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Russian court freezes funds of US banks JP Morgan and Mellon

Russian court freezes funds of US banks JP Morgan and Mellon Oct 2 (Reuters) - The Moscow Region Arbitration Court on Wednesday froze funds of the U.S. Bank of New York Mellon BK.N held by the Russian branch of Citibank C.N as well as funds of JP Morgan Chase held by its Russian affiliate of Morgan Chase Bank amounting in total to about $372 million.
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Dollar to stay unfazed despite growing uncertainties

POLL-Dollar to stay unfazed despite growing uncertainties reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll data By Sarupya Ganguly BENGALURU, Oct 2 (Reuters) - The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX strategists polled by Reuters who were, however, largely split on the currency's broad direction.
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Surprise, surprise: U.S. exceptionalism might be back

LIVE MARKETS-Surprise, surprise: U.S. exceptionalism might be back STOXX 600 little changed oil stocks rally, Brent up $2 Airlines fall, defence up Wall St futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SURPRISE, SURPRISE: U.S.
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US election: implications for Europe

LIVE MARKETS-US election: implications for Europe STOXX 600 down 0.2% oil stocks rally, Brent up $2 Airlines fall, defence up Wall St futures down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com US ELECTION: IMPLICATIONS FOR EUROPE The U.S.
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Brazilian digital bank PicPay eyes Nasdaq IPO in 2025

Brazilian digital bank PicPay eyes Nasdaq IPO in 2025 By Luciana Magalhaes and Paula Arend Laier SAO PAULO, Oct 2 (Reuters) - Brazilian digital bank PicPay will start hiring financial firms to carry out a planned initial primary offering in New York next year , two people familiar with the matter told Reuters. It will be the second time PicPay, owned by the holding group J&F, which also controls meatpacker JBS JBSS3.SA , aims to list shares in the U.S.
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European shares end flat as rising energy shares offset concern over Middle East

UPDATE 2-European shares end flat as rising energy shares offset concern over Middle East For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 flat Defence companies rise amid Middle East conflict Euro zone's unemployment rate at 6.4% for August Updated at 1620 GMT By Pranav Kashyap and Shashwat Chauhan Oct 2 (Reuters) - Europe's STOXX 600 ended flat on Wednesday as investors shied away from risk-taking amid more warfare in the Midd
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BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends

UPDATE 3-BBVA tweaks Sabadell offer to keep $13.4 billion value after dividends Tweaked offer adds cash payment of 0.29 euros per share RBC sees cash component rising, room for 10% improvement Caixabank, Citi see new hit of 7-8 bps to BBVA's capital Spanish government opposes the tie-up Adds no comment from BBVA on brokers' estimates for capital impact in paragraph 7, current valuation of the deal in 13 By Jesús Aguado MADRID, Oct 2 (Reuters) - Spain's BBVA BBVA.MC said on Tuesday it had adjust
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Citigroup expects ECB to cut policy rates by 25 bps in October meeting

Citigroup expects ECB to cut policy rates by 25 bps in October meeting Oct 2 (Reuters) - Citigroup said that it now expects the European Central Bank (ECB) to cut interest rates by 25 basis points in its Oct. 17 meeting, according to a note on Tuesday. The brokerage said this revision comes after ECB President Christine Lagarde in her hearing at the European Parliament said that the Council’s confidence in a timely return of inflation to target had increased, and that the Council will take tha
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Top Economic Events to November 28

DIARY-Top Economic Events to November 28 Oct 2 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ------------------------------------------------------------- This Diary is filed daily.
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Emerging Markets Economic Events to November 29

DIARY-Emerging Markets Economic Events to November 29 Oct 2 (Reuters) - For other diaries, please see: Top Economic Events M/DIARY Emerging Markets Economic Events EMRG/DIARY Government Debt Auctions D/DIARY Political and General News POL/DIARY U.S. Federal Reserve FED/DIARY Today in Washington WASH/DIARY ---------------------------------------------------------------- This diary is filed daily.
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Wall Street sinks as Mideast tensions escalate

