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At least that’s how it felt in Liverpool, where the opposition Labour Party held its annual conference this week. In front of a packed hall, Labour leader Keir Starmer gave an upbeat speech painting the ruling Conservatives as the party of national decline and Labour as the party of stability. A protestor throws glitter over Labour party leader, Keir Starmer during the leader's speech at the Labour Party conference on October 10, 2023 in Liverpool, England. Shadow chancellor Rachel Reeves makes her keynote speech during the Labour Party Conference in Liverpool on October 9, 2023. The story Labour is telling right now isn’t just the story of Keir Starmer, leader in waiting, but Keir Starmer and his political allies, who are the government in waiting.
Persons: Keir Starmer, , Ian Forsyth, wilder, Jeremy Corbyn, , Corbyn’s, Starmer, Corbyn, Boris Johnson’s “, Liz, , Queen Elizabeth II, David Lammy, Lammy, he’d, Johnson, Rachel Reeves, Peter Byrne, Jeremy Hunt’s, won’t, Trump, Labour – Organizations: Liverpool CNN, Labour Party, Labour, Conservative, Conservative Party’s, CNN, Conservative Party, Northern, Conservatives ’, Government, University of Leeds, Oxford, Cambridge, Public Prosecutions, Labour Party Conference, Corbyn, Biden, Conservatives Locations: Liverpool, Manchester, England, Corbyn, Israel, Britain, America, Germany, Labour’s
Ancient Roman site of Pompeii is about to ‘expand’
  + stars: | 2023-10-09 | by ( Julia Buckley | ) edition.cnn.com   time to read: +4 min
So with ever more tourists cramming onto the site, the team behind the archaeological park of Pompeii have found a plan B – dispersing visitors around ancient sites that are further afield, with all-in-one tickets and shuttles laid on between the sites. A shuttle service around the sites – the Pompeii Artebus – was piloted in 2021. The ancient city was the most visited heritage site in Italy on the last “Domenica al Museo” – state-run heritage sites have free entry on the first Sunday of the month. Tickets for the ‘scattered’ site will be valid for three days, with free shuttles connecting all the sites. The Villa dei Misteri at Pompeii will also get new lighting which will better replicate the original lighting in the villa.
Persons: we’ll, Stanley Tucci, Torre Annunziata, Gennaro Sangiuliano, Nero, Poppaea Sabina, Villa Arianna, Villa, Villa Poppaea, Poppaea, Libero, Sangiuliano Organizations: CNN, intel, Villa San Marco, Castellammare, Villa Regina, European Union, Major, Museo Locations: Boscoreale, Torre, Oplontis, Stabiae, Rome, Italy, , It’ll, Civita, Castellamare
Middle East violence rattles markets, oil jumps
  + stars: | 2023-10-09 | by ( Reuters Staff | ) www.reuters.com   time to read: +5 min
MARKET REACTION:- Oil prices surged, with Brent crude trading at $87.25 a barrel - up over 3% on the day. COMMENTS:MOHIT KUMAR, CHIEF EUROPE ECONOMIST, JEFFERIES, LONDON:“The coming days are likely to be driven by geopolitical risks, rather than fundamentals. “Second, OPEC countries do have spare capacity that they restrict willingly to maintain oil price at above $80 (per barrel), but they don’t necessarily think of tripling oil prices – which would only accelerate the energy transition. “This being said, potential retaliation against Tehran is a serious upside risk for oil prices. We will keep an eye on developments, but don’t speculate on a full-blast rise in oil prices for now.”
