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"The softer inflation data took some wind out of the dollar's sails," said Joe Manimbo, senior market analyst at Convera in Washington. "The dollar is steadier because we're having this residual, geopolitical skittishness as well as signs of a fairly sturdy U.S. economic backbone in the forms of U.S. retail sales." Retail sales rose 1.3% in October, more than the 1.0% increase that economists polled by Reuters had forecast. The dollar briefly pared losses on release of the retail sales data, but later fell against the euro to trade little changed against major currencies. Yields fell further on the market's benign inflation outlook.
Consumer prices rose 11.1% in the 12 months to October, the most since October 1981 and a big jump from 10.1% in September, the Office for National Statistics said on Wednesday. Economists in a Reuters poll - many of whom think inflation is probably peaking around now - had forecast inflation would rise to 10.7%. In response to the data, Hunt - who is due to outline a new budget on Thursday - said "tough but necessary" decisions were required to tackle rising prices. Producer price data showed there was still inflation pressure in the pipeline but hinted at a possible slowdown. Manufacturers' costs for raw materials and energy rose at their slowest pace since March but at 19.2% the increase was still huge by historical standards.
Poland missile relief dents dollar; stocks retreat
  + stars: | 2022-11-16 | by ( Amanda Cooper | ) www.reuters.com   time to read: +3 min
REUTERS/Dado Ruvic/IllustrationLONDON, Nov 16 (Reuters) - Global stocks eased from two-month highs on Wednesday while the safe-haven dollar fell, after Poland's president said a missile that hit his country was probably a stray Ukrainian defence projectile, dispelling fears that it originated from Russia. Data on Wednesday showed U.S. retail sales rose by 1.3% in October, compared with expectations for a 1.0% rise, showing consumers were undeterred by high inflation last month. This gave a bump to the dollar, which cut some of the day's losses and weighed heavily on European shares. The dollar, which acts a safe haven in times of geopolitical or market turmoil, rallied overnight, before falling throughout the European session. Gold rose 0.2% on the day to $1,776 an ounce, supported by a slightly weaker dollar, while Brent crude futures fell 0.6% to $93.33 a barrel, having retreated from an overnight high of $94.79.
[1/4] Police officers walk near the site of an explosion in Przewodow, a village in eastern Poland near the border with Ukraine, November 16, 2022. If this is an a mistake of the Ukrainians, there should be no major consequences, but I'm not an expert here." After a sleepless night, Byra decided to keep her school, situated some 300 metres from the blast site, open on Wednesday. "I told the parents I see no grounds to close the school but kids haven't shown up. "Since the start of the war we keep analysing the danger, it has quieted down recently, but here we are today," she said.
About 90 minutes later, the rocket's upper stage propelled the Orion capsule out of Earth orbit and on its trajectory to the moon, NASA said. And it was quite a sight," Artemis mission manager Mike Sarafin told a post-launch NASA briefing, using words from biblical scripture. LAUNCH PAD HEROICSWednesday's launch was not without its own drama. [1/2] NASA's next-generation moon rocket, the Space Launch System (SLS) rocket with the Orion crew capsule, lifts off from launch complex 39-B on the unmanned Artemis 1 mission to the moon, seen from Sebastian, Florida, U.S. November 16, 2022. It was so bright, so loud, you could feel it," said NASA astronaut Jessica Meir, an Artemis crew candidate.
