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Euro drops to 17-month low on France debt concerns

Euro drops to 17-month low on France debt concerns

By Chuck Mikolajczak NEW YORK, Oct 5 (Reuters) - The euro stumbled to a 17-month low against the dollar on Monday as concerns about France's ability to tame its budget deficit and a sharp bond market selloff last week boosted fears of a potential sovereign debt crisis in the euro zone, while US
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Dollar holds firm as French fiscal woes keep euro on back foot

Dollar holds firm as French fiscal woes keep euro on back foot

By Ankur Banerjee SINGAPORE, Oct 5 (Reuters) - The dollar started the week on a firm footing, hovering near a 17-month high on Monday as traders weighed receding odds of a Federal Reserve rate hike this month after soft US jobs data while fiscal worries in France left the euro vulnerable.
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Euro slides on France worries; Fed pause hopes support stocks

Euro slides on France worries; Fed pause hopes support stocks

By Danilo Masoni and Rae Wee MILAN/SINGAPORE, Oct 5 (Reuters) - Concerns over France's fiscal position pushed the euro to a 17-month low on Monday and weighed on French assets, though easing bets of a Fed rate hike this month supported broader markets.
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Euro at 17-month low, dollar near pre-Liberation Day highs

Euro at 17-month low, dollar near pre-Liberation Day highs

By Stefano Rebaudo Oct 5 (Reuters) - The euro slid to a 17-month low against the dollar on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond market sell-off last week stirred fears of a return of sovereign debt crisis dynamics in the euro zone.
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Euro slides on France worries, as Brazil markets eye rally

Euro slides on France worries, as Brazil markets eye rally

By Danilo Masoni and Rae Wee MILAN/SINGAPORE, Oct 5 (Reuters) - Concerns over France's fiscal position pushed the euro to a 17-month low on Monday and weighed on French assets, though easing bets on a Federal Reserve rate hike helped cushion broader market sentiment as investors looked to Wall
ReutersReuters
Euro sinks to 17-month low on France debt fears

Euro sinks to 17-month low on France debt fears

By Chuck Mikolajczak NEW YORK, Oct 5 (Reuters) - The euro slumped to a 17-month low against the dollar on Monday as concerns about France's ability to rein in its budget deficit and a sharp bond market selloff last week elevated fears of a potential sovereign debt crisis in the euro zone, while US
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Asian shares track Wall Street higher, Treasury yields near multi-decade highs

Asian shares track Wall Street higher, Treasury yields near multi-decade highs

By Stella Qiu SYDNEY, Oct 6 (Reuters) - Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.
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French bond contagion fears are rattling the euro

French bond contagion fears are rattling the euro

By Dhara Ranasinghe and Alun John LONDON, Oct 5 (Reuters) - A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader euro area.
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US stocks mixed, while euro slides on France worries and Brazil markets surge

US stocks mixed, while euro slides on France worries and Brazil markets surge

By Lawrence Delevingne and Danilo Masoni Oct 5 (Reuters) - US stocks were mixed in early trading on Monday, as easing bets on a Federal Reserve rate hike helped cushion broader market sentiment, although Treasury yields and oil prices remained elevated.  
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Trading Day: Nasdaq highs, Brazil surprise

Trading Day: Nasdaq highs, Brazil surprise

By Jamie McGeever ORLANDO, Florida, Oct 5 (Reuters) - The Nasdaq surged to a fresh high on Monday, as earnings optimism and lower oil prices offset rising bond yields.
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Morning Bid: The euro has a France problem

Morning Bid: The euro has a France problem

A look at the day ahead in European and global markets from Rae Wee The dollar charged higher on Monday, drawing support from still-lofty Treasury yields even after a weaker-than-expected jobs report dampened expectations of a Federal Reserve rate hike this month.
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Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows

Euro zone business growth hits over 3-1/2-year high despite inflation worries, PMI shows

By Indradip Ghosh BENGALURU, Oct 5 (Reuters) - Euro zone business activity expanded at its fastest pace in nearly 3-1/2 years in September as demand remained strong despite inflation worries stemming from the Middle East war, according to a private survey which also showed resurgent price pressures.