Persons: Mohammed Salem, Israel’s shekel, MOHIT KUMAR, JEFFERIES, , ” CHRIS BEAUCHAMP, Brent, WTI, CAROL KONG, JPY, ” MICHAEL HEWSON, ALVIN TAN, Blinken, , ” IPEK OZKARDESKAYA, Israel Organizations: Oil, REUTERS, Brent, U.S, Treasury, British Airways, LONDON, Russo, COMMONWEALTH BANK OF, CMC, U.S ., OF, OF ASIA FX, RBS, SWISSQUOTE BANK Locations: Israel, Gaza, Egypt, Yom, EUROPE, Iran, Ukrainian, SYDNEY, Asia, Japan, Straits, Hormuz, OF ASIA, ” “, GENEVA, OPEC, U.S, Tehran
Strained France-Germany ties slow EU decision making
  + stars: | 2023-10-09 | by ( Michel Rose | ) www.reuters.com   time to read: +6 min
From joint defence programmes to nuclear energy or relations with China, Paris and Berlin are at odds over a growing number of issues. In an August speech Macron made his frustration public, calling Germany's position on nuclear energy "a historic mistake". Germany decided to phase out nuclear energy after Japan's Fukushima disaster in 2011, closing its last reactors in April. It is unclear if France and Germany can hash out a deal in Hamburg ahead of a crucial EU energy meeting on Oct. 17, but analysts are doubtful. Although the concept was criticised for having failed with Russia, German officials believe trade ties with a country like China could prevent conflict.
Persons: Emmanuel Macron, Olaf Scholz, Sarah Meyssonnier, Macron, Detlef Seif, Marc, Antoine Eyl, Wolfgang Munchau, hasn't, Wandel, Handel, Noah Barkin, Sarah Marsh, Kate Abnett, Michel Rose, Rachel Armstrong, Elaine Hardcastle Organizations: Weimar, REUTERS, German Christian Democratic Union, BASF, Reuters, EDF, Franco, GMF, Thomson Locations: Paris, France, Hamburg, Berlin, China, German, Germany, Ukraine, Europe, EU, Franco, Italian, Russia, Brussels, Beijing
Morning Bid: Oil up but restrained on Mideast jolt
  + stars: | 2023-10-09 | by ( ) www.reuters.com   time to read: +5 min
Pump jacks operate in front of a drilling rig in an oil field in Midland, Texas U.S. August 22, 2018. U.S. crude oil prices rose about 3% higher on Monday as Israel retaliated for Saturday's shock attack by the Islamist group Hamas. With concern about a spillover over the long-running conflict to the wider stage, oil and other traditional global 'safety' plays caught a bid. What's more, any direct connection to Iran's possible involvement would scupper any easing of sanctions there and affect an estimated 3% of world oil supply. A sustained oil price rise from here could aggravate the inflation picture the Fed is negotiating - but could also drag on growth too.
Persons: Nick Oxford, Mike Dolan, Israel, What's, Friday's, Jaime Gilinski, Michael Barr, Philip Jefferson, Lorie Logan, Bank of England policymaker Catherine Mann, Bernadette Baum Organizations: Midland , Texas U.S, REUTERS, Hamas, Saudi, White, Street, Tehran, Treasury, U.S, Columbus Day, New York Stock Exchange, Nasdaq, Stock, Tel, Bank of Israel, Federal Reserve, Metro Bank, Metro, Columbus, Federal, NYSE, World Bank, IMF, Dallas Fed, Bank of England, United, Thomson, Reuters Locations: Midland , Texas, U.S, Iran, Saudi Arabia, Israel, Saudi, Russia, Tel Aviv, Europe, Marrakesh, Morocco, United States
US stocks skid, oil surges on Middle East conflict
  + stars: | 2023-10-09 | by ( Wayne Cole | ) www.reuters.com   time to read: +4 min
In particular, there was a chance oil supplies from Iran might be disrupted, they added. "Given the tightness already facing physical oil markets in Q4 2023, an immediate reduction in Iran's oil exports risks pushing Brent futures above $US100/bbl in the short term." Early Monday, markets seemed to think developments in the Middle East would lean against further Fed hikes, and perhaps hasten a policy easing next year. The news from the Middle East could sour the start of corporate earnings season with 12 S&P 500 companies reporting this week including JP Morgan, Citi, and Wells Fargo. "Near-trend economic growth and moderating inflation pressures will support modest sales growth and slim margin improvement," Goldman analysts aid in a note.
