By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data that raised investor expectations that the Federal Reserve c[...]
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Australia
Dollar jumps after surprise boost in May payrolls
(Updates prices, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch keeping U.S. credit rating on negative watch) By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar rose on Friday[...]
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RBA to hold rates at 3.85% in June, but may raise again soon
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its key interest rate unchanged at 3.85% on Tuesday despite inflation well above the target range, according to[...]
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Australia hikes minimum wage as living costs surge
By Stella Qiu SYDNEY (Reuters) -Australia will raise the minimum wage by 5.75% from July 1 as families grapple with soaring living costs, a decision that businesses and some economists say risks furth[...]
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Global equities rise, U.S. yields fall after debt ceiling bill advances
By Chibuike Oguh New YORK (Reuters) – Global equities rose on Thursday after the U.S. House of Representatives passed a bill to raise the federal debt ceiling, while U.S. Treasury yields fell as[...]
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Euro up after Lagarde promises rate hike while Fed signals June pause
By Hannah Lang and Joice Alves WASHINGTON/LONDON (Reuters) – The euro recovered from a two-month low Thursday after European Central Bank (ECB) President Christine Lagarde said inflation remaine[...]
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Australia first-quarter business investment hits 7-year high, outlook solid
SYDNEY (Reuters) – Australian business investment rose to a seven-year high in the first quarter, helped by a jump in spending on mining, manufacturing and transport, while firms affirmed plans[...]
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Aussie housing dip over, prices to rebound into next year on rate view- Reuters poll
By Vivek Mishra BENGALURU (Reuters) – Australia’s housing market outlook has improved significantly, with home prices expected to on average stagnate this year compared to the near double-[...]
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Australian home prices climb for third straight month in May
SYDNEY (Reuters) – Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the[...]
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