LONDON, July 25 (Reuters) – Global equities rose on Tuesday, buoyed by a rally in Asia, where the yuan rallied after China pledged to step up support for its sputtering economy, while signs of a slowdown in European growth dented the euro. China’s top leaders pledged late Monday to provide more aid to the economy,…
Resume More households see prices rise in 1.5 years – survey Data points to rising inflationary pressures BOJ’s meeting in July in view, some question early adjustment to low rates TOKYO, Jul 12 (Reuters) – Japanese household inflation expectations have risen in the three months to June, a central bank survey showed on Wednesday. The…
HONG KONG, Jul 11 (Reuters) – Asian stocks rallied on Tuesday and the safe haven dollar fell on Tuesday as investors hoped this week’s US inflation data would support an impending end to rate hikes and welcomed the prospect of China’s economic stimulus to support the stagnation. grow. Markets are awaiting US inflation data expected…
According to a member of the US President’s Council of Economic Advisers, the Covid-19 pandemic, not Joe Biden’s economic policies and stimulus packages, is the “real cause” of high inflation. It was put to Heather Boushey in an interview over the weekend that a major criticism of “Bidenomics” and the massive boost it had brought…
(Bloomberg) — The Chinese yuan’s decline eased, while government bonds rallied as the country reportedly considers more stimulus after a surprise rate cut. Equities posted modest gains. Most read from Bloomberg The offshore yuan offset losses of as much as 0.3% and moved away from the closely watched level of 7.2 per dollar. The yield…
* Weak data on China fuels stimulus hopes * The Turkish lira falls sharply to a new record low * Hungary’s industrial production is falling * EM FX Muted, Stocks Up 0.6% By Siddarth S and Amruta Khandekar June 7 (Reuters) – Emerging market equities rose on Wednesday as hopes of an economic stimulus from…
(Bloomberg) – Stocks in Asia are set to reach their highest closing price in nearly four months, buoyed by a rally in Hong Kong stocks amid hopes of stimulus in China and a positive sign in geopolitics. Most read from Bloomberg An Asian equity measure gained as much as 0.4% while Hong Kong’s Hang Seng…