Persons: Androniki, Brent, Israel, JP Morgan, Goldman Sachs, Goldman, Wayne Cole, Shri Navaratnam, Sonali Paul Organizations: Nikkei, REUTERS, CBA, bbl, Nasdaq, Reserve, Citi, Thomson Locations: Tokyo, Japan, SYDNEY, Asia, South Korea, Iran, Gaza, Pacific, China, Wells
US stocks slip, Treasuries rise on Middle East violence
  + stars: | 2023-10-08 | by ( Wayne Cole | ) www.reuters.com   time to read: +3 min
"The risk is higher oil prices, a slump in equities, and a surge in volatility that supports the dollar and yen, and undermine 'risk' currencies," said analysts at CBA in a note. In currency markets, the yen was the main gainer though moves were modest overall. The news from the Middle East could also sour the start of corporate earnings season with 12 S&P 500 companies reporting this week including JP Morgan, Citi, and Wells Fargo. Early Monday, markets seemed to think developments in the Middle East would lean against further Fed hikes, and perhaps hasten a policy easing next year. China also returns from holiday this week with a deluge of data including consumer and producer inflation, trade, credit and lending growth.
Persons: Androniki, Israel, Brent, JP Morgan, Wayne Cole, Shri Navaratnam Organizations: Nikkei, REUTERS, CBA, Nasdaq, Citi, Reserve, Thomson Locations: Tokyo, Japan, SYDNEY, Asia, Iran, Straits, Hormuz, Gaza, Wells Fargo, China
U.S. stocks slip, oil surges on Middle East violence
  + stars: | 2023-10-08 | by ( Wayne Cole | ) www.reuters.com   time to read: +3 min
"The risk is higher oil prices, a slump in equities, and a surge in volatility that supports the dollar and yen, and undermine 'risk' currencies," said analysts at CBA in a note. "A response by Iran in the Straits of Hormuz is the wild-card for oil supply and currency reaction." Any sustained rally in oil prices would act as a tax on consumers and add to inflationary pressures, which weighed on equities as S&P 500 futures shed 0.8% and Nasdaq futures lost 0.7%. The news from the Middle East could also sour the start of corporate earnings season with 12 S&P 500 companies reporting this week including JP Morgan, Citi, and Wells Fargo. Early Monday, markets seemed to think developments in the Middle East would lean against further Fed hikes, and perhaps hasten a policy easing next year.
Persons: Androniki, Israel, Brent, JP Morgan, Wayne Cole, Shri Navaratnam Organizations: Nikkei, REUTERS, CBA, Nasdaq, Citi, Reserve, Thomson Locations: Tokyo, Japan, SYDNEY, Asia, Iran, Straits, Hormuz, Gaza, Wells Fargo, China
MANCHESTER, England (AP) — There was relief, at last, for Erik ten Hag and Manchester United after a late 2-1 comeback win against Brentford on Saturday. “It has to be a turning point, but also a restart because we have to get into higher levels," the United manager said. “The spirit is good, the belief is good and the team is together. Prior to the midfielder's late interventions, United was on course for a seventh loss of a season that was threatening to unravel. And afterwards he reminded his underperforming team of the expectations that come with playing for United.
