Dollar firm after U.S. retail sales jump, risk currencies softer
The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May,
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Oil slumps as U.S. crude stocks build amid virus resurgence fears
Posted by Reuters | Jun 16, 2020 | World News |
Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of...
Read MoreShow me the data: U.S. doctors skeptical of reported COVID breakthrough
Posted by Reuters | Jun 16, 2020 | domesticNews, Reuters: UK |
The report on Tuesday of a powerful treatment for the new coronavirus brought skepticism along with optimism among U.S. doctors, who said the recent withdrawal of an influential COVID-19 study left them wanting to see more...
Read MoreAsian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey
Posted by Reuters | Jun 16, 2020 | World News |
Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over...
Read MoreAsia stocks given pause by virus surge, geopolitics
Posted by Reuters | Jun 16, 2020 | World News |
Asian share markets took a breather on Wednesday as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all...
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