(Reuters) – The cost of insuring exposure to United States sovereign debt rose to the highest level since 2011 on Friday, over market jitters that the government could hit its debt ceiling soone[...]
Read more
April 21, 2023
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty outflows as[...]
Read more
Canada retail sales seen slumping in March
OTTAWA (Reuters) -Canadian retail sales dipped by 0.2% in February from January, and are expected to drop another 1.4% in March, according to data from Statistics Canada on Friday, indicating high int[...]
Read more
U.S. Fed may reverse rules that masked losses on SVB’s securities – WSJ
(Reuters) -U.S. Federal Reserve is considering ending an exemption that has allowed certain midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, signali[...]
Read more
U.S., Euro zone business activity accelerates to 11-month highs in April
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. and Euro zone business activity gathered pace in April, according to surveys released on Friday, despite central bankers s[...]
Read more
Swedish central bank seen hiking by half percentage point to 3.5% next week- Reuters Poll
STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a half a percentage point next week as it grapples with soaring inflation, with a further quarter point to come in[...]
Read more
Zambia says it’s close to MoU with official creditors on debt relief
By Chris Mfula LUSAKA (Reuters) – Zambia’s official creditors are close to signing a memorandum of understanding on debt relief, Finance Minister Situmbeko Musokotwane said on Friday. Zamb[...]
Read more
Market divided on Colombia interest rate decision – hold or raise?- Reuters Poll
By Nelson Bocanegra BOGOTA (Reuters) – Analysts are divided on whether Colombia’s central bank board will hold the interest rate steady for the first time in 18 months or back one more inc[...]
Read more
US business activity rises to 11-month high in April – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity accelerated to an 11-month high in April, according to a survey on Friday, which was at odds with growing signs that the economy was in danger of sl[...]
Read more