LONDON/SYDNEY—World stocks were heading on Friday for a 1 percent loss on the week, drifting from recent two-month highs after U.S. Federal Reserve officials fired more warning shots on interest rates, while the U.S. bond yield curve priced for a recession. The dollar and bond yields rose after St. Louis Fed President James Bullard said…

LONDON—Nagging recession and interest rate worries had Europe’s markets spluttering on Thursday, and the pound started to sag as Britain looked to put last month’s disastrous fiscal experiment behind it with an austere-looking budget. Trading got off to a choppy start as optimism about Siemens’ earnings and that the European Central Bank might slow its…

LONDON—Global stocks pared losses and the dollar fell on Wednesday after U.S. President Joe Biden told G7 and NATO partners that a missile blast in Poland was caused by a Ukrainian defense missile, dispelling fears that it originated from Russia. Initial relief among investors was enough to encourage some flows back into equities and commodities,…