Persons: Erik ten Hag, Scott McTominay, United, Casemiro, Mathias Jensen's, Andre Onana, , Thomas Frank, , Erik, Yves Bissouma's, James Maddison, Harry Kane, Micky van de Ven’s, Mauricio Pochettino, Raheem Sterling, Cole Palmer, Sterling, Gareth Southgate, Palmer, Sean Dyche, Andoni Iraola, haven’t, I’m, ___ James Robson Organizations: Manchester United, Brentford, Brighton, Crystal Palace, Galatasaray, League, Real Madrid, United, , Premier League, SPURS, Ange, Tottenham, Luton, Spurs, Celtic, CHELSEA, Chelsea, Burnley couldn't, Turf, Three Lions, Manchester City, EVERTON WINS Everton, Bournemouth, Merseyside club's, Rayo Vallecano, Sheffield United, Fulham, Blades, Nottingham Forest Locations: MANCHESTER, England, Old Trafford, Crystal, Australia, Spanish
BALTIMORE (AP) — For the first time this postseason, the maligned Texas bullpen had to protect a slim lead in the late innings. The late innings weren't all that stressful in the Wild Card Series against Tampa Bay, as Texas outscored the Rays 11-1 for a two-game sweep. Kyle Bradish struck out nine in 4 2/3 innings for the Orioles but allowed two runs in the fourth to take the loss. Orioles: Baltimore had to leave LHP John Means — who was a possible candidate to start Game 3 — off the roster because of elbow soreness. UP NEXTMontgomery is set to start Game 2 for the Rangers on Sunday against Baltimore rookie Grayson Rodriguez.
Persons: Josh Sborz, Aroldis Chapman, José Leclerc wobbled, Andrew Heaney, Dane Dunning, , Bruce Bochy, Josh Jung, Jacob deGrom, Max Scherzer —, they've, Heaney, Dunning, Will Smith, Sborz, Chapman, Leclerc, Jung, snagged Anthony Santander's, Ryan Mountcastle, Gunnar Henderson, Jonah Heim, Henderson, Brandon Hyde didn't, ” Hyde, Kyle Bradish, Jordan Montgomery, Nathan Eovaldi, it's, Adam Jones, Joan Jett, Bradish, García, Evan Carter, Heim, Carter, Mountcastle, Aaron Hicks, Adam Frazier, Cedric Mullins, Ryan O'Hearn, , Marcus, Adley, he's, ” Jung, hasn't, LHP John Means —, Grayson Rodriguez, Montgomery, Rodriguez, ___ Organizations: BALTIMORE, Texas, Rangers, Baltimore Orioles, AL, Orioles, Rays, Tampa Bay, Santander, ., Scherzer, The Orioles, AL East, Camden Yards, Baltimore, Montgomery, Sunday Locations: Baltimore, . Texas, Tampa Bay, Toronto, Texas, Marcus Semien . Texas, Henderson
Each episode will focus on one of those states — the distracted brain, the frightened brain, the nourished brain, etc. (While her paper was published in 2021 in Nature Scientific Reports, Mosconi has kept adding women’s brain scans to her database.) She adds that what happens during menopause can have implications for brain health in later years. “Active smoking is a huge ‘no’ for both menopause but also for brain health,” she said. “Physical activity is really supportive of hormonal health and brain health,” she noted.
Persons: Sanjay Gupta, , ” Lisa Mosconi, ” Mosconi, Mosconi, Lisa Mosconi, That’s, , , they’re, I’m Organizations: CNN, Weill Cornell Medicine, Nature Locations: New York City
WNBA Finals feature 'Superteam' showdown for the ages
  + stars: | 2023-10-06 | by ( Amy Tennery | ) www.reuters.com   time to read: +3 min
The Aces defeated the Wings 97-83. Mandatory... Acquire Licensing Rights もっと読むNEW YORK, Oct 6 (Reuters) - A "superteam" showdown fans were clamoring for tips off on Sunday as the defending champion Las Vegas Aces play a New York Liberty team hungry for a maiden major title in the WNBA Finals. The number one Aces lost twice MVP Candace Parker to injury in July but never missed a beat as last year's Most Valuable A'ja Wilson propelled Sin City to a WNBA record 34 wins. "We saw a different level of excitement in the off season this year because of the superteam narrative," said ESPN commentator and former WNBA All-Star Rebecca Lobo. New York coach Sandy Bronello said relief was her primary emotion as the Liberty eked out an 87-84 win in Game 4 against Connecticut.
