Europe's share indexes fell on Wednesday and Wall Street futures were in the red as investors turned more cautious about COVID-19 and stretched stock valuations, with the U.S Federal Reserve meeting and tech giants' earnings also in focus.
Last night on Wall Street was probably when the short squeeze battle between a herd of solo traders and seasoned hedge funds over GameStop stopped being funny, at least for investors looking on from the sidelines,
The Australian and New Zealand dollars were in retreat on Thursday as a sharp reversal in global risk sentiment wrongfooted speculators and triggered a wave of stop-loss sales.
Mexican Finance Minister Arturo Herrera on Wednesday criticized a controversial bill proposed by the country's ruling party that would force the central bank to buy foreign cash commercial banks are unable to return to the financial system.
Creditors to begin talks soon - IMF Chad’s total debt exposure around $3 billion (Adds IMF comment on talks starting, debt data)
WASHINGTON, Jan 27 (Reuters) - Chad has officially requested a debt restructuring, the first country to do so under a new common framework hammered out last year by China and other Group of 20 countries with the help of the Paris Club, the International Monetary Fund said on Wednesday.
An IMF official said official creditors would soon begin discussions on what will be the first test of the new framework and whether China, the world’s biggest official creditor, and private sector creditors would participate as agreed.