By Saqib Iqbal Ahmed NEW YORK (Reuters) – Cooling U.S. inflation is accelerating a decline in the dollar, and risk assets around the world stand to benefit. The dollar is down nearly 13% against[...]
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July 14, 2023
Marketmind: Relief over US inflation keeps Asia upbeat
A look at the day ahead in European and global markets from Sonali Desai Thursday’s Goldilocks blend of cooling U.S. inflation and a still toasty jobs market continues to cast a glow across mark[...]
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UN agency calls for debt pause option as poverty rates rise
By Emma Farge and Marc Jones GENEVA/LONDON (Reuters) – A United Nations agency urged global finance ministers to give poor countries debt repayment breaks, estimating the COVID-19 pandemic and s[...]
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Factbox-Changes to Australia’s central bank following review
SYDNEY (Reuters) – Australia’s government announced on Friday that Michele Bullock, Deputy Governor at the Reserve Bank of Australia, will take over from Governor Philip Lowe in September,[...]
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Singapore dodges recession after slight growth in Q2
By Chen Lin SINGAPORE (Reuters) -Singapore’s economy narrowly escaped a recession in the second quarter as global demand weakened and China’s slowdown dragged on trade flows, leading some[...]
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Euro zone ministers agree on gradual wind-down of spending
BRUSSELS (Reuters) – Euro zone finance ministers agreed on Thursday that the single currency area needed a “determined, gradual and realistic” reduction of government spending to boo[...]
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Instant View: Australia appoints first female head for RBA
SINGAPORE (Reuters) – Australia on Friday appointed Michele Bullock as the next central bank governor, replacing Philip Lowe to become the first female head of the key institution. Reserve Bank[...]
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Fed’s Waller eyes July rate rise, and another hike before year ends
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call an all clear on U.S. inflation and favors more rate rises this year, saying the[...]
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IMF approves $189 million payment to Zambia after first programme review
JOHANNESBURG (Reuters) -The International Monetary Fund’s executive board has approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan programm[...]
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