Wall Street up, Treasuries surge as investors eye earnings, global growth

Wall Street opened higher Monday while U.S. Treasury yields hit three-year highs as investors eyed corporate earnings and what Russia's invasion of Ukraine could mean for global growth.

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18-04-2022

U.S. home builder sentiment hits seven-month low in April-NAHB

Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains boosted housing costs, shutting out some first-time buyers from the market, a survey showed on Monday.

newspaper

18-04-2022

World Bank says war to cut global growth, boosts financing target

The World Bank is reducing its global growth forecast for 2022 by nearly a full percentage point, to 3.2% from 4.1%, due to the impacts from Russia's invasion of Ukraine, World Bank President David Malpass said on Monday.

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18-04-2022

China Q1 GDP tops forecast, but March weakness raises outlook risks

China's economy slowed in March as consumption, real estate and exports were hit hard, taking the shine off faster-than-expected first-quarter growth numbers and worsening an outlook already weakened by COVID-19 curbs and the Ukraine war.

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18-04-2022

U.S. equity funds post biggest weekly outflow in four months

U.S. equity funds faced heavy outflows in the week to April 13, as investors were spooked by rising yields and fears that the impending monetary tightening from the Federal Reserve would slow growth.

newspaper

18-04-2022

China to step up financial support for industries hit by COVID outbreaks

BEIJING (Reuters) -China will step up financial support for industries, firms and people affected by COVID-19 outbreaks, the central bank said on Monday, as part of steps to cushion economic slowdown.

newspaper

18-04-2022

Rouble firms past 79 vs dollar, stocks down

(Reuters) -The rouble briefly firmed past the 79 mark against the dollar on Monday, while stock indexes fell as the market lacked new momentum and investors watched developments around what Russia calls "a special military operation" in Ukraine.

newspaper

18-04-2022