By Scott Murdoch and Yantoultra Ngui SYDNEY/SINGAPORE (Reuters) – Asia’s dealmakers are counting on a pause in rate hikes globally and an economic rebound in China to rekindle activity in[...]
Read moreJune 19, 2023
Marketmind: China to cut rates, but by how much?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The People’s Bank of China takes center stage on Tuesday with a nea[...]
Read moreOil falls on uncertainty about Chinese economic growth
By Nia Williams (Reuters) -Oil prices fell on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating in t[...]
Read moreMexican inflation seen at lowest level in more than two years-Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely reached its lowest level in more than two years during the first half of June, but remained above the central bank’s target[...]
Read moreEuropean shares slide, Germany’s DAX retreats from record high
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares fell on Monday, as investors awaited further stimulus measures from China to revive demand and eyed testimony from Federal Reser[...]
Read moreHong Kong stock exchange’s yuan stock trading debut gets lukewarm trade volume
By Georgina Lee HONG KONG (Reuters) – The 24 companies that debuted the yuan-denominated stock trading scheme in Hong Kong attracted a small fraction of their stocks’ trading volume on Mon[...]
Read moreStocks rally stalls, eyes on Powell testimony for US rate clues
By Naomi Rovnick and Stella Qiu LONDON, SYDNEY (Reuters) -Global shares fell from 14-month highs hit last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets[...]
Read moreECB hawks argue for more hikes even as Lane opens door to pause
FRANKFURT (Reuters) -The European Central Bank should err on the side of further interest rate hikes as inflation could come in even higher than it expects, two ECB policymakers said on Monday, even a[...]
Read moreECB is data-driven, Sept decision too far off to call – Lane
MADRID (Reuters) – The European Central Bank is likely to raise interest rates again next month but it is too early to predict the decision of the September meeting, which will be shaped by inco[...]
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