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Oil prices tick up on supply woes but Fed rate hike bets cap gains
Oil prices tick up on supply woes but Fed rate hike bets cap gains Source link More
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Australia’s central bank says it is appropriate to slow rate hikes at some point By Reuters
© Reuters. Australian dollars are seen in an illustration photo February 8, 2018. REUTERS/Daniel Munoz SYDNEY (Reuters) – Australia’s top central banker on Friday flagged more interest rate rises ahead but said it would be appropriate to slow the rate of increase at some point. Reserve Bank of Australia (RBA) Governor Philip Lowe said the […] More
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Gold, Copper Head for Sharp Weekly Losses as Fed Rate Risks Increase By Investing.com
© Reuters. By Ambar Warrick Investing.com– Gold and Copper prices moved little on Friday, and were set for steep weekly losses as growing expectations of more sharp interest rate hikes by the Federal Reserve boosted the dollar and dented metal markets. prices were unchanged around $1,664.31 an ounce, while fell 0.3% to $1,673.15 an ounce by […] More
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South Korea’s August jobless rate hits record low By Reuters
© Reuters. South Korean job seekers wear face masks while maintaining social distance before an exam to avoid the spread of the coronavirus disease (COVID-19), in Seoul, South Korea, April 25, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s unemployment rate fell to a record low in August, while employed people increased for an 18th […] More
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Argentina hikes interest rate 550 bps after inflation overshoots By Reuters
© Reuters. FILE PHOTO: Pedestrians pass by Argentina’s Banco Central (Central Bank) in Buenos Aires’ financial district, Argentina, January 8, 2018. REUTERS/Agustin Marcarian/File Photo By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank hiked the country’s benchmark interest rate 550 basis points to 75% on Thursday, a day after inflation overshot forecasts to near […] More
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Nigeria inflation quickens in August ahead of rate decision By Reuters
2/2 © Reuters. FILE PHOTO: A vendor arranges onions for sale at Mile 12 International Market in Lagos, Nigeria May 13, 2022. REUTERS/Temilade Adelaja 2/2 By MacDonald Dzirutwe LAGOS (Reuters) – Inflation in Nigeria rose for a seventh straight month to 20.52% in August, the statistics bureau said on Thursday ahead of a central bank […] More
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Gold Prices Today: Strong greenback, rate hike scare to keep yellow metal under pressure
Gold Prices Today: Strong greenback, rate hike scare to keep yellow metal under pressure Source link More
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South African Reserve Bank to hike rate 75 bps to 6.25% on Sept. 22: Reuters poll By Reuters
© Reuters. South African Rand coins are seen in this photo illustration taken September 9, 2015. South Africa’s rand recovered some ground on Monday after falling 4 percent on Friday due to a row involving the finance minister, but government bonds fell. REUTERS/Mi By Vuyani Ndaba JOHANNESBURG (Reuters) – South Africa’s central bank will raise […] More
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Japan opposition calls for fiscal stimulus, not rate hike, to cope with weak yen By Reuters
© Reuters. The Democratic Party for the People leader Yuichiro Tamaki attends a debate session with other leaders of Japan’s main political parties, ahead of October 31, 2021 lower house election, at the Japan National Press Club in Tokyo, Japan October 18, 2021. RE By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) – Japan should […] More
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Stocks subdued by rate hike risks, yen steady By Reuters
© Reuters. People walk past an electric board showing Japan’s Nikkei share average in Tokyo, Japan September 14, 2022. REUTERS/Issei Kato By Tom Westbrook SINGAPORE (Reuters) – Asia’s stockmarkets were steady but fragile on Thursday, a day after their biggest drawdown in three months as investors weighed the risk of the Federal Reserve announcing a […] More
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China central bank partially rolls over medium-term policy loan, rate unchanged By Reuters
© Reuters. FILE PHOTO: People wearing face masks walk past the headquarters of Chinese central bank People’s Bank of China (PBOC), April 4, 2020. REUTERS/Tingshu Wang/File Photo SHANGHAI (Reuters) – China’s central bank partially rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Thursday, matching market expectations. The People’s Bank of […] More
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ECB could reach neutral rate by year end
2/2 © Reuters. FILE PHOTO: Francois Villeroy de Galhau, Governor of Banque de France, attends the Paris Europlace International Financial Forum in Paris, France, July 12, 2022. REUTERS/Benoit Tessier 2/2 PARIS (Reuters) -ECB interest rates could reach the level where they neither stimulate nor slow the economy by the end of the year, French ECB […] More