EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources
China’s banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people with knowledge of the matter told Reuters, to curb investment losses amid volatile commodity prices.
Asian shares step back from 2-wk highs, dollar firm
Asian shares retreated from two-week highs on Thursday and China started on the backfoot on fears central banks were closer to considering winding back their emergency stimulus while the dollar held at a one-week top.
Futures gain as Fed calms inflation worries
U.S. stock index futures rose on Wednesday after remarks from Federal Reserve officials helped calm inflation worries, while a recent dip in bond yields supported Nasdaq futures climb for a third straight session.
European stocks near record high, NZ dollar rises
European stocks approached record highs on Wednesday after U.S. Federal Reserve officials soothed investors’ inflation worries, though the New Zealand dollar rose as the country’s central bank hinted at a rate hike next year.
Asia shares track Wall Street up as inflation fears fade
Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.
Futures rise as higher oil drives energy stocks
U.S. stock index futures rose on Monday as higher oil prices lifted energy stocks, while S&P 500 futures scaled two-week highs ahead of key inflation readings later this week.
Asian tech shares track Nasdaq gains as inflation fears recede
Asian tech and growth stocks rallied on Friday, following Wall Street’s overnight lead, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.
EEX market leader in Japan power futures after first year
The European Energy Exchange (EEX) could double the number of participants in its Japanese power futures market from around 20 players in 2021, having traded over 3 terawatt hours (TWh) in its first 12 months, executives said.
Asia shares loiter as S&P futures climb fresh peak
SYDNEY (Reuters) – Asian share markets lagged on Thursday as U.S. stock futures nudged to another record high after the Federal Reserve underlined its commitment to keeping policy super loose even as the economy enjoys a rapid recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, and also little changed on the week. […]
