The euro fell on Tuesday unable to hold on to the post-French election gains, as the dollar held firm supported by high U.S. yields ahead of inflation data expected to reinforce bets of aggressive monetary tightening.
Sri Lanka’s central bank said on Tuesday it had become “challenging and impossible” to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.
U.S. Treasury yields rose to multi-year highs on Monday, while the euro strengthened and the spread between French and German bond yields narrowed after French President Emmanuel Macron won a larger than expected vote share in Sunday’s election
Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China.
French bank Societe Generale said on Monday it would quit Russia with a deal to sell its stake in Rosbank to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin, the head of mining giant Norilsk Nickel
The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week’s gains, after the central bank decided to relax temporary capital control measures aimed at limiting a drop in the currency.
The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.
Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in Asia, sources familiar with the matter said, fuelling concern about more problems at the exchange after chaotic nickel trading last month.
Samsung Electronics’ (005930.KS) flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks since its launch, hurting its image as an iPhone rival.
Russian gas deliveries to Europe via the Yamal-Europe pipeline reversed direction to flow from Germany to Poland on Thursday morning and supplies via Ukraine also eased, all in line with requests from customers.
The euro fell on Tuesday unable to hold on to the post-French election gains, as the dollar held firm supported by high U.S. yields ahead of inflation data expected to reinforce bets of aggressive monetary tightening.
Sri Lanka’s central bank said on Tuesday it had become “challenging and impossible” to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.
U.S. Treasury yields rose to multi-year highs on Monday, while the euro strengthened and the spread between French and German bond yields narrowed after French President Emmanuel Macron won a larger than expected vote share in Sunday’s election
Oil prices dropped by more than $2 a barrel on Monday after a second straight weekly decline on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China.
French bank Societe Generale said on Monday it would quit Russia with a deal to sell its stake in Rosbank to Interros Capital, a firm linked to Russian oligarch Vladimir Potanin, the head of mining giant Norilsk Nickel
The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week’s gains, after the central bank decided to relax temporary capital control measures aimed at limiting a drop in the currency.
The U.S. dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the prospect of a more aggressive pace of Federal Reserve interest rate hikes.
Commodity trader Trafigura and other firms are moving to take large amounts of zinc out of London Metal Exchange approved warehouses in Asia, sources familiar with the matter said, fuelling concern about more problems at the exchange after chaotic nickel trading last month.
Samsung Electronics’ (005930.KS) flagship Galaxy S22 smartphone has taken a battering from reports of hobbled performance and has seen carriers halve its price at home in South Korea just weeks since its launch, hurting its image as an iPhone rival.
Russian gas deliveries to Europe via the Yamal-Europe pipeline reversed direction to flow from Germany to Poland on Thursday morning and supplies via Ukraine also eased, all in line with requests from customers.
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