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Europe stocks, US futures up before central banks meet

  Bloomberg European stocks and US futures rise on Monday as traders prepared for a wave of central bank decisions this week amid concerns about economic risks from the omicron virus variant. Miners led an advance in Europe’s Stoxx 600 Index as the price of iron ore jumped on expectations that China will move to increase the stimulus next year. ...

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Stock-market bravado tested as bonds flash Fed policy danger

  Bloomberg The fastest inflation print in nearly 40 years is rattling nerves on Wall Street where economically sensitive trades are hitched to an ultra-accommodative Federal Reserve. The spread between five- and 30-year Treasury yields has narrowed relentlessly this quarter, with that curve now near the flattest since March 2020. It’s a sign bond traders are betting faster rate hikes ...

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UAE, Russia foreign trade to hit $4bn by end of this year

  ABU DHABI / WAM Total foreign trade between Russia and the UAE is set to reach around $4 billion by the end of this year, said Sergey Cherimin, Minister of the Government of Moscow, head of the Moscow Department for Foreign Economic Activity and International Relations. In 2020, this figure stood at $3.3 billion. In an exclusive interview with ...

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