74.53 F
New York
August 18, 2022

EF:MARKETS-MACROMATTERS

Fed minutes show more rate hikes coming, but pace could slow

Reuters
The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 17 (Reuters) – Federal Reserve officials saw “little evidence” late last month that U.S. inflation pressures were easing, and steeled......

Brazil central bank chief flags March 2024 inflation outlook as 2023 worsens

Reuters
People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado/File Photo Register now for FREE unlimited access to Reuters.com Register BRASILIA, Aug 15 (Reuters) – Brazil’s central bank chief on Monday defended policymakers’ focus on 12-month inflation through March 2024 over the 2023......

Thai GDP notches fastest growth in a year on eased COVID curbs

Reuters
A view of Bangkok’s port along Chao Phraya River is photographed during sunset in Bangkok, Thailand, July 19, 2022. REUTERS/Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Register Q2 GDP +2.5% y/y vs +3.1% in Reuters poll Q2 GDP +0.7% q/q sa vs +0.9% in poll Revises 2022......

Japan plans fresh package to cushion blow from rising living costs

Reuters
A man looks at a shop at the Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register PM Kishida instructs cabinet to compile scheme next month Govt eyes holding off hike in sales price of imported wheat Additional steps......

China’s Jan-July property investment falls at fastest pace since March 2020

Reuters
A crane is seen amid residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register BEIJING, Aug 15 (Reuters) – China’s property investment in January-July fell6.4% from a year earlier, the fastest pace since March 2020, and more than......

Germany’s finance minister says he opposes taxing ‘excessive’ profits

Reuters
German Finance Minister Christian Lindner gives a statement in Berlin, Germany July 27, 2022. Michael Kappeler/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register BERLIN, Aug 14 (Reuters) – Germany should not tax “excessive” company profits earned amid an economic and energy crisis as that would interfere......

Bank holiday blues hit UK economy, but by less than feared

Reuters
Soldiers parade outside Buckingham Palace during the Platinum Jubilee Pageant, marking the end of the celebrations for the Platinum Jubilee of Britain’s Queen Elizabeth, in London, Britain, June 5. Frank Augstein/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 12 (Reuters) – Britain’s economy contracted......

Japan July core CPI seen rising 2.4%, near 8-year-high – Reuters poll

Reuters
People make their way at Ameyoko shopping district in Tokyo, Japan, May 20, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – Japan’s core consumer price index (CPI) for July likely rose 2.4% from a year earlier, accelerating to the fastest pace......

Ukraine’s creditors agree 2-year freeze on $20 bln overseas debt

Reuters
Ukraine says move will save it $5 bln over two years Creditors back similar move for 2 state firms Comprehensive debt restructuring seen following freeze LONDON/NEW YORK, Aug 10 (Reuters) – Ukraine’s overseas creditors have backed its request for a two-year freeze on payments on almost $20 billion in international......

U.S. inflation eases as the cost of gasoline plunges

Reuters
Aug 10 (Reuters) – U.S. consumer prices were unchanged in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for weary Americans who have watched inflation climb over the past two years. The Consumer Price Index (CPI) was flat last month......

Fed seen delivering half-point rate hike in Sept as inflation eases

Reuters
The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – Slowing U.S. inflation may allow Federal Reserve policymakers to downshift their most aggressive round of monetary policy tightening in decades when......

Norwegian inflation raises expectations of faster rate hikes

Reuters
People go about their day near Norway’s central bank building in Oslo, Norway May 31, 2017. REUTERS/Ints Kalnins/File Photo Register now for FREE unlimited access to Reuters.com Register Core inflation 4.5% year on year in July vs 3.6% in June Food prices up 10.4% year on year Norges Bank could......

Philippines’ GDP growth momentum cools in Q2 as inflation soars

Reuters
Commuters pass through an elevated pedestrian walkway on Commonwealth Avenue in Quezon City, metro Manila, May 23, 2018. REUTERS/Dondi Tawatao Register now for FREE unlimited access to Reuters.com Register Q2 GDP up 7.4% on year earlier, below +8.6% forecast Growth slowest in three quarters Govt says Q2 growth in line......

China’s export growth gains steam despite weakening global demand

Reuters
China July exports grow at faster pace, beat forecast Import growth does not pick up as much as expected Trade balance hit record high in July Weak foreign demand adds stress to trade, economic outlook BEIJING, Aug 7 (Reuters) – China’s export growth unexpectedly picked up speed in July, offering......

Bangladesh announces fuel prices jump, stokes inflation fears

Reuters
An employee of a gasoline station wearing a protective suit, pumps fuel into a customer’s car amid concerns over the coronavirus disease (COVID-19) outbreak in Dhaka, Bangladesh April 20, 2020. REUTERS/Mohammad Ponir Hossain Register now for FREE unlimited access to Reuters.com Register DHAKA, Aug 6 (Reuters) – Bangladesh raised fuel......

Canada sheds jobs for second month in a row, central bank seen hiking rates

Reuters
A help wanted sign at a store along Queen Street West in Toronto Ontario, Canada June 10, 2022. REUTERS/Carlos Osorio Register now for FREE unlimited access to Reuters.com Register OTTAWA, Aug 5 (Reuters) – Canada’s economy unexpectedly lost jobs for the second month in a row in July after a......

India cenbank raises rates 50 bps as inflation concerns remain

Reuters
MUMBAI, Aug 5 (Reuters) – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high inflation that has remained above the central bank’s tolerance band for six straight months. With June retail......

U.S. services sector surprises with momentum; supply, price pressures easing

Reuters
Services sector PMI increases 1.4 points to 56.7 in July New orders up solidly; prices post biggest drop since 2017 Employment measure improves; worker shortages persist WASHINGTON, Aug 3 (Reuters) – The U.S. services industry unexpectedly picked up in July as new orders grew solidly, supporting views that the economy......

Slowdown beckons as euro zone retail sales drop more than expected

Reuters
Customers and employees of a shopping mall watch the demonstrations of supporters of the movement of Patriotic Europeans Against the Islamisation of the West (PEGIDA) and their opponents in Frankfurt, January 26, 2015. REUTERS/Kai Pfaffenbach/ Register now for FREE unlimited access to Reuters.com Register BRUSSELS, Aug 3 (Reuters) – Euro......

German exports surge to record level in June, outlook still gloomy

Reuters
A container ship leaves the port in front of famous landmark Philharmonic Hall in Hamburg, Germany, March 11, 2020. REUTERS/Fabian Bimmer/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN, Aug 3 (Reuters) – The value of German exports jumped by 4.5% in June to hit a record......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More