By Leika Kihara TOKYO (Reuters) – Japan’s central bank chief faces a key test of his communication skills at next week’s monetary policy meeting, where he is expected to keep alive prospects of an end to negative rates while hosing down excitement that such a move is imminent. Less than a year into the job, …
Analysis-BOJ wants markets ready for a policy shift – just not so soon Read More »
By Paritosh Bansal (Reuters) – U.S. short-term financing markets saw a three-day spike in interest rates at month-end. That’s left Wall Street wondering whether the financial system is running out of cash. A spike in repurchase agreements, or repo, where investors borrow against Treasury and other collateral, can be a sign that cash is getting …
In the Market: Wall Street eyes waning cash pile with anxiety Read More »
A look at the day ahead in European and global markets from Ankur Banerjee UK labour market data on Tuesday will take centre stage as Europe wakes up, with traders trying to gauge just how much inflationary pressure remains in Britain’s economy ahead of a Bank of England meeting on Thursday. The spotlight will then …
Marketmind: UK labour data takes the stage before US inflation Read More »
By Joe Cash BEIJING (Reuters) -Sixty percent of British firms feel that a slowing Chinese economy presents a bigger challenge to their operations in the Asian giant than strict COVID curbs in place until late last year, according to the British Chamber of Commerce in China. While the “peak pessimism” recorded during the pandemic is …
UK firms pause China investment decisions as growth slows: survey Read More »
By Marc Jones and Rodrigo Campos LONDON (Reuters) -Argentina’s financial markets made a groggy start to the Javier Milei era on Monday as they waited for the new president to launch into his promised economic shock therapy. The official peso, which some of the market is focusing on amid calls for a reset, dipped in …
Argentina’s markets on tenterhooks over Milei’s shock therapy Read More »
By Howard Schneider WASHINGTON (Reuters) – Whether it’s the “collective trauma” cited by the American Psychological Association (APA) or the bad “vibes” noted by internet analysts, there has been a clear break between the U.S. economy’s performance and public attitudes about it, according to new research from the Chicago Federal Reserve. Researchers at the regional …
US public’s downbeat view of economy is real, Chicago Fed research shows Read More »
MEXICO CITY (Reuters) – Mexico’s central bank will hold its benchmark interest rate steady for the sixth consecutive time later this week, a Reuters poll showed on Monday, in line with policymakers’ recent remarks that suggest discussions on rate cuts will begin next year. Twenty-two of the 23 analysts polled expect Banxico, as the central …
Mexican central bank expected to hold key interest rate at 11.25%: Reuters poll Read More »
WASHINGTON (Reuters) – The International Monetary Fund’s No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a “new Cold War” given the conflict in Ukraine and U.S.-China tensions. IMF First Deputy Managing Director Gita Gopinath told the International Economic Association in Medellin, Colombia, …
IMF’s Gopinath says economic fragmentation could cut global GDP by 7% Read More »
By Walter Bianchi BUENOS AIRES (Reuters) – Argentine voters may have cause to worry about new President Javier Milei’s pledge for painful economic shock therapy, but markets are keen, hoping the libertarian will give the economy a “firm kick” when he lays out his plan this week. The outsider economist on Sunday reaffirmed plans for …
Argentina markets want fiscal ‘kick’ to economy as Milei shock plan readied Read More »
By Steven Scheer JERUSALEM (Reuters) -Israel registered a budget deficit of 16.6 billion shekels ($4.5 billion) in November, the Finance Ministry said on Sunday, citing a jump in expenses to fund Israel’s war with Hamas militants in the Gaza Strip. As a percentage of GDP, the deficit over the previous 12 months rose to 3.4% …
Israel budget deficit spikes with Gaza war expenses Read More »
