ECB’s Kazimir: increasingly confident in disinflation path
FRANKFURT (Reuters) – Euro zone inflation is increasingly likely to return to target next year but a bit more evidence is needed before the European Central Bank can declare victory,…
Economy
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China central bank conducts first operations under swap facility to bolster stock market
SHANGHAI (Reuters) -China’s central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging assets worth 50 billion yuan ($7 billion) with…
Analysis-Latin America braces for US election impact on trade, tariffs
By Rodrigo Campos Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris or a return to…
ECB’s Simkus says rates may need to go below ‘natural’ level
VILNIUS (Reuters) – The European Central Bank is likely to cut its key interest rate down to its “natural” level between 2% and 3% but it may need to reduce…
Futures mixed, earnings ahead this week – what’s moving markets
Investing.com — US stock futures were broadly mixed on Monday after the benchmark S&P 500 and 30-stock Dow Jones Industrial Average both logged record closing highs in the prior session. Traders…
Explainer-What’s on the agenda at the COP16 nature summit in Colombia?
By Oliver Griffin and Jake Spring BOGOTA (Reuters) – During this month’s U.N. Biodiversity Summit, known as COP16, in the Colombian city of Cali, nearly 200 countries will be debating…
Analysis-World lags on 2030 nature goals headed into UN COP16 talks
By Jake Spring (Reuters) – The world in 2022 reached its most ambitious deal ever to halt the destruction of nature by decade’s end. Two years later, countries are already…
Vietnam PM says aiming to lift 2024 growth above 7%
HANOI (Reuters) – Vietnam’s gross domestic product is expected to grow by 6.8%-7.0% this year, Prime Minister Pham Minh Chinh told parliament on Monday, before adding that the government was…
IMF, World Bank meetings clouded by wars, slow economic growth, US election
By David Lawder WASHINGTON (Reuters) – Global finance chiefs will gather in Washington this week amid intense uncertainty over wars in the Middle East and Europe, a flagging Chinese economy…
Morning Bid: SAP sets the tone
A look at the day ahead in European and global markets from Vidya Ranganathan Europe’s heavyweight software maker SAP reports third-quarter earnings today. The behemoth will set the tone for…