LONDON, Nov 16 (Reuters) - A planned G20 meeting between British Prime Minister Rishi Sunak and President Xi Jinping of China has been cancelled due to "scheduling issues", a Downing Street spokesperson said on Wednesday. Sunak and Xi had been due to hold the first meeting between British and Chinese leaders for almost five years, with Sunak's office saying beforehand that the prime minister would seek to establish a "frank and constructive relationship". In a statement released before the planned meeting, Downing Street said the challenges posed by China were "systemic" and "long-term". Chinese foreign ministry spokesperson Mao Ning said she had no information to offer on the cancellation of the meeting between Xi and Sunak. Reporting by Sarah Young and Kate Holton; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
Nov 14 (Reuters) - England are looking to win their second World Cup title at the Nov. 20-Dec. 18 tournament in Qatar. * Defenders: Trent Alexander-Arnold (Liverpool), Conor Coady (Everton, on loan from Wolverhampton Wanderers), Eric Dier (Tottenham Hotspur), Harry Maguire (Manchester United), Luke Shaw (Manchester United), John Stones (Manchester City), Kieran Trippier (Newcastle United), Kyle Walker (Manchester City), Ben White (Arsenal). Defenders: John Stones (Manchester City), Harry Maguire (Leicester City), Phil Jones (Manchester Utd), Kyle Walker (Manchester City), Kieran Trippier (Tottenham Hotspur), Gary Cahill (Chelsea), Ashley Young (Manchester Utd), Danny Rose (Tottenham Hotspur), Trent Alexander-Arnold (Liverpool). Midfielders: Eric Dier (Tottenham Hotspur), Jordan Henderson (Liverpool), Dele Alli (Tottenham Hotspur), Jesse Lingard (Manchester Utd), Raheem Sterling (Manchester City), Ruben Loftus-Cheek (Chelsea), Fabian Delph (Manchester City). Forwards: Harry Kane (Tottenham Hotspur), Jamie Vardy (Leicester City), Marcus Rashford (Manchester Utd), Danny Welbeck (Arsenal).
[1/2] U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Data on Thursday showed consumer inflation rose 7.7% year-on-year in October, its slowest rate since January and below forecasts for 8%. The dollar staged its biggest drop since late 2015 on Thursday as Treasury yields plunged, while other currencies - the yen and the pound in particular - jumped. The dollar index was down nearly 1.1%, having lost over 3% in the last two days - its biggest two-day decline since March 2009. The offshore yuan rallied by as much as 1.3% to hit its highest in over a month against the dollar, to 7.0592.
[1/2] Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. Data on Thursday showed consumer inflation rose 7.7% year-on-year in October, its slowest rate since January and below forecasts for 8%. The dollar staged its biggest drop since late 2015 on Thursday as Treasury yields plunged, while other currencies - the yen and the pound in particular - jumped. The dollar index was down nearly 1%, having lost over 3% in the last two days - its biggest two-day decline since March 2009. "It can be a little dangerous in that the 'bad news' is still out there and could come back to burn us, particularly with respect to the Fed," Rabobank currency strategist Jane Foley said.
Dollar flags after biggest daily fall since 2015
  + stars: | 2022-11-11 | by ( Amanda Cooper | ) www.reuters.com   time to read: +4 min
[1/2] Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. The dollar staged its biggest drop since late 2015 as Treasury yields plunged, while other currencies - the yen and the pound in particular - jumped. The dollar index was down nearly 0.5%, while risk assets including stocks, emerging-market currencies and commodities rallied. The offshore yuan rallied by as much as 1.3% to hit its highest in over a month against the dollar, to 7.0592. Bitcoin fell 1.2% to $17,344, after plunging below $16,000 for the first time since late 2020 this week.
BRUSSELS, Nov 11 (Reuters) - Leaders of the world's 20 biggest economies will next week denounce the use of, or any threat to use, nuclear weapons, according to an early draft of a G20 statement seen by Reuters. G20 leaders are meeting in Indonesia on Nov 15-16 and the Russian invasion of Ukraine will top their agenda. "The use, or threat of the use, of nuclear weapons is inadmissible." Concern about possible nuclear escalation during Russia's war in Ukraine surged after two speeches by President Vladimir Putin in which he indicated he would, if needed, use such weapons to defend Russia. The leaders are also to say they would support all efforts conducive to a "just" peace.
Taliban ban women from parks, morality ministry says
  + stars: | 2022-11-11 | by ( ) www.reuters.com   time to read: +2 min
KABUL, Nov 11 (Reuters) - Afghan women will no longer be allowed in parks, a spokesperson for the Taliban's morality ministry said, in part because they had not been meeting its interpretation of Islamic attire during their visits. "Unfortunately, the owners of parks didn't co-operate with us very well, and also the women didn't observe hijab as was suggested. However, the Taliban have said women should wear long flowing clothes that cover their bodies and also cover their faces, such as the all-enveloping burqa. Some women in Kabul and other urban centres do not cover their faces in public and others wear a surgical face mask. The Taliban say they respect women's rights in accordance with their interpretation of Islamic law.
