By Mike Dolan LONDON (Reuters) – In many respects, Donald Trump inherited the “golden age” he claims to be ushering in. All he really needs to do is not screw it up. In economic and financial terms, the United States has rarely been in better health. The world’s largest economy has been humming at annualized …
Column-‘Golden age’ here already, Trump just needs to protect it: Mike Dolan Read More »
By Sinéad Carew and Johann M Cherian (Reuters) – Wall Street’s main indexes rose on Tuesday, with the S&P 500 and the Dow closing at their highest levels in more than a month as investors assessed Donald Trump’s first actions as U.S. president and were encouraged that he did not start his second term with …
Wall Street ends higher with hopes for measured US trade policy Read More »
By Clare Jim, Ziyi Tang, Kane Wu HONG KONG (Reuters) -After numerous measures to resolve a liquidity crisis in the property market in recent years, Beijing is expected to end up dusting off an old playbook and step in directly to stabilise a state-backed developer seen as a bellwether for the sector. With the crisis …
Vanke woes to test limits of China’s property sector revival efforts Read More »
BUENOS AIRES (Reuters) – Argentina logged its largest energy trade surplus in nearly two decades last year, the energy secretariat said on Tuesday, marking a win for libertarian President Javier Milei who has vowed to use oil and gas exports to propel the weakened economy out of recession. The Latin American nation exported $9.68 billion …
Argentina logs largest energy trade surplus in 18 years in win for Milei Read More »
By Naomi Rovnick, Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -U.S. President Donald Trump’s return to the White House has been met with both relief and disappointment across world markets as investors try to work out what the next four years will bring. “The approach will be chaotic, unpredictable, spur of the moment and driven …
Trump’s return to the White House: Market winners and losers Read More »
By Promit Mukherjee OTTAWA (Reuters) -Canada’s annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down prices of alcohol, restaurant foods and children’s clothing. The annual inflation rate dropped to 1.8%, Statistics Canada said, slightly lower than …
Canada’s annual inflation rate drops to 1.8% in December on sales tax relief Read More »
TORONTO (Reuters) – Canada’s annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month’s 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER, CHIEF ECONOMIST, BMO CAPITAL MARKETS “It was a very interesting month of course. There were a lot of moving …
Instant View: Canada’s annual inflation rate eases to 1.8% in December Read More »
(Reuters) – Mexico’s economy likely grew 1.1% in December compared with the same month a year earlier, a preliminary estimate from national statistics agency INEGI showed on Tuesday. Compared with the previous month, the economy likely grew by 0.4%, the agency said. (Reporting by Ricardo Figueroa and Natalia Siniawski; Editing by Gabriel Araujo)
By Jamie McGeever ORLANDO, Florida (Reuters) -As Donald Trump begins his second term as U.S. president, currency speculators are giving the dollar their strongest backing since before he was first given keys to the White House. The question now is whether this signals more USD strength ahead or marks the peak of the current cycle …
Funds start Trump 2.0 era most bullish on dollar since 2016: McGeever Read More »
ISTANBUL (Reuters) – Turkey could restart trade with Israel “if peace is permanent”, Nail Olpak, head of the Turkish Foreign Economic Relations Board (DEIK), said on Tuesday. Turkey severed trade with Israel last year over its war in Gaza with the Palestinian militant group Hamas. This week Israel and Hamas began carrying out a complex …
Turkey could restart Israel trade if peace permanent, trade body says Read More »
