December 30, 2022
By Shariq Khan NEW YORK (Reuters) – Oil prices fell for a second straight session on Thursday on an uncertain demand outlook as more countries considered restrictions on Chinese travelers with C[...]
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Business Economy Europe Middle East UK Updated US

Dollar slides as traders weigh China outlook, U.S. jobless claims

BY Reuters  • December 29, 2022December 29, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar slipped on Thursday with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out and as markets pro[...]
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Asia Australia Business Economy Europe UK Updated US

European shares rise; China’s COVID surge quells risk appetite

BY Reuters  • December 29, 2022December 29, 2022
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares closed higher on Thursday, with technology stocks leading gains, buoyed by Wall Street cheer after U.S. jobless data ease[...]
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Business Economy Europe UK Updated

Oil settles lower in light trading on China demand concerns

BY Reuters  • December 28, 2022December 28, 2022
By Shariq Khan NEW YORK (Reuters) -Oil prices settled lower on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world’s top oil importer, against the chances ea[...]
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Business Economy Europe Middle East UK Updated US
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