SAO PAULO (Reuters) – Retail sales in Brazil rose for the second consecutive month in April driven by Easter sales, data from government statistics agency IBGE showed on Wednesday, but that was[...]
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June 14, 2023
Exclusive-World Bank chief to ‘push’ its balance sheet, vows to protect ‘AAA’ rating
By David Lawder KINGSTON, Jamaica (Reuters) – World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and[...]
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Marketmind: Fed rate mystery and a wall of cash
(Reuters) – A look at the day ahead in U.S. and global markets from Harry Robertson. There’s only one show in town today: Jerome Powell’s mystery monetary tour. Powell’s Federa[...]
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South African business confidence slips slightly in May
JOHANNESBURG (Reuters) – South African business confidence fell slightly in May, with lower trade volumes, fewer tourists and a weaker rand exchange rate weighing on sentiment, data showed on We[...]
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Euro zone industrial production up more than expected in April
BRUSSELS (Reuters) – Euro zone industrial production rebounded more than expected in April after a slump in March, as a surge in the output of capital goods such as buildings and equipment offse[...]
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Global investment banks rush to cut yuan forecasts
SHANGHAI (Reuters) – Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened past the closely watched 7 per dollar level, pressured by widening yield d[...]
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Analysis-Diverging rates outlook has China’s yuan eying 2022 lows
By Winni Zhou, Tom Westbrook and Brenda Goh SHANGHAI/SINGAPORE (Reuters) – Bond markets are putting Chinese and global rates on opposite paths, speculating on cuts in China against hikes in the[...]
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Retail and films drive modest growth in UK economy
By Andy Bruce LONDON (Reuters) – Retailers and the film industry helped Britain’s economy inch higher in April, despite contractions in manufacturing and construction, according to data on[...]
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Thai central bank to hike more as rate not neutral yet, says core inflation high
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s central bank expects further gradual policy tightening as the benchmark rate is not at neutral levels yet and co[...]
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