LIVE MARKETS-Wall Street sinks as Mideast tensions escalate Main U.S. indexes end down; Nasdaq off most, falls ~1.5% Tech down most among S&P sectors; Energy leads gainers Dollar rallies; gold up ~1%; crude surges >3%; bitcoin down ~4% U.S. 10-Year Treasury yield falls to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Fed terminates 2013 money-laundering enforcement action against Citigroup

UPDATE 1-Fed terminates 2013 money-laundering enforcement action against Citigroup Adds context, Citi response By Pete Schroeder WASHINGTON, Oct 1 (Reuters) - The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup C.N over shortcomings in its capacity to police money laundering. The enforcement action , which did not carry a fine, was filed against the bank and its Banamex subsidiary over deficiencies in the firms' anti-money launderi
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Fed terminates 2013 money-laundering enforcement action against Citigroup

Fed terminates 2013 money-laundering enforcement action against Citigroup WASHINGTON, Oct 1 (Reuters) - The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup C.N over shortcomings in its capacity to police money laundering. The enforcement action , which did not carry a fine, was filed against the bank and its former Banamex subsidiary over deficiencies in the firms' anti-money laundering programs, and ordered the firm to strengthen
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Fed easing, seasonal factors likely boosting crypto for rest of 2024, 2025

LIVE MARKETS-Fed easing, seasonal factors likely boosting crypto for rest of 2024, 2025 U.S. equity indexes under pressure; Nasdaq off ~2% Middle East tensions spike Tech down most among S&P sector; Energy leads gainers Dollar gains; gold up >1%; crude surges ~5%; bitcoin down >4% U.S. 10-Year Treasury yield slides to ~3.71% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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In wake of big buying spree, BofA clients step back

LIVE MARKETS-In wake of big buying spree, BofA clients step back U.S. equity indexes under pressure; Nasdaq off >1.5% Tech down most among S&P sector; Energy leads gainers Euro STOXX 600 index off ~0.4% Dollar gains; gold up ~1%; crude surges ~4%; bitcoin down >1.5% U.S. 10-Year Treasury yield slides to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Tuesday data dump: JOLTS, PMI, construction spending

LIVE MARKETS-Tuesday data dump: JOLTS, PMI, construction spending U.S. equity indexes under pressure; Nasdaq off Tech down most among S&P sector; energy surges Euro STOXX 600 index off ~0.4% Dollar gains; gold up ~1%; crude surges >4%; bitcoin down U.S. 10-Year Treasury yield slides to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Wall Street falls sharply amid Mideast tensions, ahead of jobs data

LIVE MARKETS-Wall Street falls sharply amid Mideast tensions, ahead of jobs data U.S. equity indexes under pressure; Nasdaq off >1.5% Energy leads S&P sector gainers; Tech weakest group Euro STOXX 600 index off ~0.6% Dollar gains; gold up ~1%; crude up ~3%; bitcoin down >1.5% U.S. 10-Year Treasury yield slides to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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As U.S. stock bulls run, can animal spirits keep pace?

LIVE MARKETS-As U.S. stock bulls run, can animal spirits keep pace? U.S. equity index futures mixed, little changed Euro STOXX 600 index up ~0.4% Dollar, gold gain; bitcoin slips; crude down >1% U.S. 10-Year Treasury yield falls to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com AS U.S.
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Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities

BUZZ-Top of the Street: Worldline, AB InBev, Kering, Getlink, European utilities A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies upgrades French payments group Worldline WLN.PA to "hold" from "underperform" saying it believes the market is already pricing in most of the downside, including the likely need for more restructuring ** Citi ups brewer Anheuser-Busch Inbev ABI.BR to "buy" from "neutral" saying tight cost control could help expand mar
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China EV ADRs gain on higher monthly vehicle deliveries

BUZZ-China EV ADRs gain on higher monthly vehicle deliveries ** China EV ADRs gain premarket on higher monthly vehicle deliveries in September ** U.S.-listed shares of Xpeng XPEV.N up 3.5% at $12.6, Nio NIO.N jumps 5.1% to $7.02, Li Auto LI.O gains 3.6% to $25.58 ** XPENG's smart EV deliveries set new monthly record of 21,352 units, up 39% Y-o-Y an
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