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Pain trade or same trade? Investors refuse to fold on recession bets

It was not meant to be this way. The big trades championed at the start of 2023 look redundant thanks to AI mania in stock markets, and long-predicted recessions that were supposed to fire up.

Sterling slips after U S data boosts dollar, British cost pressures in focus

LONDON (Reuters) - The pound slipped against the dollar and also lost ground against the euro on Monday, as the U.S. currency was supported by last week's strong jobs data, while in Britain, business activity data underscored the continued stickiness of inflation. | 07:52am

European bond prices cling to this week s inflation-inspired gains

Euro zone bond yields edge lower after recent rises

LONDON, May 17 (Reuters) - Euro zone bond yields moved lower on Wednesday after three sessions of increases as investors eyed a raft of issuance from European governments, and nervousness about the U.S. debt ce. | 06:54am

Dollar towers over peers as markets bet on large Fed rate hike

HONG KONG The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve policy meeting at which markets are…

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