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October 22, 2021

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EXCLUSIVE UK public’s inflation expectations rocket to record high: GfK

Reuters
People shop at market stalls, with skyscrapers of the CIty of London financial district seen behind, amid the coronavirus disease (COVID-19) pandemic, in London, Britain, January 15, 2021. REUTERS/Toby Melville/Files LONDON, Oct 22 (Reuters) – A record proportion of the British public thinks inflation will accelerate over the next 12......

EXCLUSIVE BOJ discussing phasing out pandemic support as economy reopens – sources

Reuters
Businessmen wearing protective face masks walk on a pedestrian bridge, amid the spread of the coronavirus disease (COVID-19), in a business district in Tokyo, Japan June 24, 2020. REUTERS/Issei Kato Markets expect extension of scheme’s March deadline Decision on pandemic loan programme due Dec at earliest Some fret of cost......

U.S. consumer spending beats expectations; inflation still hot

Reuters
People wearing protective masks shop at Macy’s Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., December 26, 2020. REUTERS/Jeenah Moon Consumer spending increases 0.8% in August Income rises 0.2%; saving rates falls to 9.4% Core PCE price......

Equity, bond funds see inflows as markets hit rough patch – BOFA

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 29, 2021. REUTERS/Brendan McDermid LONDON, Oct 1 (Reuters) – Global equity and bond funds saw modest inflows at the expense of cash and gold funds even as global markets hit a rough......

Japan Aug household spending seen falling on pandemic hit: Reuters poll

Reuters
A staff wearing a face shield sells fish at Japan’s supermarket group Aeon’s shopping mall as the mall reopens amid the coronavirus disease (COVID-19) outbreak in Chiba, Japan May 28, 2020. REUTERS/Kim Kyung-Hoon/File Photo reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=JPALLS%3DECI household spending poll data reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=JPCPIT%3DECI Tokyo core CPI poll data TOKYO, Oct 1 (Reuters) –......

Former Olympics minister Suzuki to be next Japan finance minister – Yomiuri

Reuters
Japan’s Olympics Minister Shunichi Suzuki speaks at a news conference in Tokyo, Japan August 3, 2017. REUTERS/Kim Kyung-Hoon TOKYO, Oct 1 (Reuters) – Japan’s former Olympics minister Shunichi Suzuki is likely to be appointed finance minister in presumptive new Prime Minister Fumio Kishida’s cabinet, the Yomiuri daily reported, a key......

S&P 500, Dow tumble as Wall Street heads for monthly losses

Reuters
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo S&P 500 set to snap seven-month winning streak Indexes down: Dow 1.25%, S&P 0.86%, Nasdaq 0.30% Sept 30 (Reuters) – The S&P 500 and the......

Analysis: From chips to ships, shortages are making inflation stick

Reuters
A gas burner is pictured on a cooker in a private home in Bordeaux, soutwestern France, December 13, 2012. REUTERS/Regis Duvignau Analysts still view price pressures as temporary But watching supply, worker shortages closely U.S. seen more at risk from wage-induced inflation LONDON, Sept 30 (Reuters) – Soaring gas prices,......

China power crunch slams factories as coal lobby warns woes could stay until winter

Reuters
SHENYANG, China, Sept 30 (Reuters) – Small firms caught in China’s prolonged energy crunch are turning to diesel generators, or simply shutting shop, as coal industry officials voiced fears about stockpiles ahead of winter and manufacturing shrank in the world’s no. 2 economy. Beijing is scrambling to deliver more coal......

S&P 500, Dow gain amid inflation concerns, debt ceiling debate

Reuters
Dow top gainer, boosted by Boeing Fed Chair Powell expresses frustration over supply chain woes Indexes: Dow up 0.26%, S&P rises 0.16%, Nasdaq off 0.24% NEW YORK, Sept 29 (Reuters) – Wall Street ended firmer on Wednesday in a partial rebound from the previous day’s broad sell-off, with remarks from......

Powell: “Tension” between jobs, inflation is the chief challenge facing Fed

Reuters
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch/Pool via REUTERS Sept 29 (Reuters) – Resolving “tension” between high inflation and still-elevated unemployment is......

Two Fed officials depart amid scrutiny over investment trades

Reuters
WASHINGTON, Sept 27 (Reuters) – Two Federal Reserve officials who came under scrutiny for investment trades they made last year announced their retirements on Monday, in a controversy that has already sparked a planned review of the Fed’s ethics rules. Dallas Fed President Robert Kaplan said he will retire on......

Oil shares lead charge as crude hits new 3-year highs

Reuters
A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon Oil climbs on tight supply, strong demand Markets hope Beijing will contain Evergrande fallout U.S. debt ceiling deadline nears, spending bill to get vote Bonds pressured......

Wall St Week Ahead Fed’s coming taper fans talk of renewed ‘reflation’ trade

Reuters
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo NEW YORK, Sept 24 (Reuters) – The Federal Reserve’s signal that it will soon unwind its bond buying program is bolstering the case in financial markets......

Wall Street set for strong open as taper fears fade

Reuters
A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid Weekly jobless claims rise more than expected Accenture, Salesforce up after boosting forecasts Futures up: Dow 0.69%, S&P 0.62%, Nasdaq 0.53% Sept 23 (Reuters) – Wall......

Indonesia finmin warns of ripple effect from China’s Evergrande debt woes

Reuters
Indonesian Finance Minister Sri Mulyani wearing a protective mask reacts during an interview with Reuters at the Presidential Palace in Jakarta, Indonesia, November 13, 2020. REUTERS/Willy Kurniawan JAKARTA, Sept 23 (Reuters) – Indonesian authorities are monitoring the financial market situation in China, finance minister Sri Mulyani Indrawati said on Thursday,......

COVID-19 sends northern Chinese city into semi-shutdown

Reuters
BEIJING, Sept 22 (Reuters) – China’s northeastern city of Harbin, population 10 million, went into semi-shutdown after reporting new locally transmitted COVID-19 cases for the first time since early February. Three of 16 new local cases reported in China for Sept. 21 were in Harbin, the provincial capital of Heilongjiang,......

Germany’s Ifo institute slashes 2021 GDP growth forecast to 2.5%

Reuters
: Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany, April 27, 2020. Swen Pfoertner/Pool via REUTERS/File Photo Germany’s next chancellor inherits fragile recovery Supply bottlenecks hold back industrial output Consumption boom on the cards for next year BERLIN, Sept 22 (Reuters) – Germany’s Ifo economic institute......

BOJ more downbeat on exports, output even as recovery seen on track

Reuters
A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon BOJ keeps interest rate targets unchanged BOJ offers bleaker view on export, output Kuroda says Japan’s economy headed for recovery BOJ rolls out......

BOJ rolls out climate scheme, to disburse first loans late December

Reuters
A man wearing a protective mask stands in front of the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo BOJ will begin accepting applications from Wednesday BOJ says to offer climate loans twice a year Financial institutions required to......

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