By Steve Scherer and Fergal Smith OTTAWA/TORONTO (Reuters) – China’s rapid reopening is likely to fuel demand for commodities produced in abundance by Canada, potentially helping Canada[...]
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February 6, 2023
European shares fall as strong U.S. data stokes rate hike jitters
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares fell on Monday, as fears that the global interest rate-hiking cycle could persist for longer than previously expected weighed on[...]
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Russia’s Jan budget deficit widens as energy revenues slump
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Slumping energy revenues and soaring expenditure pushed Russia’s federal budget to a deficit of 1.76 trillion roubles ($24.78 billion)[...]
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Lula says ‘no explanation’ for Brazil’s current interest rate levels
RIO DE JANEIRO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday there was “no explanation” for the country’s high interest rates, with the benchmark rat[...]
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What is Bank of England watching as it considers peak in rates?
By Andy Bruce MANCHESTER, England (Reuters) – The Bank of England has signalled the tide is turning in its battle against high inflation after a series of interest rate hikes – but it has[...]
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Dollar extends U.S. jobs data bounce; yen slips
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose to a three-week high against the euro on Monday, as Friday’s blockbuster U.S. jobs report raised the likelihood of the U.S. Federa[...]
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Canada’s Ivey PMI rebounds to 8-month high as employment rises
TORONTO (Reuters) – Canadian economic activity expanded in January at the sharpest pace in eight months as employment climbed and supplier deliveries speeded up, Ivey Purchasing Managers Index ([...]
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Ghana debt swap deal ‘good for you’, finance minister tells retirees
By Christian Akorlie ACCRA (Reuters) -Ghana’s finance minister told a group of protesting retiree bondholders on Monday they were being a offered a good deal, as the government of the struggling[...]
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Botswana sees 2023 growth of 4%, plans infrastructure drive
By Brian Benza GABORONE (Reuters) – Botswana expects economic growth of 4% this year while targeting medium-term growth of 5.7%, and the government plans to ramp up infrastructure investment, it[...]
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