By Wayne Cole SYDNEY (Reuters) – Australian home prices boasted a bumper 2021 as rock-bottom interest rates drove values sky-high, with values in Sydney alone rising an average of A$4,200 every single week. Figures from property consultant CoreLogic out on Tuesday did show some heat leaving the market as national home prices rose 1.0% in …
Australia home prices boast bumper 2021 as rates stay low Read More »
(Reuters) -Speculators cut their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Monday. The value of the net long dollar fell to $19.15 billion in the week ended Dec. 28, compared with a net long of $19.71 billion the previous …
Speculators cut net long U.S. dollar bets in latest week Read More »
(Reuters) – Argentine tax receipts grew 73.6% in December versus December 2020, the government announced on Monday. For the whole year of 2021, the country’s tax revenue was 65.9% higher in comparison to the previous year. (Reporting by Carolina Pulice, Editing by Franklin Paul)
By Diadie Ba DAKAR (Reuters) – Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai’s state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar. DP World Dakar, a joint venture between the Dubai-based …
Construction begins at DP World’s $1.1 billion port in Senegal Read More »
MEXICO CITY (Reuters) – Mexican annual inflation likely accelerated to a two-decade high in December, a Reuters poll showed on Monday, reinforcing expectations that the central bank will raise its key interest rate for the sixth consecutive time next month. The consensus forecast of 11 analysts surveyed was for inflation to advance to 7.51% from …
Mexico inflation seen at highest level in two decades in December: Reuters poll Read More »
By Daren Butler and Jonathan Spicer ISTANBUL (Reuters) – Turkey’s annual inflation rate surged to 36.1% last month, its highest in the 19 years that Tayyip Erdogan has ruled, laying bare the depths of a currency crisis engineered by the president’s unorthodox interest rate-cutting policies. In December alone, consumer prices took a rare step into …
Turkish inflation soars to 36%, highest in Erdogan era Read More »
ISTANBUL (Reuters) – President Tayyip Erdogan said on Monday he was saddened by Turkey’s 2021 annual inflation after it soared to 36.1%, adding his government was determined to lower it to single digits. Speaking after a cabinet meeting, Erdogan also said the rise in inflation was due to an increase in global commodity prices and …
Turkey’s Erdogan says he is saddened by inflation at 36% in 2021 Read More »
MEXICO CITY (Reuters) – Mexico’s manufacturing sector contracted for the 22nd month in a row in December, as prices surged and supply-side bottlenecks prompted severe delays in delivery times, a survey showed on Monday. The IHS Markit Mexico Manufacturing Purchasing Managers’ Index was flat in December at 49.4, unchanged from November, but still below the …
‘Not a great year’ for Mexico’s factories, sector contracts for 22nd straight month Read More »
JAKARTA (Reuters) – Indonesia recorded a budget deficit of 4.65% of gross domestic product for last year, sharply lower than initial estimates, as revenues surpassed their target, the finance minister said on Monday. Revenues rose on the back of a commodity boom and growing domestic demand, Sri Mulyani Indrawati told a news conference. The government …
Indonesia 2021 budget deficit smaller than target, 2022’s gap seen narrowing Read More »
By Ashitha Shivaprasad (Reuters) -Oil analysts have lowered their price forecasts for 2022 as the Omicron coronavirus variant poses headwinds to recovering fuel demand and risks a supply glut as producers pump more oil, a Reuters poll showed on Friday. A survey of 35 economists and analysts forecast Brent crude would average $73.57 a barrel …
Oil rally hits Omicron demand roadblock as glut worries rise Read More »