Persons: A'ja Wilson, Kelsey Plum, Kiah Stokes, Chelsea Gray, Jackie Young, Breanna Stewart, Candace Parker, Rebecca Lobo, Wilson, Stewart, Lobo, Larry Bird, Magic Johnson, They've, Jonquel Jones, Sandy Bronello, Brondello, Becky Hammon, Hammon, Amy Tennery, Ed Osmond 私 Organizations: Las Vegas Aces, Dallas Wings, Michelob, The Aces, Wings, New York Liberty, WNBA, Liberty, Aces, ESPN, San Francisco Bay Area, NBA, Chicago Sky, Washington Mystics, Connecticut, Phoenix Mercury Locations: Las Vegas , Nevada, USA, Sin, San Francisco Bay, Las Vegas, New York
[1/2] Police detain suspects as they patrol along the German-Polish border to prevent illegal migration near Klinge, Germany, September 20, 2023. Interior Minister Nancy Faeser urged Germany's 16 states on Wednesday to provide asylum seekers with material benefits rather than cash, to reduce the country's pull factor. Migration analysts say much of the tougher stance is electioneering ahead of elections in Hesse and Bavaria on Sunday and in three eastern German states next year. Vorlaender noted that even if tougher controls worked, Germany risked creating a bigger problem for transit countries by bottling in migrants there. Germany's tougher stance on migration isn't so much a policy reversal as an evolution, said Susan Fratzke at the Migration Policy Institute.
Persons: Lisi Niesner, Nancy Faeser, Germany's, Olaf Scholz, Angela Merkel, Scholz, Russia's, Hannes Schammann, SHAM, Merkel, Friedrich Merz, , ” Merz, Merz, Alberto ‑ Horst Neidhardt, Hans Vorlaender, Vorlaender, Ludovit, Susan Fratzke, Schammann, Sarah Marsh, Riham, Jan Lopatka, Alan Charlish, Mark Heinrich Our Organizations: Police, REUTERS, Authorities, EU, EU's Agency for Asylum, University of Hildesheim, Christian Democratic Union, European, Faeser, Migration Policy Institute, Berlin, Thomson Locations: Klinge, Germany, Berlin, BERLIN, Hesse, Bavaria, Europe, Poland, Czech Republic, Austria, Slovakia, Hungary, Turkey, Ankara, Prague, Warsaw
However, Red Bull Racing’s 2023 competitor, the RB19, has absolutely fried the system and blown past the boundaries of what appeared possible in this sport. Mark Thompson/Getty ImagesNewey has been designing F1 cars since 1988 and has won 12 Constructors’ Championships, split between his time at Williams, McLaren and Red Bull. Red Bull team principal Christian Horner has described Newey as “the only bloke that can see air” in an interview with Red Bull. And Mercedes eventually ceded its position at the summit of F1 to Red Bull in 2022 after being in control for much of the turbo-hybrid era. But it does raise the question: how far can Red Bull go?
