By Marcela Ayres BRASILIA (Reuters) – Gabriel Galipolo, picked to be the next head of Brazil’s central bank, is a 42-year-old economist who has not always expressed mainstream orthodox eco[...]
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Morning Bid: Nvidia waiting game over, caution descends
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Hold on to your hats, or prepare for lift off? In the end, the much-anticipated release of Nvidia’s second quarter r[...]
Read moreStocks fall, Nvidia down 3% after the bell despite strong earnings
By Chibuike Oguh and Lawrence White NEW YORK/LONDON (Reuters) -Global equity markets eased while the U.S. dollar rebounded on Wednesday, and then chipmaker Nvidia’s better-than-expected results[...]
Read moreBrazil’s Lula to nominate Galipolo as central bank chief, says finance minister
By Marcela Ayres BRASILIA/SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution’s[...]
Read moreToronto market falls for second day as investors book profits
By Fergal Smith (Reuters) – Canada’s main stock index extended its pullback from a record high on Wednesday, as profit-taking in most sectors of the market offset gains for financials afte[...]
Read moreMexico central bank shrinks 2024 GDP growth forecast to 1.5%
By Sarah Morland MEXICO CITY (Reuters) -The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank’s quarterly report on Wednesday, citing weaker f[...]
Read moreUS dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more than a yea[...]
Read moreItaly to stick with commitment to cut deficit below EU’s 3% ceiling in 2026
By Giuseppe Fonte ROME (Reuters) – Italy plans to confirm a commitment to bring its deficit-to-GDP ratio below the European Union’s 3% ceiling in 2026 in the Treasury’s medium-term s[...]
Read moreGold falls on firmer dollar as US data takes spotlight
By Anushree Ashish Mukherjee (Reuters) – Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s largest economy for cl[...]
Read moreRussian economy shows solid growth despite Ukraine war sanctions
MOSCOW (Reuters) – The Russian economy has shown solid growth in many sectors while unemployment remains at a record low, new data showed on Wednesday, prompting officials to hint at a brighter[...]
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