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Dollar near one-month low, set for worst weekly showing since May

Swati Pandey 1/2 An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany Read More SYDNEY, July 30 (Reuters) - The dollar languished near a one-month low on Friday and was poised for its worst weekly performance since May as dovish remarks by the U.S. Federal Reserve together with underwhelming economic data took the steam out of a month-long rally. The dollar index , which measures the greenback against a basket of six other currencies, was last at 91.91 after going as low as 91.855 on Thursday, a level not seen since June 29.

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Asian shares extend losses, set for worst month since March 2020 - Netscape Money & Business

Asian shares extend losses, set for worst month since March 2020 By Andrew Galbraith Reuters SHANGHAI (Reuters) - Asian shares fell on Friday, extending their biggest monthly drop since the height of global pandemic lockdowns last March on lingering investor concern over regulatory crackdowns in China on the education, property and tech sectors. Losses deepened even after reassurances from Chinese regulators and official media that helped to soothe investors nerves a day earlier, and following indications from the U.S. Federal Reserve that its bond-buying programme will remain unchanged for now. A continuing outbreak of Delta variant COVID-19 cases in China s coastal province of Jiangsu also weighed on the mood on Friday.

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World stocks eye sixth month of gains, dollar near one-month low - Netscape Money & Business

World stocks eye sixth month of gains, dollar near one-month low By Simon Jessop and Andrew Galbraith Reuters LONDON/SHANGHAI (Reuters) - Global shares tracked Asia lower on Friday but remain on course for their sixth straight month of gains as solid corporate earnings and central bank largesse keep sentiment intact, while the dollar held near a 1-month low. MSCI s World index was down 0.3% in early European trading, leaving it broadly flat on the week, but up 1% for the month, just shy of a record high. Markets remain in a tussle, though, as a Chinese crackdown on its technology sector and surging cases of the Delta variant of coronoavirus in Asia and elsewhere range against still-Dovish monetary policy and punchy earnings from a range of companies.

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A Peek at Peaking GDP, Amazon Riptide, Message for Anti-Vaxxers, Cliffs Note

A Peek at Peaking GDP, Amazon Riptide, Message for Anti-Vaxxers, Cliffs Note
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GLOBAL MARKETS-Asian shares extend losses, set for worst month since March 2020

GLOBAL MARKETS-Asian shares extend losses, set for worst month since March 2020
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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