By Stella Qiu SYDNEY (Reuters) -A top Australian central banker said on Wednesday that there was increasing debate about whether the current cash rate of 3.6% is restrictive enough to keep inflation in check, adding that the question is critical for the policy outlook. In an interview with Reuters in Sydney, Reserve Bank of Australia …
By Kaori Kaneko TOKYO (Reuters) -Japanese manufacturing confidence surged to its highest level in nearly four years in November, led by the electronics and auto sectors which have been buoyed by softness in the yen and solid orders, the Reuters Tankan poll showed. The monthly poll, which tracks the Bank of Japan’s closely watched quarterly …
Japanese manufacturers’ sentiment surges to highest in nearly four years: Reuters poll Read More »
By Johann M Cherian and Sukriti Gupta (Reuters) -European shares closed at a record high on Tuesday, led by healthcare stocks, as investors anticipated an end to the U.S. government shutdown and assessed mixed forecasts from telecom companies including Vodafone and INWIT. The pan-European STOXX 600 ended up 1.3% at a record close of 580.13 …
SAO PAULO -Brazil’s inflation slowed more than expected in October, following a rebound in September, data from statistics agency IBGE showed on Tuesday, fueling expectations of an interest rate cut early next year. Consumer prices in Latin America’s largest economy rose 0.09% in October, down from a 0.48% increase the previous month, as residential electricity …
Brazil’s inflation slows in October, paves way for early 2026 rate cut Read More »
BUENOS AIRES (Reuters) -Argentina’s consumer prices likely rose at a roughly steady pace in October compared to the previous month, with the annual average rate remaining on track to mark a 6-year low, a Reuters poll of economists showed. Concerns about a possible inflationary spike around a key legislative vote on October 26 were dispelled …
BRASILIA (Reuters) -Brazil’s central bank said on Tuesday that recent economic developments evolving as expected have reinforced its view that the current 15% benchmark rate is adequate to bring inflation back to the 3% target. “The committee proceeds with the stage in which it opts to keep the rate unchanged for a very prolonged period, …
Brazil’s central bank shows stronger conviction in keeping rates steady Read More »
SYDNEY (Reuters) -Australia’s consumer sentiment turned optimistic in November for the first time in almost four years thanks to a much better outlook for family finances and the economy, a survey showed on Tuesday, even as the central bank held interest rates steady. A Westpac-Melbourne Institute survey showed its main index of consumer sentiment surged …
Australia consumer mood turns optimistic for first time in almost four years Read More »
SYDNEY (Reuters) -New Zealand’s inflation expectations remained subdued in the fourth quarter, a Reserve Bank of New Zealand (RBNZ) survey showed on Tuesday, with most respondents expecting a cut in the official cash rate when the bank meets end of this month. Two-year inflation expectations, seen as the timeframe when RBNZ policy action will filter …
New Zealand inflation expectations remain subdued in Q4, survey shows Read More »
SYDNEY (Reuters) -A measure of Australian business conditions picked up in October as firms reported better sales and profits, while gauges of costs and prices eased back further and looked to be well-behaved. The survey from National Australia Bank showed its index of business conditions rose one point to +9 in October, the highest level …
Australian business activity picks up in October, survey shows Read More »
By Purvi Agarwal and Noel Randewich (Reuters) -Wall Street ended sharply higher on Monday, led by big gains in Nvidia, Palantir and other heavyweight AI-related companies following progress in Washington to end a record government shutdown. The longest government shutdown in U.S. history could end this week after a compromise that would restore federal funding cleared an initial …
Wall Street jumps, Nvidia and Palantir lead AI surge Read More »