Persons: Red Bull, Max Verstappen, we’ve, Lawrence Barretto, It’s, Edd Straw, Sergio Pérez, Ferrari’s Carlos Sainz, Sebastian Vettel’s, Bull, Verstappen, Vettel, Michael Schumacher’s, Mercedes ’, Mark Thompson, Lewis Hamilton, , , ” Verstappen, Hamilton, Adrian Newey, Newey, Red, McLaren, , Christian Horner, Straw, Max, “ We’ve, Michael Schumacher, Mercedes, hasn’t, he’s, Clive Mason, Lewis, Michael, Seb, Roger Federer’s, Bill Belichick, Tom Brady, Clive Rose, Bull won’t, George Russell, ” Horner Organizations: CNN, , CNN Sport, , Suzuka, Singapore, Prix, Verstappen, Monza, Austrian, FIA, Sky Sports, Bulls, Constructors, Williams, Ferrari, Getty, BBC Radio Locations: Miami, Qatar, Austrian, , New England
REUTERS/Staff/File Photo Acquire Licensing RightsLONDON, Oct 5 (Reuters) - European stocks rose on Thursday, after a plunge in oil prices and softer U.S. labour data late on Wednesday helped bring U.S. Treasury yields back down from 16-year highs. European government bond yields were mixed, with the benchmark 10-year German yield up 2 basis points at 2.921% . "The question everyone’s asking is: can yields continue to rise further and at what point are yields going to cause some serious damage on the economy?” said Baylee Wakefield, a portfolio manager at Aviva Investors. ING FX analysts cautioned in a client note that markets may be putting too much weight on Wednesday's private payrolls data. In currencies, the U.S. dollar index was down 0.1% at 106.530 , off a peak earlier in the week of 107.34.
Persons: , Baylee Wakefield, Elizabeth Howcroft, Elaine Hardcastle, Sharon Singleton Organizations: REUTERS, Staff, Wednesday, Treasury, U.S . Federal Reserve, Nasdaq, Aviva Investors, Analysts, ING, U.S, Bank of, U.S ., Thomson Locations: Frankfurt, Germany, U.S, Bank of Japan, Japan
The surprisingly strong economy has led investors to worry that the Fed will keep rates higher for longer, which, in turn, drove US Treasury yields higher. As stocks have declined and bond yields have soared, bond prices have tanked, causing pain for investors who bet that the Fed would curtail its rate-hiking campaign earlier this year. Treasury yields rose to their highest level in over a decade earlier this week, before edging lower on a cooldown in employment data on Wednesday. Bond prices cratered in 2022 after the Fed began drastically raising near-zero rates to tame runaway inflation. US Treasury bond prices jumped earlier this year after the collapse of several regional lenders led traders to bet that the Fed would soon ease its aggressive pace of interest rate hikes.
Persons: , Noah Wise, Matt Miskin, FactSet, Miskin, Wise, doesn’t, you’re, ” Wise, Sam Bankman, Nathan Rehn, Allison Morrow, , ” Rehn, Read, Samantha Murphy Kelly Organizations: CNN Business, Bell, CNN, Treasury, Dow Jones, Nasdaq, Allspring Global Investments, John Hancock Investment Management, Fed, US Treasury, Google Locations: Manhattan, Bahamas, New York City
Morning Bid: A bond bounce, or a bull trap?
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Traders are pictured at their desks in front of the DAX board at the stock exchange in Frankfurt, Germany July 29, 2015. REUTERS/Remote/Pawel Kopczynski/File photo Acquire Licensing RightsA look at the day ahead in European and global markets from Tom WestbrookRelief extended from Wall Street to Marunouchi on Thursday, with bond yields and the dollar down further and stock markets stabilising. A cooler-than-expected U.S. private payrolls report and Wednesday's 5% drop in crude oil prices have helped. The oil slump was particularly noteworthy as the biggest in more than a year, pushing the price below where it was a year ago. The yen has also risen to the strong side of 149-per-dollar, giving traders something of a break from white-knuckling uncertainty over possible intervention by Japan.
Persons: DAX, Westbrook, ECB's, Fed's Kashkari, Daly, Mester, Tom Westbrook, Edmund Klamann Organizations: REUTERS, Treasury, Friday's, Thomson Locations: Frankfurt, Germany, Marunouchi, Japan, China, Asia, South Korea, Philippines, Friday's U.S, Barr
GRANADA, Spain (AP) — Almost 50 European leaders used a summit in the southern Spanish city of Granada on Thursday to stress that they stand by Ukraine at a time when Western resolve appears somewhat weakened. Ukrainian President Volodymyr Zelenskyy said that beside maintaining such unity, more military aid to get through the winter was essential. And especially now that questions about continued support are growing in the United States too. “I am very confident of support for Ukraine from the United States. What the United States is working on is the timing," European Commission President Ursula von der Leyen said.