Iran says it has built hypersonic ballistic missile -Tasnim
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +1 min
DUBAI, Nov 10 (Reuters) - Iran has built a hypersonic ballistic missile, the semi-official Tasnim news agency quoted the Revolutionary Guards' aerospace commander as saying, in remarks likely to heighten concerns about Iranian missile capabilities. "This missile has a high speed and can manoeuvre in and out of the atmosphere. Hypersonic missiles can fly at least five times faster than the speed of sound and on a complex trajectory, which makes them difficult to intercept. The United States has called such actions "destabilising" as it believes space launch vehicles could be used to transport a nuclear warhead. Reporting by Dubai Newsroom; editing by John Stonestreet and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.
ZURICH, Nov 10 (Reuters) - Swiss financial watchdog FINMA sees heightened danger for the sector given great uncertainty about interest rates and the economy, it said on Thursday. In its annual risk monitor publication, it identified seven principal risks for the financial sector, including from interest rates, credit linked to mortgages and other loans, cyberattacks, combating money laundering, and increased impediments to cross-border market access. Risk from widening of credit spreads was cited for the first time. Reporting by Michael Shields; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
CNN —‘Tis the season for wall charts and fans gathering around to pick their starting teams for the 2022 Qatar World Cup. “It’s always difficult when a guy helps you get to the World Cup, he scores three goals in World Cup qualifying and isn’t going to be a part of the program. Again, it’s more about who we did add that we felt good about.”All but one of the 26 will be making their World Cup debut at this year’s tournament and, according to the USMNT, it will be the youngest team to qualify for the World Cup. Octavio Passos/Getty Images Europe/Getty ImagesGhanaManager: Otto AddoThe final squad has not been announced yet. READ: Meet Otto Addo, the coach responsible for guiding some of Europe’s brightest young talents (2021)—–PortugalManager: Fernando SantosThe final squad has not been announced yet.
Maddison, Wilson and Rashford named in England World Cup squad
  + stars: | 2022-11-10 | by ( ) www.reuters.com   time to read: +3 min
[1/2] The tournament's official logo for the 2022 Qatar World Cup is seen on the Doha Tower, in Doha, Qatar, September 3, 2019. REUTERS/Naseem Zeitoun/File PhotoNov 10 (Reuters) - England have included in-form Leicester City midfielder James Maddison in their squad for the World Cup in Qatar, with forwards Callum Wilson and Marcus Rashford also selected. Maddison and Newcastle United striker Wilson have not played for England since 2019, but have been rewarded for fine starts to the domestic season in the run-up to this month's tournament. Brentford striker Ivan Toney received his first call up for Nations League fixtures against Italy and Germany in September, but missed out on selection with Wilson and Rashford preferred. England begin their World Cup group campaign against Iran on Nov. 21 and also face the United States and Wales.
LONDON, Nov 7 (Reuters) - Six in ten Britons believe they will have less money to spend over the Christmas period than last year, according to a survey published on Monday, adding to evidence that a thrifty festive season beckons. The survey from Deloitte found 38% plan to switch to cheaper brands or stores to seek out gifts, and for Christmas Day dinner 35% plan to do at least part of their shop at a discount supermarket. "Consumers are entering the festive season with budgets under more pressure this year, and it is not surprising that almost all are considering affordability and adapting their typical Christmas spending habits in one way or another," Oliver Vernon-Harcourt, head of retail at Deloitte, said. With inflation at a 40-year high of 10.1%, interest rates rising and consumer confidence close to the gloomiest on record, Britons have cut their spending. Deloitte's findings chimed with surveys last month from Kantar and Accenture, which both showed Britons planning to cut festive spending this year.
[1/3] Soccer Football - Premier League - Manchester City v Fulham - Etihad Stadium, Manchester, Britain - November 5, 2022 Manchester City's Erling Braut Haaland scores their second goal from the penalty spot Action Images via Reuters/Lee SmithMANCHESTER, England, Nov 5 (Reuters) - A 95th-minute penalty from substitute Erling Haaland earned 10-man Manchester City a dramatic 2-1 win over Fulham on Saturday, a victory that sent the champions back to the top of the Premier League. "I was nervous (for the penalty)," Haaland told Sky Sports. It seemed City had done all they could until De Bruyne was brought down in the penalty area, giving Haaland the chance to continue his incredible debut season in England. Haaland has now scored 16 goals in his last 10 Premier League appearances. Arsenal have the chance to take back the league lead when they travel to Chelsea on Sunday.
