PRAGUE (Reuters) – The Czech parliament’s lower house gave initial backing on Friday to the centre-right government’s package of spending cuts and tax hikes aimed at cutting the budg[...]
Read moreJuly 14, 2023
European sovereign bond funds pull in record $15 billion in second quarter
By Harry Robertson LONDON (Reuters) – Global investors poured a record amount of money into European sovereign bond funds in the second quarter of the year, lured in by high yields and the prosp[...]
Read moreUkraine posts trade deficit of $8.97 billion in Jan-May
KYIV (Reuters) – Ukraine’s trade deficit grew to $8.97 billion in the first five months of the year compared with a deficit of about $1 billion posted in the same period a year ago, the st[...]
Read moreCanada May factory sales up 1.2% on chemicals, autos
July 14 (Reuters) – Canadian factory sales grew by 1.2% in May from April on higher sales of chemical products, as well as motor vehicles, Statistics Canada said on Friday. Excluding vehicles an[...]
Read moreEmerging market equity fund inflows outpace developed market rivals
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market equity funds are outpacing developed market rivals in attracting inflows for the first time in three years, underscoring[...]
Read moreAnalysis-As deficit soars, Egypt expands money supply, fuelling inflation
By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow an expansion of the money supply which bankers and[...]
Read moreInvestors pile into stocks, bonds as ‘mission accomplished’ on inflation-BofA
LONDON (Reuters) – Investors piled into bonds and stocks while shedding cash in the week to Wednesday, according to a report on Friday from Bank of America (BofA) Global Research. The report sai[...]
Read moreMarketmind: Banks lob earnings into giddy markets
A look at the day ahead in U.S. and global markets from Mike Dolan Flush with hope that impressive disinflation will allow the Federal Reserve to end its rate-hike campaign this month, world markets n[...]
Read moreBOJ unveils timetable of Ueda’s flagship review of unconventional tools
By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) announced details on Friday of how it will conduct Governor Kazuo Ueda’s flagship review of its past unconventional monetary easin[...]
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