Investing.com-- The U.S. dollar trimmed recent losses against a basket of currencies on Wednesday, after Minneapolis Federal Reserve Head Neel Kashkari said the central bank would keep tightening policy until it saw clear signs of easing inflation.
(Reuters) -Oil prices fell on Wednesday, taking a breather from a near 4% surge the previous day, on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+.
LONDON (Reuters) -Business activity across the euro zone contracted for a second straight month in August as the cost of living crisis forced consumers to curtail spending while supply constraints continued to hurt manufacturers, a survey showed on Tuesday.
SINGAPORE (Reuters) - Asian stock markets slipped for an eighth straight session on Wednesday, and the dollar loomed large as fresh hawkish comments from a Federal Reserve official kept investors cautious ahead of this week's Jackson Hole symposium.
TOKYO (Reuters) - Japan's factory activity growth slowed to a 19-month low in August as output and new order declines deepened, amid growing pressure from persistent rises in raw material and energy costs and weakening global demand.
SYDNEY (Reuters) - Asian shares were down for a sixth straight session on Tuesday after a renewed spike in European energy prices stoked fears of recession and pushed bond yields higher, while tipping the euro to 20-year lows.
