Ex-JPMorgan traders’ ‘spoofed’ trades were genuine, defense says as trial opens

Ex-JPMorgan traders’ ‘spoofed’ trades were genuine, defense says as trial opens

July 8 (Reuters) – The closely watched criminal trial of three former JPMorgan Chase & Co (JPM.N) employees kicked off on Friday, with a prosecutor saying they “ripped off” the precious metals futures market with fake orders and defense attorneys saying the orders were genuine. The bank’s former global precious metals desk head Michael Nowak, … Read more

G7 leaders to discuss Iran nuclear talks revival, French official says

G7 leaders to discuss Iran nuclear talks revival, French official says

German Chancellor Olaf Scholz, US President Joe Biden, British Prime Minister Boris Johnson, Japan’s Prime Minister Fumio Kishida, European Commission President Ursula von der Leyen, European Council President Charles Michel, Italy’s Prime Minister Mario Draghi, Canada’s Prime Minister Justin Trudeau and France’s President Emmanuel Macron attends a round table for their first working session of … Read more

World stocks near fresh 2022 lows on inflation fears

World stocks near fresh 2022 lows on inflation fears

LONDON, June 13 (Reuters) – World stocks fell towards fresh 2022 lows and the Japanese yen slid to levels not seen in nearly a quarter of a century on Monday as red-hot US inflation fueled worries about even more aggressive policy tightening in a big week for central banks. The substantially higher-than-expected US CPI print … Read more

Morning Bid: Something’s off | Reuters

Morning Bid: Something’s off |  Reuters

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading … Read more

Stocks rally fizzles, bond markets ponder risks for US economy

Stocks rally fizzles, bond markets ponder risks for US economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down NEW YORK, March 30 (Reuters) – The US and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped more than $2 on the … Read more