By Nikhil Sharma and Fergal Smith (Reuters) -Canada’s main stock index fell on Tuesday as domestic data showed inflation heating up and investors awaited an interest rate decision by the U.S. Federal Reserve. The Toronto Stock Exchange’s S&P/TSX composite index ended down 79.04 points, or 0.3%, at 24,706.07, after two straight days of gains. U.S. …
TSX falls ahead of Fed rate decision as inflation heats up Read More »
WELLINGTON (Reuters) – Consumer confidence in New Zealand softened in the first quarter as global trade war risks and ongoing cost of living pressures weigh on confidence, a survey showed on Wednesday. The Westpac-McDermott Miller consumer confidence index fell to 89.2 from 97.5 in the previous quarter. A reading above 100 indicates more optimists than …
New Zealand consumer confidence weakens, survey says Read More »
SANTIAGO (Reuters) – Chile’s economy slowed in the fourth quarter of 2024 from the previous three months but gained steam compared to a year earlier and full-year growth exceeded official estimates, data released by the central bank showed on Tuesday. The figures were published ahead of a key interest rate-setting meeting on March 21 at …
Chile’s economy slows in Q4 but full-year growth beats estimates Read More »
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is being forced to sell dollars at an accelerated rate to prop up the peso amid rising global uncertainty, including questions over a new deal with the International Monetary Fund. The bank, which has been battling for over a year to reverse a deep deficit …
Argentina central bank speeds up FX sales to prop up peso Read More »
By Marc Jones and Steven Scheer LONDON/TEL AVIV (Reuters) – Israel’s currency fell alongside its bonds and stock market on Tuesday as a wave of deadly airstrikes by its military in Gaza threatened the complete collapse of an already fragile two-month ceasefire with Hamas. Concerns about both the humanitarian and economic costs of a return …
Israel’s shekel and bonds slide as Gaza ceasefire buckles Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Bond investors are bracing for a U.S. economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal Reserve that is in no rush to resume cutting interest rates. In the run-up to this week’s two-day Federal …
Bond investors brace for US slowdown, shed risk as Fed seen on hold Read More »
By Uditha Jayasinghe (Reuters) -Sri Lanka’s economy grew 5% last year, official data showed on Tuesday, beating forecasts, and marking a strong rebound from the country’s worst financial crisis in decades, The economy grew 5.4% in the fourth quarter, the Census and Statistics Department said in a statement. The International Monetary Fund had forecast Sri …
Sri Lanka’s economy grew 5% in 2024 in strong rebound from financial crisis Read More »
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets U.S. stocks stabilised for the second day on Monday, as details of the February U.S. retail sales report calmed …
Morning Bid: US stocks stabilise as Europe keeps surging Read More »
By Friederike Heine BERLIN (Reuters) -German investor morale improved more than expected in March, the ZEW economic research institute said on Tuesday, reporting an increase in its economic sentiment index to 51.6 points from 26.0 points in February. Analysts polled by Reuters had pointed to a reading of 50.3. “The brighter mood is likely due …
German investor morale rises sharply in March as fiscal policy shift looms Read More »
TOKYO (Reuters) – Japan’s land prices rose at their fastest pace in 34 years in 2024 with recovery spreading to regional areas thanks to sustained economic growth, in the latest sign of a pickup in the property market, a government survey showed on Tuesday. Average nationwide land prices, across residential and commercial, grew 2.7% as …
Japan’s land prices rise at strongest pace in 34 years Read More »