Persons: Volodymyr Zelenskyy, Zelenskyy, Vladimir Putin, Joe Biden, Biden, ” Zelenskyy, Robert Fico, Hungary’s, Pedro Sánchez, , Ursula von der Leyen, Josep Borrell, doesn’t, Putin, Borrell, Putin's, , Ilham Aliyev, Nikol Pashinyan, Vjosa Osmani, Aleksandar Vucic, Osmani, wantssanctions, Raf Casert, Aritz Parra, Ciarán Giles, Joseph Wilson, Semini Organizations: Political, U.S, Congress, White, Republicans, European Union, Kyiv, Armenian, Yerevan, Kosovo, Serbian, Belgrade, Serbia Locations: GRANADA, Spain, Spanish, Granada, Ukraine, United States, Europe, Kyiv, Slovakia, Russia, U.S, Azerbaijan, Armenia, Nagorno, Karabakh, Serbia, , Kosovo, Brussels, Madrid, Barcelona, Tirana, Albania
NEW YORK (AP) — Donald Trump's court appearances are no longer distractions from his campaign to return to the White House. The appearance demonstrated how deftly Trump has used his legal woes to benefit his campaign. Trump spent the day seated at the defense table observing the proceedings, at times leaning to confer with his lawyers. Kevin Wallace, a lawyer in James’ office, promised to link the cited incidents to a more recent loan agreement. Plans for Trump to attend the New York trial's first days were first revealed in legal filings last week.
Persons: — Donald Trump's, Trump, , , Ari Fleischer, Fleischer, Letitia James, Arthur Engoron, James, he’d, Kevin Wallace, James ’, I’ve, York trial's, Michael Cohen, E, Jean Carroll, “ I've, Michael R Organizations: GOP, Trump, White House, Justice Department, New York, York, Associated Press Locations: New York, Trump, Manhattan, it's, Iowa , New Hampshire, Washington, South Carolina, York, Georgia, Sisak
The yen fell to within a whisker of 150-per-dollar and its weakness is a boon for exporters' and the pricing of their foreign earnings in yen. European futures rose 0.2%. Japanese stocks were also boosted by the Bank of Japan's quarterly Tankan survey, which showed an improvement in business sentiment. In the Treasury market 10-year yields rose 4 bps to 4.6124% and the two-year yield rose 3.7 bps to $5.0832%. Crude oil steadied after late-week fallsBrent December crude futures rose 16 cents, or 0.2%, to $92.36 a barrel.
Persons: Issei Kato, Christopher Wong, Brent, Kevin Buckland, Tom Westbrook, Edwina Gibbs, Simon Cameron, Moore Organizations: U.S, REUTERS, Rights, Japan's Nikkei, Bank, Bank of Japan, Futures, Treasury, New, . West Texas, Thomson Locations: Tokyo, Japan, U.S, India, Hong Kong, China, Asia, Pacific, New Zealand, Singapore
Japan stocks soar as yen hits 1-year low
  + stars: | 2023-10-02 | by ( Kevin Buckland | ) www.reuters.com   time to read: +3 min
A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023. U.S. stock futures rose 0.6%, pointing to a rebound from the S&P 500's 0.3% drop on Friday. Japanese stocks were also boosted by the Bank of Japan's quarterly Tankan survey, which showed an improvement in business sentiment. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel after falling 90 cents at the end of last week. U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.
