US STOCKS SNAPSHOT-Futures slide as Fed’s Bullard says inflation stronger than expected
June 18 (Reuters) – U.S.
Stocks & Shares
EXPLAINER-Mystery behind slump in India’s Adani Group company shares
(Updates shares) By Sudarshan Varadhan and Abhirup Roy CHENNAI, June 18 (Reuters) – Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever.
FOREX-Fed-fuelled dollar forces rival currencies onto back foot
* Fed’s hawkish shift has dollar up 1.6% this week
* ECB, BOJ seen behind the Fed’s tapering curve
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E
US STOCKS-Recovery bets keep S&P, Nasdaq futures near record highs
(For a Reuters live blog on U.S.,
UPDATE 1-Swiss stocks score best winning streak in 33 years
(Adds background)
By Danilo Masoni and Thyagaraju Adinarayan
LONDON, June 18 (Reuters) – Switzerland’s blue-chip stock
index has established the longest winning streak in its 33-year
history, after having risen every single day so far in June, as
investors loaded up on drugmakers and other defensive stocks.
Swiss stocks score best winning streak in 33 years
By Danilo Masoni and Thyagaraju Adinarayan
LONDON, June 18 (Reuters) – Switzerland’s blue-chip stock
index has established the longest winning streak in its 33-year
history, after having risen every single day so far in June, as
investors loaded up on drugmakers and other defensive stocks.
Indian shares snap four straight weeks of gains on Fed’s hawkish turn
BENGALURU, June 18 (Reuters) – Indian shares ended flat on
Friday as losses in metal stocks cancelled out gains in
financials, with the Nifty 50 and the Sensex marking their first
week of losses in five as the U.S.
GRAPHIC-Global equity funds see biggest inflows in three weeks – Lipper
June 18 (Reuters) – Investment flows into global equity
funds jumped to the highest in three weeks in the week ended
June 16, as investors shrugged off inflation worries and focused
on the improving global economic outlook.
GRAINS-Corn, soybeans rebound after sell-off as weather risks weighed
* New-crop corn, soybean futures fell nearly 7% on Thursday
* Improved weather outlook, broad investor selling fuelled
slide
* Persisting drought risks, technical buying support bounce
* Wheat also rebounds after being pressured by harvest
(Updates throughout, changes byline/dateline)
By Gus Trompiz and Naveen Thukral
PARIS/SINGAPORE, June 18 (Reuters) – Chicago corn and
soybean futures rose sharply on Friday as persistent drought
risks for U.S.
EXPLAINER-Mystery behind slump in India’s Adani Group company shares
By Sudarshan Varadhan and Abhirup Roy
CHENNAI, June 18 (Reuters) – Shares of companies controlled
by Indian billionaire Gautam Adani are set to record their
biggest weekly losses ever.