Page 184 - Rep News Today

A look at the day ahead in markets from Tom Westbrook.

European Central Bank officials are still banging the inflation drum and suggesting interest rates must keep rising, but there's enough nervousness about banks or a possible policy misstep to mean they face an uphill battle convincing markets.

Kenya's shilling weakened on Wednesday, undermined by increased demand for dollars from oil retailers and manufacturers, and listed companies preparing to pay dividends to their foreign shareholders, traders said.

JAKARTA -- The U.S. is hopeful that dialogue with North Korea could restart as the hermit nation reopens from COVID-19 lockdowns, a senior U.S. diplom

The South African rand recovered some losses it incurred earlier on Wednesday after local inflation data showed a rise in prices for the second consecutive month.

Markets are struggling to disentangle their assumption the Federal Reserve will quickly reverse its final rate rise within months from anxiety around a summer debt ceiling showdown - and suspect rates pricing may be skewed by the latter.

U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose, while gasoline stockpiles jumped unexpectedly on disappointing demand, Energy Information Administration data showed on Wednesday.

Vermont Congresswoman Becca Balint has introduced her first bill in Washington. It addresses mental health support for kids.

The dollar slipped on Tuesday after a sharp rise overnight as strong U.S. economic data reinforced expectations that the Federal Reserve will hike interest rates in May, while China's economic recovery gathered pace in the first quarter.

Asia's shares pared losses on Tuesday as China's economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown.