Analysis-Cash is leaving China again, pressuring yuan

Analysis-Cash is leaving China again, pressuring yuan

By Winni Zhou and Ankur BanerjeeSHANGHAI/SINGAPORE (Reuters) – A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China’s domestic investors are shelving expectations for any immediate recovery in their home markets and...
European shares open lower as tech losses weigh

European shares open lower as tech losses weigh

(Reuters) – European shares opened lower on Friday, with technology shares at the helm of the selloff, while Danish brewer Carlsberg Group slumped after British soft drinks maker Britvic rejected its $3.9 billion revised takeover proposal. The pan-European STOXX...
Take Five: It’s all about the data

Take Five: It’s all about the data

LONDON (Reuters) – For markets trying to assess how quickly interest rate moves are likely to come, it’s all about the data.That puts a closely watched U.S. inflation gauge, Tokyo’s CPI index and preliminary June data from some euro zone economies in...