Persons: Issei Kato, Korea's, Michele Bullock, Kevin Buckland, Edwina Gibbs Organizations: U.S, REUTERS, Rights, Nikkei, Golden, Bank, Brent, . West Texas, Thomson Locations: Tokyo, Japan, U.S, Hong Kong, China, New, expansionary
TOKYO (Reuters) -Japan’s business sentiment improved in the third quarter, a central bank survey showed, suggesting conditions for a durable economic revival are falling into place even as a global slowdown keeps policymakers cautious about the outlook. Big non-manufacturers’ index stood at 27, up from 23, the survey showed, above a median market forecast of 24 and improving for the sixth straight quarter. The survey showed big manufacturers expect conditions to improve three months ahead, though sluggish global demand and signs of weakness in China’s economy cloud the outlook. “The tankan showed Japan is on track for a domestic-demand led growth. But analysts expect a mild contraction in the July-September quarter as sluggish global demand weigh on exports.
Persons: Maki Shiraki, , Marcel Thieliant, Yoshimasa Maruyama Organizations: Nissan, Co, Ltd's, EV, REUTERS, Companies, Bank of Japan, Capital Economics, Big, Nikko Securities Locations: TOKYO, Tochigi prefecture, Japan, Asia, U.S
Oct 3 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Investors in Asia are also awaiting the Reserve Bank of Australia's latest policy decision and guidance on Tuesday. But it is the relentless rise in U.S. Treasury yields and the dollar that will set the tone across the region. But the yen continues to slide, suggesting it is still being driven by U.S. yields and the dollar side of the equation. All but two of 32 economists in a Sept. 27-28 poll expected the RBA to hold its official cash rate steady.
Persons: Jamie McGeever, Deepa Babington Organizations: Treasury, Investors, Reserve Bank, Australia's, Bank of Japan, Aussie, ., Reserve Bank of Australia, PMI, Thomson, Reuters Locations: Asia, U.S, Japan, Tokyo, Australia, PMIs, South Korea
Families are "squeezing to make ends meet," caught between rising prices and a lack of accessible child care, Kim Bracey, chief executive of the YWCA York, told Powell. Julie Keene, owner of Flinchbaugh’s Orchard, zeroed in on inflation, and pressed Powell on the uncertain environment businesses have having to navigate. In conversations with shopkeepers, Powell and Harker focused on aspects of the businesses and the owners' backgrounds - not inflation or the impact of interest rates. Speaking with Reuters ahead of their arrival at her shop she said high interest rates were pressing her hard. "I mean, lower the interest rates," she said.
Persons: Jerome Powell, Evelyn Hockstein, Powell, Kim Bracey, Julie Keene, Keene, Bracey, Gallup, Alan Greenspan, Patrick Harker, Michelle Wright, Mane, Wright, Harker, Drayden, Jennifer Heasley, Howard Schneider, Dan Burns Organizations: Federal, Federal Reserve, REUTERS, Monday, YWCA York, Philadelphia Fed, Luxe, York Central Market, Thomson Locations: Washington , U.S, Pennsylvania, York , Pennsylvania, Philadelphia, Flinchbaugh’s Orchard, zeroed, Keene, Powell
Not Amethyst Sistine Silva. “We were out there just to make memories,” Robert Silva, Amethyst’s father, told CNN. Amethyst’s parents were told she died some time after they got her to a hospital, they said. An in-classroom memorial created by students and staff is seen for Amethyst Sistine Silva. Just as his daughter once clung to the palms of her parents, Silva firmly holds dear the memories of his beloved Ame.
Persons: Silva, ” hadn’t, , Melinda Cruz, , don’t, ’ ”, ” Robert Silva, Amethyst’s, , , ” Silva, Amethyst, Mauricio R, Sistine Silva, Robert Silva, Celis, ” Celis, Amethyst Silva, Angelica Hernandez, ’ ” Silva, ” Cruz, Robert Silva Amethyst, She’d, she’d, “ You’re, Noah, Cruz, Grace, John, Amethyst Sistine Silva, Robert Silva “ Organizations: CNN, Amethyst, Corpus Christi Police Department, Firearms, Bush, Police, Amethyst Sistine Locations: Corpus Christi , Texas, America, Nueces
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