(Reuters) -This week will be dominated by U.S. President Donald Trump’s plans for reciprocal tariffs, while the latest U.S. jobs data, an Australian central bank meeting and a key euro zone inflation report means there is plenty for markets to consider. Here’s your one-stop shop for the week ahead in world markets from Kevin Buckland …
A look at the day ahead in European and global markets from Wayne Cole It’s been a rocky start to the week in Asia as a rush from risk left stocks down across the board, while bonds extended their rally and gold rose to another record. Sentiment was fragile enough ahead of the announcement of …
Morning bid: Risk assets trampled as Trump touts tariffs for all Read More »
By Satoshi Sugiyama TOKYO (Reuters) -Japan’s factory output rose at a better than expected pace last month, but cooling retail sales growth and a slowdown in production expected by manufacturers in the near term pointed to the growing strains for an economy facing rising external risks. Japanese companies are increasingly worried President Donald Trump’s protectionist …
Japan factory output up, but soft outlook and cooling retail sales pressure economy Read More »
By Kirsty Needham CASULA, Australia (Reuters) – On Sydney’s urban fringe, a perfect storm of living cost and geopolitical pressures is brewing for Australia’s Prime Minister Anthony Albanese and the electoral chances of his centre-left Labor government. Maria Markovic, 50, sees renewable energy as driving up prices, and wants politicians to “make Australia great again …
Housing dream turned nightmare weighs on Australian voters ahead of national election Read More »
BUENOS AIRES (Reuters) -Argentina is seeking a first disbursement of more than 40% under a $20-billion program it is negotiating with the International Monetary Fund (IMF), Economy Minister Luis Caputo said on Sunday. The South American country had eliminated the fiscal deficit and cut public spending, Caputo reiterated, as the government aims to beef up …
Argentina requests first tranche of more than 40% under $20 billion IMF program Read More »
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -New Zealand’s central bank said on Monday it would review bank capital requirements this year following criticism of the regime for being too stringent and reducing competition in the sector. “We have heard the claims that our bank capital regime is unreasonably conservative, and that it is …
New Zealand central bank to review capital settings to boost banking competition Read More »
By Maria Martinez BERLIN (Reuters) – The Art House Tacheles used to be the epicentre of the alternative art and culture scene in Berlin, an impressive five-storey building in the heart of the capital dating back to 1908 and occupied by artists after the fall of the Berlin Wall. But in 2012 the raves were …
No longer ‘poor but sexy?’ Berlin’s economic rise comes at a price Read More »
(Reuters) – Ratings agency Moody’s on Friday said the UK government’s moves to restore budget headroom reflect a difficult fiscal outlook, although the timely reaction to a deterioration in public finances is positive. British finance minister Rachel Reeves on Wednesday rebuilt the margin against which Britain’s government will meet its fiscal rules, in part by …
Moody’s says UK’s moves to restore budget headroom reflect difficult fiscal outlook Read More »
(Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that President Luiz Inacio Lula da Silva will not adopt unorthodox policies with next year’s presidential election in mind, where he is seen as the leading left-wing candidate. “We will stay the course, meeting our targets and pursuing our goals because this is the right …
Brazil’s Lula will not take unorthodox measures ahead of election, minister says Read More »
By Fergal Smith (Reuters) -Canada’s main stock index fell on Friday by the most in three weeks as U.S. data and an expanding trade war raised fears of a global economic slowdown. Toronto Stock Exchange’s S&P/TSX composite index ended down 401.91 points, or 1.6%, at 24,759.15, its lowest closing level since March 18 and its …
TSX posts biggest decline in three weeks on trade war gloom Read More »
