Reuters US Economy

By Alexander Tanas CHISINAU (Reuters) -Moldova’s breakaway Transdniestria region asked Russia on Wednesday to help its economy withstand Moldovan “pressure”, at a meeting of hundreds of officials dismissed by the pro-European Chisinau government as a propaganda event to gain headlines.   The region, long seen as a potential flashpoint with Russia in Europe, held a “congress …

Pro-EU Moldova dismisses breakaway region’s request for Russian help Read More »

SAO PAULO (Reuters) – Euro zone inflation is heading back towards the 2% target but the European Central Bank needs a bit more evidence that price developments are fully under control, Bundesbank President Joachim Nagel said on Wednesday. The ECB has kept rates at a record high since September but inflation has retreated and policymakers …

ECB needs to stay the course until more comforting wage data, says Nagel Read More »

By Mike Dolan LONDON (Reuters) – If you believe the options market, the world’s major currencies are going nowhere fast this year. A world of rapidly re-routed trade, political standoffs, pivotal elections, sparky inflation and widening growth gaps between G7 nations – it might reasonably be seen as an ideal incubator for volatility in major …

Column-FX seismograph quietens to pre-Ukraine invasion level :Mike Dolan Read More »

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday and trimmed the forecast peak for rates, catching markets by surprise as policymakers said the risks to the inflation outlook have become more balanced. The Reserve Bank of New Zealand’s decision was in line with forecasts but …

NZ central bank holds rates, tones down hawkish stance Read More »

A look at the day ahead in European and global markets from Ankur Banerjee An eerie calm is pervading global markets as traders await new inflation tests later in the week, which will give the next clues on closely watched rate outlooks in the U.S. and Europe. There were pockets of excitement in the Asian …

Marketmind: Calm prevails before inflation data, kiwi stirs Read More »

By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely rose in February for a fifth straight month, led by chip shipments, a Reuters poll showed on Wednesday, in which analysts said much slower growth this month would be largely due to unfavourable calendar effects. Exports out of Asia’s fourth-largest economy are expected to have …

South Korea exports likely rose for fifth month in Feb: Reuters poll Read More »

By Devayani Sathyan BENGALURU (Reuters) – Property analysts continue to forecast a 5.0% rise in Australian home prices in 2024, a Reuters poll showed, brushing off central bank comments since the last poll three months ago that leave open the possibility of an interest rate hike before year-end. After a 25% surge during the pandemic, …

Australia home prices likely to rise 5.0% this year and next: Reuters poll Read More »

By Andrea Shalal SAO PAULO (Reuters) -With just seven months to go in Kristalina Georgieva’s five-year term as head of the International Monetary Fund, she said on Tuesday that she is not focused on whether to seek a second one. Georgieva told Reuters she was focused on the work at hand as the IMF managing …

IMF chief Georgieva says focused on job at hand, not future role Read More »

(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. Investigators have in recent weeks been interviewing healthcare industry representatives in sectors where UnitedHealth competes, including doctor groups, the report said. During their interviews, investigators have asked …

US launches antitrust investigation into UnitedHealth, WSJ reports Read More »