By Lewis Krauskopf NEW YORK (Reuters) – Investors are studying an array of indicators for clues on how much further a brutal slide in U.S. stocks could run, with some signs suggesting the tumble in equities may not be over. The S&P 500 extended its decline to nearly 20% from January’s record peak on Thursday …
Signs of market bottom elude investors after steep selloff Read More »
(Reuters) – A week that included a bevy of still-ugly inflation numbers may also have marked a turn in market views of the Federal Reserve, as inflation expectations fell, bond yields moderated, and even consumers stopped ratcheting up their outlook for price increases. A survey of professional forecasters, meanwhile, seemed to endorse the Fed’s hope …
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May as worries about inflation persisted, but household spending remains underpinned by a strong labor market and massive savings, which should keep the economy expanding. The University of Michigan’s survey on Friday showed the deterioration …
U.S. consumer sentiment approaches 11-year low, monthly import prices unchanged Read More »
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s economy could have grown by 7.5% in the first quarter of 2022 versus the year-earlier period, mainly boosted by domestic consumption, though this will begin to moderate amid inflationary pressures, a Reuters poll revealed on Friday. Estimates from 13 analysts for economic growth fluctuated between 6% and 8.30% …
Colombia Q1 economic growth forecast at 7.5% – Reuters poll Read More »
By Ann Saphir (Reuters) -The Federal Reserve will do what it needs to do to bring down very high inflation, Minneapolis Fed President Neel Kashkari said on Friday, though how much it will need to do depends in part on how quickly energy and other supply constraints dissipate. “I’m confident that my colleagues and I …
How much Fed must do depends on supply outlook: Kashkari Read More »
By Yoruk Bahceli (Reuters) – Battered U.S. and German government bond markets have just put in their best weekly performance since early March, suggesting a painful surge in yields due to high inflation may finally be abating as the focus turns to growth fears. Gilts in Britain, where the Bank of England warned of a …
Four reasons why the bond market rout may be over Read More »
ISTANBUL (Reuters) -Turkey’s industrial production is expected to have expanded 6.5% in March, rising for a 21st consecutive month as factory activity remains strong despite rampant inflation and an ailing local currency, a Reuters poll showed on Tuesday. Year-on-year growth has remained positive since coronavirus measures were eased in 2020. On a monthly basis, the …
By Arsh Tushar Mogre BENGALURU (Reuters) – Thailand’s economy likely grew modestly in the first quarter, thanks to robust exports and an easing of COVID-19 restrictions and despite low tourist arrivals and high inflation dampening consumer spending, a Reuters poll found. Southeast Asia’s second-largest economy is estimated to have expanded 2.1% in the January-March period …
Thailand’s economy likely grew modestly in Q1, stung by high inflation: Reuters poll Read More »
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said recent sharp yen moves were undesirable, echoing comments by the finance minister in a sign policymakers were focusing on the speed of moves in gauging the impact of the currency’s slump on the economy. Kuroda said the yen’s drop would affect households and …
Japan warns again about sharp yen moves, BOJ focuses on speed of change Read More »
By Leika Kihara TOKYO (Reuters) – Japan’s core consumer inflation in April is expected be slightly higher than the central bank’s 2% target, hitting a seven-year peak as sharp climbs in fuel and global commodity costs push up the cost of living. Analysts expect consumer inflation to hover around 2% in the coming months as …
Japan April consumer inflation seen exceeding central bank’s 2% goal: Reuters poll Read More »