Soup thrown at Van Gogh painting in Rome climate change protest
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +1 min
ROME, Nov 4 (Reuters) - Italian environmental protesters threw pea soup over a Vincent Van Gogh painting on display in Rome on Friday before gluing themselves to the wall of the gallery. Italian Culture Minister Gennaro Sangiuliano condemned the attack on the painting, which comes after another Van Gogh work was targeted in London by climate change protesters. Representatives from nearly 200 countries will gather in Egypt next week for the COP27 climate change conference, as pressure for tougher action to tackle global warming grows. Climate change protesters threw soup over Van Gogh's painting "Sunflowers" at London's National Gallery last month, causing minor damage to the frame. Writing by Keith Weir, editing by Alvise Armellini, John Stonestreet and Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.
Now, Southgate is going further and further down his list just to fill seats on the plane. "The Chelsea medical staff have not given me a percentage of my chance of being back for the World Cup. Maguire has been a regular throughout Southgate's tenure, but has been demoted at United, starting only three league games this season. Rooney later suggested that going to the 2002 World Cup injured and playing through the pain was a mistake. Southgate's dilemma is does he risk defenders who have served him so well but aren't at 100%, or give others a chance.
AWALI, Bahrain, Nov 4 (Reuters) - Pope Francis on Friday appealed to religious leaders to help bring the world back from "the brink of a delicate precipice" and oppose a new race to rearm that he said was redesigning Cold War-era spheres of influence. The visit continues the pope's policy of improving ties with the Islamic world following a historic visit to Abu Dhabi in 2019, the first by any pope to the Arabian peninsula. Apparently referring to Ukraine, Francis condemned a situation where "a few potentates are caught up in a resolute struggle for partisan interests, reviving obsolete rhetoric, redesigning spheres of influence and opposing blocs". The cathedral was built on land donated by the king and one of the monarch's sons welcomed him to the church. On Saturday, the pope was due to say Mass for an estimated 30,000 people at Bahrain's National Stadium.
Germany aims to become carbon-neutral by 2045 and cut 65% of emissions by 2030 compared with 1990, but current reduction rates are falling short, the first biennial report by the council showed. The energy sector contributed almost half of Germany's 27% CO2 reduction between 2000 and 2021, while the construction, transport and industry sectors, after a good start, have been sluggish to cut emissions in the past decade. The council said the transport and construction sector needed to be restructured to reverse the trend. A change in consumer behaviour was also necessary and the government should impose strict limits on emissions volumes for all sectors, it added. Nearly 200 countries will gather in Egypt next week for climate talks, as pressure for tougher action to tackle global warming grows.
BUDAPEST, Nov 3 (Reuters) - Hungary's parliament will decide on when to schedule a debate on the ratification of Finland's and Sweden's applications to join NATO, Foreign Minister Peter Szijjarto told a press conference on Thursday. Szijjarto said the government has done its job by submitting the relevant bill to parliament. Hungary and Turkey are the only members not to have ratified the applications. Reporting by Anita Komuves and Krisztina Than; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
BRUSSELS, Nov 3 (Reuters) - The European Commission will propose light-touch rules for Airbnb (ABNB.O) and other short-term home rental companies, people familiar with the matter said. Under the draft rules, short-term home rental companies will have to provide data on numbers using their services and how many nights they stay to national authorities, they said. The data will be stored at a single digital entry point available to all public authorities, one of the people said. Airbnb did not immediately respond on Thursday to a request for comment on the draft plans. The proposed legislation will need to be thrashed out with EU member states and the European Parliament next year before it can become law.
There was a lot of bleeding," Fawad Chaudhry, a spokesperson for Khan's Pakistan Tehreek-e-Insaf (PTI) party, told Reuters. "I heard a burst of bullet shots after which I saw Imran Khan and his aides fall down on the truck," witness Qazzafi Butt told Reuters. "Later, a gunman shot a single shot but was grabbed by an activist of Khan's party." [1/7] Former Pakistani Prime Minister Imran Khan is helped after he was shot in the shin in Wazirabad, Pakistan November 3, 2022 in this still image obtained from video. Her father and former prime minister Zulfikar Ali Bhutto was hanged in the same city in 1979 after being deposed in a military coup.
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