A look at the day ahead in European and global markets from Rae Wee Global investors can’t wait to be done and dusted with August and usher in the new month with a bang, one that’s all but[...]
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August 30, 2024
Australian retail sales lose steam as tax cuts fail to excite shoppers
By Stella Qiu SYDNEY (Reuters) -Australian retail sales were flat in July after two months of upbeat results, showing large-scale tax cuts were yet to boost spending and firming expectations the next[...]
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Sterling’s stunning rally keeps twitchy currency markets on edge
By Naomi Rovnick LONDON (Reuters) -Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate[...]
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Israel central bank unlikely to cut rates again in 2024, deputy governor says
JERUSALEM (Reuters) – The Bank of Israel is unlikely to lower short-term interest rates at its remaining two 2024 policy meetings given rising price pressures and persisting geopolitical risk, d[...]
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Core inflation in Japan’s capital perks up, backs case for BOJ hikes
By Makiko Yamazaki and Satoshi Sugiyama TOKYO (Reuters) -Core inflation in Japan’s capital accelerated for a fourth straight month in August, data showed on Friday, tracking comfortably above th[...]
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India’s June qtr GDP growth likely slowed on reduced government spending
By Manoj Kumar NEW DELHI (Reuters) – India’s economic growth is expected to have slowed in the April-June quarter due to reduced government spending during the national elections and stall[...]
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Exclusive-Thai central bank chief, finance minister to meet over inflation target as govt eyes rate cut
By Kitiphong Thaichareon BANGKOK (Reuters) – Thailand’s central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior[...]
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