By Harry Robertson LONDON (Reuters) – As investors turn to the Swiss franc as an alternative to Japan’s yen to fund carry trades, the risk of the currency staging one of its rapid rallies[...]
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September 2, 2024
Libya central bank showdown risks spiralling into wider crisis
By Angus McDowall (Reuters) -A struggle to control the Central Bank of Libya (CBL) has already sparked a blockade of oil production and it threatens the worst crisis in years for the major energy expo[...]
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Turkey economy grew 3.2% in Q2; seen cooling to 3.35% in 2024
ISTANBUL (Reuters) -Turkey’s economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll showed on Thursday, with t[...]
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Morning Bid: Plotting for payrolls
A look at the day ahead in European and global markets from Wayne Cole. It’s been a quiet start to the month with holidays in the United States and Canada sapping liquidity ahead of a deluge of[...]
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Indonesia’s inflation stays within central bank range in Aug
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holdin[...]
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Japan’s Q2 capex rises strongly, signals solid domestic demand
By Makiko Yamazaki TOKYO (Reuters) -Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of a domestic-led recovery in economic gr[...]
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Australia job ads fall 2.1% in August m/m, ANZ-Indeed data shows
SYDNEY (Reuters) – Australian job advertisements fell for a seventh straight month in August, data showed on Monday, as demand for labour continued to ease in the face of high interest rates and[...]
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Japan’s factory activity contracts at milder pace, PMI shows
TOKYO (Reuters) – Japan’s factory activity contracted at a slower pace in August thanks to a recovery in output and new orders, a private-sector survey showed on Monday, offering some hope[...]
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South Korea’s factory activity growth quickens even as overseas demand slows, PMI shows
SEOUL (Reuters) – South Korea’s factory activity growth quickened in August, as output expanded at the fastest pace in more than three years despite a slowdown in overseas demand, a privat[...]
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