European shares marginally up; investors eye dovish ECB comments
(Reuters) – Stocks in Europe inched up on Thursday as investors looked for a dovish outlook on top of a fully priced in European Central Bank interest rate cut, while…
Economy
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Investors turn short on most Asian FX as dollar strength prevails- Reuters poll
By Roushni Nair (Reuters) – Analysts turned bearish on most Asian currencies, with short bets on the Indian rupee at a one-year high, as expectations the Federal Reserve would cut…
‘No excuses’: Thai central bank rate cut intensifies pressure on PM to spur economy
By Orathai Sriring BANGKOK (Reuters) – After months of withstanding political pressure and public bickering, Thailand’s central bank on Wednesday delivered what the country’s government had been pressing for: it…
Chipmaker TSMC’s profits surge, retail sales ahead – what’s moving markets
Investing.com — S&P 500 futures and Nasdaq 100 futures contracts inched slightly higher on Thursday, with markets looking ahead to retail sales data and a slew of corporate earnings announcements. Taiwan…
Thai Finance Minister says still wants higher inflation target after rate cut
BANGKOK (Reuters) – Thailand’s government still wants to see a higher inflation target that will push up prices, the finance minister said on Thursday after the central bank’s surprise interest…
Morning Bid: ECB to cut, markets want clues on next move
A look at the day ahead in European and global markets from Tom Westbrook The European Central Bank is expected to make its first back-to-back rate cut in 13 years…
China boosts funds for housing projects to support embattled sector
BEIJING (Reuters) -China will expand a “white list” of housing projects eligible for financing and increase bank lending for such developments to 4 trillion yuan ($562 billion), Minister of Housing…
Australia’s job machine extends strong run, 2024 rate cut bets fade
SYDNEY (Reuters) -Australian employment beat forecasts for a sixth straight month in September, while the jobless rate held steady, reinforcing the view that the labour market remains tight as market…
‘Trump trade’ lifts dollar, Asia stocks await China news
By Tom Westbrook SINGAPORE (Reuters) – Asian shares steadied on Thursday ahead of a housing policy briefing in China that has raised expectations of support for the ailing property sector,…
Dollar hovers near 11-week high, eyes on China property briefing
By Rae Wee SINGAPORE (Reuters) – The dollar held near an 11-week high on Thursday as uncertainty over the upcoming U.S. election looms and as resilience in the U.S. economy…